Assistant Merchandise Planning & Buying

Position Title- Assistant Merchandise Planning & Buying

Jewelry (LGD & GOLD)

B&M

Full

Merchandise Planning & Buying

Palmonas

Purpose of the role:

To craft and plan the right product/ merchandise mix for regional markets, driving category and merchandising initiatives in stores and ensuring enhanced delivery of merchandising metrics (Category and Inventory) for their markets especially through effective store and regional interventions - impact to be seen across jewellery profitable category share, inventory turn, stock aging and effective working capital management.

Detailed Responsibility:

- Determining the optimum stock levels, variant mix, width and depth of stock for each store.

- Configuring a back-end for replenishment.

- Monitor the weekly position on sale and stock and replenishing each store.

- Replenishment plan for each store from the bin, indenting for the bin and monitoring the same.

- Review the assortment every quarter taking into account new product introductions for the new quarter, sales trends of the immediate past and qualitative feedback from each store.

- Preparing reports at regular intervals as required.

- Tracking gross margins delivery as per plan.

- Implementation of new tools

- Travel required based upon business needs.

Key Competencies:

Behavioral Competencies:

1. Topline of stores.

2. Product mix sold Vs plan.

3. Stock turn.

4. Allocation & Replenishment

Experience:

Mandatory: 3 - 4 Years

Desirable: 3 + Years

Educational Qualification:

Mandatory: NIFT/MBA/PEARL

Desirable: NIFT/MBA/PEARL