Assistant Planner - Retail, Van Heusen

Job Purpose

Job Purpose Description

Job Purpose

Job Purpose Description

Job Context & Major Challenges

1. IT resources to support, evaluate and analyze buying decision are integral to any buying function. Timely availability of such resources is critical.
2. Implementing the science of planning in all our stores through continuous training due to lack of trained manpower and high attrition rates3. Standardization of various practices across stores

Key Result Areas KRA (Accountabilities) (Max 1325 Characters) Supporting Actions (Max 1325 Characters) KRA1 Inventory Management 1. Preparation of stock and sales plan in the beginning of the year. 2. Update and review of the plan periodically.3. Managing age and dormancy of stock by planning Instore clearance sales.4. Pull back non-moving merchandise KRA2 MIS & product movement analysis 1. Analyze movement of various sub brands, style wise, size wise etc. 2. Identify of non-moving merchandise and check for trends. 3. Ensuring ideal merchandise mix for every store. KRA3 Sales 1. Ensure the overall sales plan is met by periodic monitoring and taking corrective action with respect to space & product mix 2. Timely action on product performance to ensure discount is under budget. Monitor actual vs outflow on weekly basis to keep a track.3. Margin delivery by managing product performance and controlling markdowns4. Plan right store inventory depending on the demand and supply to ensure overall retail inventory turn is in line with the budget KRA4 Store Layout Planning 1. Creating the shopping zones in each store with the help of planograms and ensuring maximum returns from each square feet .2. Monitoring and analyzing the performance of each of these zones3. Maintaining and updating planograms as and when required KRA5 Sell Through 1. Plan right demand, get on time delivery and timely dispatch to ensure the overall lifecycle sell through2. Periodic monitoring of inventory with norm to ensure post EOSS return of season buy ins in line with the budget KRA6 Norms & optimization 1. Planning correct norms for store keeping the right DOC & sales potential of store