Senior Associate Planning & Trading LFR

Puma

1 - 5 years

10 - 12 Lacs

bengaluru

Posted:6 hours ago| Platform:

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Skills Required

retail planning inventory management inventory planning demand planning demand forecasting

Work Mode

Work from Office

Job Type

Full Time

Job Description

Job title:

Location:

Position Summary:

It requires a strong analytical mindset, effective cross-functional collaboration, and a deep understanding of retail dynamics to ensure accurate forecasting, optimal stock availability, and the achievement of sales and margin targets.

Key Objectives:

Demand Planning & Sales Enablement
Demand Forecasting:
Develop monthly sales targets at the store level, along with detailed day wise phasing of monthly targets for the Department Stores (i.e., Large Format Retail), Multi-Brand Regional Accounts (i.e., Shop-in-Shop)
Rolling Forecasts:
Prepare monthly and quarterly rolling forecasts.
Sales Achievement:
Monitor progress against sales targets and proactively adjust promotional strategies as needed. Collaborate closely with the retail sales and Trading team to identify operational gaps and implement corrective actions.
Performance Monitoring:
Track daily business performance and profitability through key performance indicators (KPIs).
Promotion Planning:
Plan, track, and maintain the promotion calendar; conduct post-promotion analysis.
Markdown Management:
Design data-backed promotional offers that balance revenue, profitability and inventory turnover objectives. Partner with the sales team to communicate and execute in-store promotions, customize offers/promos by location and align display.

Inventory Management

Buy Budget Estimation:
Estimate buy budgets for future seasons for LFR and SIS channels. Track Open-To-Buy orders in the system based on the latest sales plan.
Stock Cover:
Maintain optimal stock cover at stores to ensure availability and minimize overstock.
Returns Management:
Estimate and track returns (both in-season and post-season) from stores to the warehouse.
Warehouse Outwards:
Estimate monthly warehouse-to-store stock movements.
Plan Monthly and Yearly sales targets and estimate buy budgets for the Outright Distribution Business.

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