Lead Planning Studded

Essential Duties And Responsibilities

• Formulate group Category
• Formulate store & Central buffer ordering strategy to mitigate risks and categories to maximize sales & profitability.
• Build strong cross functional coordination to ensure accurate sales, Indent plans and maximum profitability.
• Inventory Budgeting, Management & Control
• Formulate Inventory Budget requirement for the category group for the year, months and seasons.
• Ensure collections inventory plan is part of annual inventory.
• Store level Inventory budgets and as performance.
• Adjust the Inventory as per sales trends .
• Ensure effective Sales and Indent Planning
• Direct the planning process from sales plan, Indent plan till inventory management.
• Direct team to build Category wise and Store wise Model Stock plan taking in account key inputs of past trends, Category price point turns and seasonality.
• Direct team to build define Store wise sales plan based on key inputs like target SSPD and growth plans .
• Facilitate close monitoring of sales for Stores, categories price points and intervene with necessary interventions in production incase of deviations .
• Lead and facilitate accurate Indent plans/projections through close monitoring of sales and foreseeing risks .
• Work collaboratively with cross functional teams to ensure close adherence to Indent plans and guide team in case of exceptions .
• Oversee timelines and quantities of inventories are adhered to and produced as per stock plan .
• Ensure planning for production and warehouse capacity along with category wise phasing and GRN date finalizatio n.
• Oversee and ensure OTB and Indent Plan closure through a month wise intake plan, finalized SKUs and buy quantity as per timelines .
• Create Model Stock as per margin objectives
• Liasoning with category team to finalize Model Stock and Range Plan to ensure minimum deviation from realized margins .
• Guiding team to ensure final margins are as per category margin targets .
• Process Institutionalization and Management
• Develop metrics, tools, and processes to analyze sales data more effectively for accurate projections .
• Develop and implement protocols and practices to ensure effectiveness and efficiency of strategic initiatives .
• Review business calendar to ensure timelines budgeted for activities are not compromised .
• Guide team to provide inputs for key processes like dispatch of goods from warehouse .
• Ensure timely and accurate product Universe and PR & PO management by team .
• Monitor weekly performance and delivery against commitments .
• Analyze critical milestones in, establish priorities and ensure smooth workflow through appropriate interventions with cross functional teams.
• Ensuring proactive and effective team development & management
• Identifying training needs, development planning and grooming talent within department .
• Setting clear performance expectations and providing constructive feedback to the team on a regular basis.
• To maintain an employee connect with the team, seeking feedback from the team regularly .
  

Critical Competencies For Success

• Tactical Planning: Ability to formulate category-level inventory and sales strategies aligned with business goals.
• Analytical Acumen: Expertise in interpreting sales trends, forecasting, and adjusting plans proactively.
• Process Excellence: Skill in institutionalizing planning processes, tools, and metrics for efficiency.
• Cross-Functional Collaboration: Strong capability to coordinate with multiple teams for seamless execution.
• Leadership & Team Development: Proven ability to lead, mentor, and build high-performing planning teams.
• Decision-Making Under Uncertainty: Ability to foresee risks and implement corrective actions swiftly.
  

• E ducation: Graduate/Postgraduate in Business Management, Retail Management, or related field. MBA preferred.
• Experience: 10+ years in Merchandising Planning or Inventory Management within jewellery or luxury retail.
• Industry Knowledge: Deep understanding of jewellery categories (gold, diamond, bridal, essential wear), pricing strategies, and seasonality.
• Detail-oriented and proactive.