Posted By
Posted in
SCM & Operations
Job Code
1405342
Job Title: Merchandise Planning Manager:
This year, Burgundy Brand Collective will be launching a leading luxury kidswear brand in India. The Merchandise Planning Manager will play an important role in establishing the brand and its success in India. The role will suit a highly entrepreneurial Merchandiser with exceptional experience in fashion merchandising in India.
The Merchandise Planning Manager will use a data-driven approach to optimize sales, margin and inventory in an omnichannel environment. They will forecast future seasonal demand at category - subcategory level for each region, maximize sell-thru in-season by collaborating with key internal and external stakeholders.
Responsibilities:
- Define the sales plan and OTB for a retail and e-commerce luxury kidswear business.
- Develop the merchandise strategy, using data-driven input from sales trends, market conditions and supplier demands to drive profitable decision-making.
- Develop and provide buying with category assortment recommendations plans and sizing analysis by channel and sell-through reports at SKU Level by stores which are aligned with the merchandise strategy and proactively suggest improvements to optimize revenue and profitability through what-if scenarios.
- Monitor inventory aging and recommend actions on markdowns and liquidation to achieve inventory targets considering Category and Brand identity.
- Drive pricing strategy and plan seasonal markdowns by item to maximize sales and gross margin in collaboration with Buying and Retail.
- Assess and highlight risks and opportunities on sales, gross margin and inventory, based on supply or demand gaps, recommending possible solutions.
- Re-plan business in-season based on latest performance and present it to management with recommendations.
- Monitor inventory mix in each location and recommend seasonal stock transfers, if needed, in order to boost sales.
- Developing relations with brand partners and managing day-to-day queries and liaising.
Skills and experience required:
- 6+ years of experience in planning in Fashion Retail and/or accessories.
- Highly analytical and data-driven working comfortably with quantitative figures.
- Advanced knowledge of Excel and MS Office and planning tools.
- Experience in forecasting, merchandise planning, allocation, replenishment and financial planning processes and systems.
- Commercially minded problem-solver with a proven track record of delivering financial targets.
- Strong stakeholder management, aiming for a win-win solution.
- Excellent communication, influencing and presentation skills.
- Knowledge of retail & fashion business.
- Communicate candidly and value open debate to ensure the best ideas come to life, collaborating with stakeholders.
- A self-starter who can take a high level of ownership and can work in a new business environment.
- Process-oriented with an ability to build robust systems and processes
- Strong English communication skills.
- Kidswear and accessory merchandise planning experience is advantageous. Retail merchandising experience is mandatory.
Location: Mumbai (HO)
Reporting Manager: Business Head and or Director.
About us:
Didn’t find the job appropriate? Report this Job
Posted By
Posted in
SCM & Operations
Job Code
1405342