Merchandising Executive-Category

5 - 10 years

10 - 13 Lacs

Posted:2 months ago| Platform: Naukri logo

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Job Type

Full Time

Job Description

 Job  
 MerchandisingInventory managementNorms finalization 
  • Create the Norming for both Category Level and Boutique level split based on the final Sales target shared by the Category and Retail Team
  • Using Scientific method, Develop Assortment Plan with Minimum Range and Norms at store level Based on Sales Plan and Turn Targets
  • Cascade the Norms to the respective Category team and incorporate the changes and then cascade to Retail team and ensure deployment of the same in One beat.
  • For New Stores and the online channels, arrive at Boutique Level and Category level norms based on Approved ROI and in discussion with the category team.

  •  MerchandisingAssortment Planning for Existing, New Stores 
  • Assortment planning for maximizing sales and support key category initiatives.
  • Analyse the sales data and Prepare SKU Classification and finalize the SKU Best seller list & Regional Products list based on existing process.
  • Prepare Model Stock for existing stores and new stores as per the finalized Norms with the best sellers.
  • First Indent placement of new stores well in advance for new stores to ensure availability of stocks during store launch
  • Ensure Enough coverage of MS are available against the Norms and timely intimation of Low allowance to category team for New Product Development.

  •  MerchandisingStock Turn & Demand Planning 
  • Timely Intervention of Stocks in Special Intervention stores and allocation of Key Categories in certain markets and websites to leverage the Potential Sales opportunity.
  • Coordinate with Central Inventory team in understanding the Excess/Shortfall against the Set Norms and Plan for Indent Placement of Products in liaison with category team with sufficient coverage planning.
  • Seasonal planning to be done well in advance and adequate indents are placed for the Group Categories.

  •  MerchandisingAlignment 
  • Ensure Alignment of Stocks on a Boutique Category Price band level based on the Agreed Norms by,
  • Ensuring Daily allocation of stocks by maximizing systemized allocations through One-beat based on Gaps in the boutiques and websites and priority stores.
  • Ensure Bestsellers, regional must haves and New Products are continuously available in stores and websites for sales

  •  MerchandisingRedistribution & Tail Rotation 
  • Ensure all aged stocks are rotated on a Timely basis to high potential stores as per Rotation Policy
  • Coordinate with Region teams to ensure timely completion of all recalls and Rotation.
  • Identify Dud/Sludge variants and recommend it for melting to the Inventory and category team.
  • Reduce the aging of Stocks at the Central

  •  MerchandisingProduct ManagementProduct Portfolio Management 
  • Provide support to manage the entire product lifecycle from inception to product retiral.
  • Provide inputs on range expansion within a collection.
  • Collate the BBPM performance evaluations for all vendor returns
  • Provide Tagging recommendations of new products in One beat for continuous replenishment
  • Identify new dedicated product library to consume slow moving inventory to improve operational efficiency.

  •  MerchandisingProduct ManagementNew Product Assortment Planning 
  • Based on the Inputs from the Category Team and the Process laid out, create the Assortment plan for New Products with ensuring maximum availability of all AD variants.
  • Ensure availability of new products in stores well in advance by coordinating with Central Inventory Team and SCM Team
  • Post the campaign launch, Analyse the sales data, and identify the potential best sellers and dud stocks and take appropriate actions by discussing with Category tea
  • Ensure timely deactivation of all Dud Stocks from the system to prevent any indenting

  •  MerchandisingProcess Improvements 
  • Coordinate with One beat and Internal analytics team to improve the existing Process with automations.
  • PLM for the Group and ensure timely intimation of all concerns to the category team
  • Support for all best deal offers
  • Coordinate with Central Inventory team for setting up Inventory Processes

  •  MerchandisingLiaison with Retail Team 
  • Store visits to understand the performance of store, key categories performance, identifying issues faced with merchandise and providing resolution on the same
  • Faster resolution of queries/requirements from the store teams
  • Execution of projects/pilot experiments pertaining to assortment planning, improving store profitability metrics such as Stock Turn, AMC realisation and Studded share enhancement

  •  Work Experience  
  • The potential candidate should have not more than 5 years of work experience. Preferably having worked in Retail/CPG sector, but not a necessary condition.
  • Related areas of experienceBuying, Merchandising, Category Management, Assortment planning, Range Planning, Category Management.
  • Ability to work on excel is a must have skill for this role.

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