3 - 5 years

3 - 6 Lacs

Bengaluru Karnataka India

Posted:7 months ago

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Job Description

Merchandise Assortment Planning

  • Assist in creating merchandise assortment plans for all stores aligned with sales targets
  • Develop buying plans for assigned categories including Option plans and depth analysis
  • Set Average Retail Price (ARP) targets for product categories
  • Formulate Stock to Sale plans for the season including EOM (End of Month) and BOM (Beginning of Month)
  • Calculate Open to Buy (OTB) to ensure optimal inventory levels

Monthly Target Setting & Performance Analysis

  • Provide inputs for setting monthly targets by breaking them down into product categories
  • Track target versus achievement metrics regularly
  • Prepare merchandise plan reports and analyze product performance at a Look-to-Look (Lk2Lk) level

Inventory Management & Tracking

  • Ensure ideal stock cover is maintained for each product category
  • Monitor and manage dormancy and pullback within defined norms
  • Generate weekly sell-through reports and photo sell-through reports for sales tracking

Stock & Sale Planning

  • Formulate product category-wise dispatch plans and monitor planned vs actual dispatches
  • Develop allocation plans for stores based on dispatch plans and size-wise analysis
  • Track allocation against actual dispatches to ensure accuracy

Market Intelligence & Competitive Analysis

  • Keep track of new launches including competitor products, windows, and schemes
  • Conduct competition mapping to inform merchandise strategies
  • Support training initiatives related to merchandise, product, and visual merchandising (VM)

Core Business Contribution Monitoring

  • Monitor and analyze category contribution percentage to overall business on a Look-to-Look basis
  • Identify and recommend new designs for addition to the category

Retail Design Brief Creation

  • Assist in creating retail design briefs for option grids incorporating learnings from past seasons

Integrated Go To Market (IGTM) Planning

  • Collaborate with VM and design teams for successful IGTM planning
  • Coordinate dressing up key stores and rollout of IGTM initiatives across multiple stores

Space Planning Integration

  • Work closely with retail planners to monitor returns and performance from allocated retail space

Skills Required

merchandise planning assortment planning buying plan arp setting stock to sale planning otb calculation

Work Mode

On-site

Job Type

Full Time

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