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Senior Retail Planner/Merchandise Planner | E-Store for Apparels & Handicrafts

3.00 to 8.00 Years   Delhi   16 Nov, 2023
Job LocationDelhi
EducationNot Mentioned
SalaryNot Disclosed
IndustryInternet / E-Commerce
Functional AreaMerchandising / Sourcing
EmploymentTypeFull-time

Job Description

    Our client is an online platform where one can buy exclusive range of handcrafted clothing and accessories, home decor and more. Their textiles and designs range from Patola, Kalamkari, Banarasi, South silk, cotton, Lucknowi and many more, each that celebrates Indian-ness with an eclectic vibe. The quality of every product is unmatched, apart from being sophisticated and subtle at the same time.They provide a platform to new and upcoming designers, giving a chance to age-old craftsmen and artisans to showcase their products and designs to an international market. Founded by an engineer, with a passion for Indian handicrafts and dedication towards creating and curating vintage quality products.As the Senior Retail Planner/Merchandise Planner, you will be responsible for maintaining and managing optimal inventory levels, ensuring the availability of saleable and non-saleable products, and maximizing sales across various channels. You will be collaborating with cross-functional teams, conducting detailed inventory analysis, and employing strong analytical skills to drive business growth.What you will do:Inventory Management: Reviewing and analyzing inventory on an ongoing basis. Setting and adjusting inventory thresholds to optimize stock levels.Sales & Inventory Analysis: Performing sales and inventory analysis to meet business plan numbers. Identifying and forecasting lost sales opportunities due to out-of-stock items. Generating detailed reports on stock positions and sales trends.Product Management: Placing opening orders for new products and bestsellers. Providing demand planning and order projections to support purchasing decisions. Proposing sales and liquidation strategies for overstock items.Cross-Functional Collaboration: Collaborating closely with marketing and pricing teams to ensure optimum inventory levels. Working with e-commerce, customer service, and marketing departments to align inventory strategies. Communicating estimated time of arrival (ETA) on inventory status and backorders.Information and Data Integrity: Identifying and resolving informational and inventory discrepancies. Maintaining data accuracy and consistency in inventory management systems.Sales Maximization: Maximize sales and sell-through across different channels. Analyzing sales data to provide reports and proposals for driving future sales growth.Catalog Management: Reviewing the size-wise availability of the product catalog and take necessary actions to ensure a balanced assortment.In-Season Sales Projection: Projecting in-season sales and track open-to-buy purchase budgets. Visual Merchandising Support: Collaborating with the Visual Merchandising team to ensure maximum sell-through on the website.What you need to have:Bachelors degree in Business Administration, Supply Chain Management, or a related field. Experience in the fashion industry is a plus. Strong analytical skills and attention to detail. Experience in demand planning and inventory management. Excellent communication skills to work effectively with cross-functional teams. Prior experience in retail operations. Proficiency in Advanced Excel Functions, Pivot Tables, and MIS reporting.

Keyskills :
merchandisinginventory management

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