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, forthcoming events, replenishment needs, etc.
Formulates and communicates the merchandise strategic plan to buying team for necessary execution.
Develop 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 the buying team for necessary execution and ensures effective in-season management across stores/areas (stock balancing, markdown management, stock analysis, stock vs sales performance).
Review the merchandise plans periodically 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 stockouts occur on account of any discrepancy on the 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, and store volume group as needed within a season, communicates with buying function regarding inventory/replenishment as needed.
Ensures identification of obsolete/slow-moving stock and obtains management approval on markdowns and pr
