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Inventory Merchandising Analyst

Inventory Merchandising Analyst

Titan Company

0 - 3 years

2 - 6 Lacs

Bengaluru

Posted:3 days ago| Platform:

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Skills Required

supply chain logistics supply chain management inventory management inventory analysis warehouse management warehouse operations supply planning warehouse demand planning material management procurement material requirement planning

Work Mode

Work from Office

Job Type

Full Time

Job Description

Job
Inventory Merchandising Analyst Job TypeRegular/ Job CategoryMerchandising & Distribution DepartmentRetail Merchandising LocationBengaluru, Karnataka, India Overview Titan is a leading retail company in the fashion and lifestyle industry. We are looking for a highly motivated and detail-oriented Inventory Merchandising Analyst to join our team in Bengaluru, Karnataka, India. As an Inventory Merchandising Analyst, you will be responsible for managing and analyzing inventory levels to ensure optimal stock levels and product availability for our customers. Job Details To ensure compliance of stock norms and product mix for a store as per the intended design and coordinate with relevant stakeholders to drive smooth operations. Process Contributions: MerchandisingProduct Management

Create the list of SKUs that needs to be replaced at store level during a new product introduction and stop the replenishment of underperforming SKU\u2019s in coordination with the field teams.

Ensure effective roll out and compliance of schemes targeted towards stock liquidation of the slow-moving variants in the retail channel.

Develop and execute plans to sensitize regional teams to focus on slow moving stocks in stores.

Monitor SKU DBM recommendations and timely acceptance and rejections of SKU buffer changes in the Symphony Onebeat system.

MerchandisingProduct ManagementNew Product Placement

Analyse store level Historical Product performance and recommend Full Kit/Half Kit New product recommendation.

Conduct the new product display meets with franchisees to ensure product orders and in turn product penetration.

Monitor new product performance using DBM and initiate buffer increase or decrease.

Escalate misalignment in new product availability and work with the planning and distribution team to create and execute contingency plans.

MerchandisingProduct ManagementProduct Portfolio Management

Propose the best options of SKUs for every store adhering to the respective assortment norms.

Monitor DBM recommendations and the ageing of stocks in the stores to initiate buffer reduction or buffer kills in the systems for underperforming units.

Identify and create proposals for products to be retired based on feedbacks from the field teams and business associates.

Identify and create proposal for product retirement for slow moving stocks of sunglasses, fragrance and license brands based on feedbacks from the field teams and business associates and propose to enlist them in the best buy schemes.

MerchandisingInventory ManagementNorms Finalization

Create the store level assortment mix based on customer profile, store locations, model store mix, operating inventory investment etc. (including new stores considering investment limit, ROI projections as well as the store lay out).

MerchandisingInventory ManagementAlignment to Norms

Ensure compliance of the model stock norms by the company and franchisee stores and ensure quick corrections for non-compliance.

Work with the franchisee stores and make them a part of Auto-replenishment process.

Ensure maximum no of franchisee stores are on auto replenishment for the territory.

MerchandisingBrand Anchoring

Be the anchor for the designated brand. Liaison with product and brand teams of the respective brand to be the SPOC for any work/communication related to New products, stock availability, sales and stock performance, initiatives & projects pertaining to the brand.

MerchandisingMIS and Reports Anchoring

Anchor a set of reports pertaining to the territory with respect to stock alignment, sales performance, new product penetrations etc.

Maintain a log of queries and issues from franchisees and provide timely solution for the same.

Work Experience
EducationGraduate /MBA Relevant Experience0-3 years Behavioral Skills

Customer Centricity

Interpersonal Effectiveness

Delivers Results

Knowledge

Business acumen

Analytical ability

Vendor management

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Titan Company

Consumer Goods - Watches and Jewelry

Bangalore

6,000+ Employees

441 Jobs

Key People

C.K. Venkataraman

Managing Director
Bhaskar Bhat

Former Managing Director
Rajesh G. K. Rao

Chief Financial Officer

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Inventory Merchandising Analyst