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Job Description
- 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
- 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 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
- Consolidation of stocks between shops on weekly basis based on the sales & broken lines. Analyse the slow movement items in consultation with dept. staff & advice for corrective action
Job Requirements
- 1 : 3 years of experience in data analysis and stock control
- University degree in any discipline
- Understanding Retail operations
- Product Knowledge
- Analytical Skills
- Good computer knowledge
- Excellent interpersonal skills
- Problem analysis and decision-making
- Planning, leading, organizing and prioritizing
- Good communication and report writing skills
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