Job Title : Manager - Retail Planning
Job Purpose :
- Retail planner advises retail stores on all aspects of strategy, planning and development to maximize sales.
- Retail planners use sales information to forecast the best products to sell and next possible trends.
- He\she works towards converting inventory to sales in the least possible time.
Job Responsibilities :
- Create business strategy - product and pricing strategy in conjunction with business head.
- Work on Buy plan\OTB plans based on business projections.
- Analyzes actual sales to plan, to monitor progress of product line across stores and establish current and future trends.
- Assign base stock, category-wise for each store, based on past trends and ensure each category is adequately represented at each store at all times.
- Analyze market and delivery systems to assess present and future material availability.
- Liaise with the buyer, store teams and logistics to ensure products are on the move - to meet the sales targets.
- Generate and analyze inventory and sales reports.
- Provide feedback on inventory health at various stores; circulate periodic reports like sell through, top sellers, slow movers, size set availability etc.
- Build incentive plans for store teams - depending on prices, product and push strategy.
The people I need to work with Within function :
- Buyer\Merchandiser
- Retail Ops Manager
- Business Manager
- Business Head
- Store Managers\FCs Outside function
- Logistics team
- Finance team
- Training team
- Cartesian
- CRM
Experience : Minimum 5-10 years of experience of handling multiple store in fashion\premium\luxury segment with ability to :
- Analyze market and delivery systems to assess present and future material availability.
- Ability to mobilize inventory to sales across stores.
- Liaise with the buyer, store teams and logistics to ensure products are on the move - to meet the sales targets.
- Prepare reports regarding market conditions and merchandise costs.
- Demonstrate strong business understanding with flair for fashion retailing.
- Ability to communicate effectively and influence buying decisions.
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