Head of Retail Planning

5 - 9 years

0 Lacs

Posted:1 month ago| Platform: Shine logo

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Work Mode

On-site

Job Type

Full Time

Job Description

As the Head of Retail Planning, you will play a crucial role in leading the retail planning function to drive sales growth, optimize inventory, and maximize profitability across all retail channels. Your responsibilities will include developing and executing strategic sales and inventory plans, forecasting demand, and collaborating closely with merchandising, supply chain, and finance teams to ensure alignment with business goals. Key Responsibilities: - Lead and manage the retail planning team to deliver accurate sales forecasts and inventory plans. - Develop and implement effective planning strategies to optimize stock levels, reduce markdowns, and maximize sell-through rates. - Collaborate with merchandising, buying, supply chain, and marketing teams to align inventory with sales and promotional plans. - Analyze historical sales data, market trends, and customer insights to drive forecasting accuracy. - Monitor and evaluate key performance indicators (KPIs) such as sales targets, stock turn, sell-through, and gross margin. - Oversee inventory replenishment processes and ensure timely allocation of stock across retail stores and channels. - Provide regular reports and insights to senior management to inform decision-making. - Manage budgets and financial planning related to retail inventory and sales. - Lead continuous improvement initiatives to enhance planning tools, processes, and systems. - Coach, mentor, and develop planning team members to build capabilities and improve performance. Qualifications Required: - Bachelor's degree in Business Administration, Retail Management, or related field. - Proven experience in retail planning, inventory management, and sales forecasting. - Strong analytical skills with the ability to interpret data and trends effectively. - Excellent communication and collaboration skills to work across multiple teams. - Proficiency in retail planning software and Microsoft Excel for data analysis. - Leadership experience in managing a team and driving performance goals. (Note: No additional details about the company were provided in the job description),

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