Key Result Areas
Supporting Actions
Assisting Buyer in the selecting & sourcing of Merchandise assortment/mix for GL stores
- Create appropriate buying plan for assigned category as per Sales targets for GL stores Updating Order Master.
- Create Purchase Orders (POs), review Order Confirmation (OCs) and track the progress of orders to ensure on-time delivery.
- Creating in season express orders on a need basis.
- Set ARP targets for product categories
- Create Option plan and conduct depth analysis
- Formulate Stock to Sale plan for a season EOM / BOM
- OTB calculation
Collaborating with brands
- Collaborate with brands to negotiate pricing, terms & delivery schedules to achieve best value Order Confirmation Management.
- Build positive long-term relationships with brands
Tracking Stock Management
- Plan, monitor & maintain Ideal stock cover for each product category in stores.
- Plan for inter-store transfers to achieve maximum value (AMM).
- Fill rate management.
- Ensure timely online availability of stock.
- Dormancy within specified norms
- Pullback within specified norms
- Sell thru reports on Excel for Week1, week2 sales
- Photo Sell Through report
Information/Data Management
- Timely Updating Brand Catalogues.
- Updating UDA & BNF in style masters.
- Updating Brand sell-through reports.
- Creating top seller bottom seller reports.
- Preparing Sell-through reviews & department reviews.
Provide inputs for Monthly Target setting in each category
- Breaking up of Monthly targets into product category
- Target Vs achievement
- Merchandise plan report
- Product performance Lk2Lk
Being a custodian in formulating the Stock & sale plan
- Product category wise dispatch plan
- Planned Vs actual
- Allocation plan for each store as per dispatch plan and size wise analysis
- Tracking allocation vs. actual dispatches
Market Intelligence
- New launches (competition product / window / schemes)
- Competition Mapping
- Training (Merchandise, Product & VM related)
Track the Core Business Contribution
- Monitoring to enhance the category contribution % of total business of LTL basis
- Identifying new designs to be added to this category
Help in creation of Retail Design Brief
- Designing a retail brief to design option grid & learning of past season
Integrated Go To Market (IGTM)
- Planning for a successful IGTM story along with VM and design
- Dressing up one key store for the look
- Roll out across stores
Integration with space planning
- Working in close co-ordination with retail planner to closely monitor returns from space allocated