Merchandising & Planning Role - Retail

Location: Delhi NCR

Budget: 20 LPA

International Mono brands Experience is only preferred.

Reports To Country Manager, India

Outcome Statement:

1. OTB planning & Inventory Management

2. FPST & overall Sell Thru target achievement

3. Regular analytical reviews & reporting

4. Achieve Required Gross Margin Targets

Key Responsibilities:

- OTB (Open To Buy) (Inventory Management Strategy) planning & development and assortment plan for stores.

- Develop retail merchandising plans for different mono brand inline stores (online/ B&M Stores/ Shop in Shops) based on company and organizational priorities.

- Ensure the realized margin target for the categories & stores are met and per square foot profitability is measured and always maintained in B&M Stores.

- Category Establishment: Category establishment focusing a developing an Apt Category Mix per store per channel.

- Financial Plan: Develop and Drive the periodic financial Plan for the Store & Category.

- Constant review on the same.

- Ensure achievement of Budget and LFL (like-for-like) growth for stores and categories.

- Managing inventory levels of categories at the store.

- Ensure alignment to Global & Regional DTC store as well as online assortments.

- Lead DTC Sell In along with Retail Teams and ensure orders from partners are received as per targets aligned internally.

- Review of Season performance- Achievement VS Plan, Sell-In Analysis, Sell through Analysis, Category Performance and Product Performance.

- In Season Reports & Analysis and support in action plans (Sell-through analysis/ Inventory holding/ Liquidation plan/ at once sales push from existing inventory for Carry over and NPIs/Pricing).

- Ensure desired first price sell-thru for each categories for each season and effective markdown management for the stores in a season.

- Ensure adequate mix of merchandise at the stores as per the set guidelines, with special focus on the availability of Core products at all times on the shop floor.

- Launching of new products and categories at the stores and ensure timely replenishment. Regularly perform inter-store consolidations to maximize sell-thru.

- Coordination and liaising with Product team.

- Weekly preparation and review of reports with product and retail team and plan out action plan to rectify concern areas.

Individual Attributes:

- 5+ years' experience planning & merchandising

- Retail / Wholesale experience in similar industry

- Strong excel & PPT skills

- High level of organizational & administrative skills

- Is a determined self-starter

- Strong Financial analytical, research skills

- Ability to manage upwards