Retail Planning Head

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 a Retail Planning Manager, you will be responsible for developing and implementing comprehensive strategies to drive sales, profitability, and operational efficiency in the retail sector. Your primary focus will be on aligning retail plans with overall business and financial goals to ensure optimal resource utilization. You will lead cross-functional collaboration between buying, merchandising, and store operations teams to seamlessly execute retail strategies. Additionally, you will create and manage accurate sales forecasts, utilizing advanced forecasting models to predict demand and adjust plans for seasonal trends and promotional events. Regularly reviewing sales performance against targets will be crucial in providing corrective actions as needed. In terms of inventory and assortment planning, you will oversee the development of inventory plans that align with store needs, optimize stock levels, and ensure efficient stock turnover. Furthermore, you will lead the planning of product assortment strategies by store and region to maximize sales and profitability while monitoring and managing product life cycles effectively. Ensuring timely and accurate allocation of stock to stores and warehouses based on demand forecasts and sales trends will be a key aspect of your role. Collaborating with logistics and operations teams to optimize the replenishment process and implementing strategies for inventory control across multiple retail channels will also be essential. Communication and collaboration will be vital as you work with marketing and merchandising teams to align promotional plans and product launches with retail operations. Maintaining strong relationships with store managers and effectively communicating with senior leadership to ensure alignment on business objectives and reporting metrics will be critical. Moreover, as a leader, you will mentor and develop the retail planning team, setting clear goals and providing guidance on best practices. By fostering a culture of continuous improvement and encouraging innovation, you will drive the team towards improved planning accuracy and efficiency through the use of new technologies.,

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