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Store Manager

6.00 to 11.00 Years   Mumbai City   11 Oct, 2022
Job LocationMumbai City
EducationNot Mentioned
SalaryRs 6 - 8 Lakh/Yr
IndustryRetail
Functional AreaSales / BD
EmploymentTypeFull-time

Job Description

    • Complete store operational requirements by scheduling and assigning employees; following up on work results
    • Maintain store staff by recruiting, selecting, orienting and training employees
    • Maintain store staff job results by coaching, counselling and disciplining employees; planning, monitoring and appraising job results
    • Prepare annual budget; schedule expenditures; analyze variances; initiate corrective actions
    • Identify current and future customer requirements by establishing rapport with potential and actual customers and other persons in a position to understand service requirements
    • Ensure availability of merchandise and services and maintain adequate inventories
    • Formulate pricing policies by reviewing merchandising activities; determining additional needed sales promotion; authorizing clearance sales; studying trends of the market.
    • Market merchandise by studying advertising, sales promotion and display plans; analyzing
    • Protect employees and customers by providing a safe and clean store environment
    • Maintain the stability and reputation of the store by complying with legal requirements
    • Determine marketing strategy changes by reviewing operating and financial statements and departmental sales records
    • Maintain professional and technical knowledge by attending educational workshops; reviewing professional publications; establishing personal networks; participating in professional societies
    • Contribute to team effort by accomplishing related results as needed
    • Maintain inventory by implementing purchasing plans and staying in contact with vendors and shippers
    • Develop a schedule of holiday activities and promotions throughout the year strategically designed to bring in more revenue
    • Provide training to improve the knowledge base of the staff and utilize cross-training methods to maintain productivity when employees are absent
    • Work with vendors and manufacturers to bring in effective marketing displays for the sales floor and store windows
    • Manage all controllable costs to keep operations profitable
    • Manage stock levels and make key decisions about stock control
    • Analyze sales figures and forecast future sales
    • Analyze and interpret trends to facilitate planning
    • Deal with staffing issues such as interviewing potential staff, conducting appraisals and performance reviews, as well as providing or organizing training and development
    • Ensure standards for quality, customer service and health and safety are met
    • Respond to customer complaints and comments
    • Organize special promotions, displays and events
    • Update colleagues on business performance, new initiatives and other pertinent issues
    • Tour the sales floor regularly, talking to colleagues and customers to identify or resolve urgent issues
    • Maintain awareness of market trends in the retail industry, understanding forthcoming customer initiatives and monitoring what local competitors are doing
    • Initiate changes to improve the business, e.g. revising opening hours to ensure the store can compete effectively in the local market

Keyskills :
shrinkage controlstore management

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