Store Manager (Luxury Retail)
Published date: 2024/01/10
- Location: Mumbai, Maharashtra, India
The key responsibilities of the role are as follows:
• Maximize sales and profitability of the area
• Formulate and implement store strategies and procedures
• Control costs within budgetary guidelines
• Promote awareness of local trading patterns, the trading environment and competitor activity
• Identify internal and external commercial opportunities
• Maximize productivity in store through effective deployment of resources
• Increase market share in the area and study competition regularly
• Monitor and control expenses (overtime, local, stock and consumables) through efficient store operations
• Look at prospective sites and evaluate new sites
• Execute promotions are implemented according to guidelines and that local/seasonal promotional opportunities are identified and maximized.
• Ensure maintainence and regular review of store operational and corporate standards leading to standardization of systems
• Monitor inventory management systems within the area (stock availabililty, order management, back store management, stock consolidation and transfer)
• Ensure ontime stock count and effective stock management (right product is available at the right time in all stores)
• Maximize sales and profitability of the area
• Formulate and implement store strategies and procedures
• Control costs within budgetary guidelines
• Promote awareness of local trading patterns, the trading environment and competitor activity
• Identify internal and external commercial opportunities
• Maximize productivity in store through effective deployment of resources
• Increase market share in the area and study competition regularly
• Monitor and control expenses (overtime, local, stock and consumables) through efficient store operations
• Look at prospective sites and evaluate new sites
• Execute promotions are implemented according to guidelines and that local/seasonal promotional opportunities are identified and maximized.
• Ensure maintainence and regular review of store operational and corporate standards leading to standardization of systems
• Monitor inventory management systems within the area (stock availabililty, order management, back store management, stock consolidation and transfer)
• Ensure ontime stock count and effective stock management (right product is available at the right time in all stores)
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