Posted By
Posted in
Sales & Marketing
Job Code
621276
Job Description
1. Merchandise Financial, Strategic and Assortment Planning
- Maximise Sales and profitability for the Concept.
- Detailed assortment planning (Range width Plan)
- Determine high-level financial goals including pre-season financial plans, in-season projections, open-to-buy management and new store budgets
- Prepare and monitor Concept merchandise MIS analytics based on actual sales, sales forecasts, company order parameters, inventory checks, forth coming events, replenishment needs etc
- Ensure creation of merchandise plans for all department/category based on insights gained from merchandise analytics, customer preference, historical trends and future outlook projected by the Channels
- Discuss, decide and freeze the concept merchandise strategic plans around the following factors - Financials, Store, Assortment
- Communicate the merchandise strategic plan to Sourcing team for necessary execution
- Ensure effective in season management across territories (stock balancing, markdown management,stock analysis, stock vs sales performance)
- Review the merchandise plans on a periodic basis to ensure profit is maximized and maintained to reach target levels
- Ensure that the standards of Merchandise procedures and Methodologies are maintained and kept uniform
- Keep abreast of the latest trends in Merchandise Planning and discuss the same with the Sourcing & PD-Manager from time to time to assess alignment / realignment of existing processes
2. Inventory Stock Optimization
3.Category Promotions
- Provide inputs on the expected margins, possible price points and other parameters for promotions within the product category
- Analyse the effectiveness of the promotions in achieving the targeted levels of sales and margins
- Analyse the existing stock levels and liaise with the Marketing/VM/Buying team for timely roll out of promotional campaigns to maintain the territory / warehouse inventory holding norms as well to achieve targeted sales
Inseason Management
- Ensure effective inseason management through regular analysis and action planning across concept and territory based on the performance around the following anchors
- Sales vs Stock
- Inflows/OTB
- Stock analysis
- Stock balancing
- Margin analysis
- Communicate and facilitate action to be taken on out of line situations with Channel Heads/Territory/State Managers
- Visit territories and stores to be abreast with product performance and trends
- Monitor, Manage and Improvise Planning MIS
- Ensure adequate merchandise performance
4. People Management
Looking for candidates from Home textile/ Home furnishing/ Apparels background.
Didn’t find the job appropriate? Report this Job
Posted By
Posted in
Sales & Marketing
Job Code
621276