Head - Buying & Merchandising - Retail

Experience: 15-18 years of post-qualification experience in Buying & Merchandising

Role:

1. Ensuring effective merchandising planning

- Ensuring the creation of merchandising planning as per style size and store at SKU level for each sub brand

- Conducting sales analysis based on buying classification

2. Understand Customer preference

- Identify regional nuances and difference across channels by meeting customer and visiting stores

- Product benchmarking to understand the customer choices

3. Buying and Merchandise in line with brand revenues

- Evaluate options in term of styling, color and fit etc. to choose balanced mix catering to various consumer's taste

- Works closely with partners to fine tune best in industry software platforms

- Place procurements order as per planned requirement and ensuring the availability of finalized range by regular follow-up with SCM team

- Have a clear channel-wise product-wise merchandising plan and ensuring it's in line with consumer requirement.

4. Inventory Management

- Stock and sales planning in start of year

- Ensuring real time visibility into store and track inventory as per locations

- Managing the age and dormancy of stock by planning in store clearance sales

- Identify best seller and nonmoving product and change buying plan accordingly

- Determine the movement of inventory across channels and stores

- Determine timing and quantity of inventory to move into the warehouse as per the plan

- Single point for inventory planning and control

5. MIS & Product Movement Analysis

- Highlight trends early to EBO and Sales in order to minimize markdown and plan new collection

6. Team Management

- Set KPI'S for BnM Team member

- Assess skill Gaps, coach team and ensure training is provided for in line with needs

- Identify non-performer in team and workout performance improvement plans in consultation of HR.

- Delivers category margin

- Work closely with Brand & Supply chain teams in order to ensure order fulfillment and inventory goals.