Job Description
Base Location: Bangalore
Minimum Qualification: Graduate and Above
Preferred Experience: 3 to 6 Years of relevant experience
Preferred Industry: Retail, Textile & Apparel
Key Result Areas
Inventory Management
- Preparation of stock and sales plan in the beginning of the year.
- Update and review of the plan periodically.
- Managing age and dormancy of stock by planning Instore clearance sales.
- Pull back non-moving merchandise
MIS & product movement analysis
- Analyze movement of various sub brands, style wise, size wise etc.
- Identify of non-moving merchandise and check for trends.
- Ensuring ideal merchandise mix for every store.
- Ensure the overall sales plan is met by periodic monitoring and taking corrective action with respect to space & product mix
Sales
- Timely action on product performance to ensure discount is under budget. Monitor actual vs outflow on weekly basis to keep a track.
- Margin delivery by managing product performance and controlling markdowns
- Plan right store inventory depending on the demand and supply to ensure overall retail inventory turn is in line with the budget
Store layout and planning
- Creating the shopping zones in each store with the help of planograms and ensuring maximum returns from each square feet .
- Monitoring and analyzing the performance of each of these zones
- Maintaining and updating planograms as and when required
Sell Through
- Plan right demand, get on time delivery and timely dispatch to ensure the overall lifecycle sell through
- Periodic monitoring of inventory with norm to ensure post EOSS return of season buy ins in line with the budget
Norms & optimization
- Planning correct norms for store keeping the right DOC & sales potential of store
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