Job Description

Job Title Assistant Planner

Description

. Maximise Sales and profitability for the department/category . Support in determining high-level financial goals including pre-season financial plans, in-season projections, open-to-buy management and new store budgets . Prepare and maintain department/category merchandise MIS analytics based on actual sales, sales forecasts, company order parameters, inventory checks, forth coming events, replenishment needs etc . Assist in the creation of merchandise plans for the category based on insights gained from merchandise analytics, customer preference, historical trends and future outlook projected by the buyer . Assist in discussing, deciding and freezing the department/category merchandise strategic plans around the following factors o Financials Sales, Stock, OTB, Margins, Forward Cover etc o Store Subgroub level Sales, Order Quantity, Allocation, Replenishment etc o Assortment Style, Price, Brand, Supplier etc . Communicate the merchandise strategic plan to buying team for necessary execution . Ensure effective in season management across territories (stock balancing, markdown management, stock analysis, stock vs sales performance) . Help review the merchandise plans on a periodic basis to ensure profit is maximized and maintained to reach target levels . Ensure that the standards of Merchandise procedures and Methodologies are maintained and kept Uniform . Ensure optimum category inventory levels are maintained at Concept/Territory keeping in mind store requirements as well as working capital constraints Category Promotions . Provide inputs on the expected margins, possible price points and other parameters for promotions within the product category . Help analyse the effectiveness of the promotions in achieving the targeted levels of sales and margins . Help analyse the existing stock levels and liaise with the Buying/VM/Marketing team for timely roll out of promotional campaigns to maintain the territory / warehouse inventory holding norms as well to achieve targeted sales . Ensure performance is monitored against plan for the assigned category/department, regularly supported by exception reporting . Ensure effective in season management of the assigned category/department through regular analysis and action planning across concept and territory, based on the performance around the following anchors Skills. Graduate degree from NIFT/ equivalent Fashion Institute or graduate degree in commerce or business administration . Masters degree in NIFT/ equivalent Fashion institute preferred . Experience: 1-2 years . Good knowledge of Merchandise planning and analytics . Good knowledge of Retail Industry and strong knowledge of retail maths . Planning and Organising skills . Problem solving & Analytical skills . Strong & Quick excel skills and good knowledge of MS office . Good expertise in handling BI/ MIS/ ERP systems

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