We are looking forward this candidate for an very renowned Retail Group into Fashion Apparel.  
    Post : Merchandise Planner

    Job 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 
    Inventory Stock Optimization 

    Ensure optimum category inventory levels are maintained at Concept/Territory keeping in mind store requirements as well as working capital constraints 
    Ensure that no instances of category stock outs occur on account of any discrepancy on part of merchandise planning 
    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 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 
    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 Stock balancing 
    o Margin analysis


    Margin & Stock Management 
    Promotional Financial Planning 
    Pre-empt customer satisfaction based on strategic decisions 
    Merchandise Control 
    Coordination with Buying 
    Team engagement

    Recruiter Name:Deepa Sachdev/ Anjna

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