Alamat
Bentuk pekerjaan Determines high-level financial goals including pre-season financial plans, in-season projections, open-to-buy management and new store budgets
Analyses and monitors merchandise planning MIS analytics based on actual sales, sales forecasts, company order parameters, inventory checks, forth coming events, replenishment needs etc.
Formulates and communicates the merchandise strategic plan to buying team for necessary execution
Develops merchandise plans for all brand/categories based on insights gained from analytics, customer preference, historical trends and future outlook projected by the buyer
Discusses, decides and monitors the strategic plans around the following factors: Financials, Sales, Stock, OTB, Margins, Forward Cover, Order Quantity, Allocation, Replenishment etc.
Communicates the plans to buying team for necessary execution and ensures effective in-season management across stores/areas (stock balancing, markdown management, stock analysis, stock vs sales performance)
Reviews the merchandise plans on a periodic basis to ensure profit is maximized and maintained to reach target levels
Ensures optimum inventory levels are maintained for each brand/category, keeping in mind store requirements as well as working capital constraints
Ensures that no instances of stock outs occur on account of any discrepancy on part of planning
Ensures excess inventory is not maintained at the warehouses or the stores and there is proper adherence to the Business Unit’s policies and procedures
Ensures proper coordination with the store managers and distribution centers to ensure that the goods are delivered to respective stores as per the requested quantities and agreed timelines
Manages and updates replenishment parameters by location, store volume group as needed within season, communicates with buying function regarding inventory/replenishment as needed
Ensures identification of obsolete/slow moving stock and obtain management approval on markdowns and pr
