Job Description

Job Objectives: The job holder will be responsible for merchandise planning process to achieve department /category sales, margin, stockholding and flow objectives under the guidance of Head Merchandise Planning Roles & Responsibilities: Merchandise & Financial Planning: . Maximize Safes and profitability for the department/category . Support in determining high-level financial goals including preseason financial plans, in-season projections, open-to-buy management and new store budgets . 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, Markdown, Forward Cover etc. o Store . Category/Brand 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 . Adhering to the SOPs laid down by the management . Custodians of planning applications (RPAS, Oracal) tools, procedures and methodologies Inventory Stock Optimization: . Ensure optimum category inventory levels are m maintained at Concept/Territory for seasonal/year end merchandise capital constraints . Ensuring that no category stock outs occur on account of any discrepancy on part of merchandise planning . To meet the desired inventory levels and monitor them at all times. . Ensure excess category inventory is not maintained at the warehouses or the stores and there is proper adherence to the concept/territory ageing policy

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 coordinate 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 promotional and clearance activity is phased in line with agreed targets and markdown strategy to achieve profit potential and meet clearance stock targets In-season Management . 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 o Sales vs. Stock o Inflows/OTB o Stock analysis o Margin analysis o Sell through analysis o Mark down Management People Management (ln case applicable) . Monitor trainee development and facilitate complaint resolution . Oversee team deployment and drive motivation levels of the trainees As per JD Schedule: Full-time Shift: Day Job Travel: