Maximize 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

Financials

- Sales, Stock, OTB, Margins, Forward Cover etc

Store

- Subgroub level Sales, Order Quantity, Allocation, Replenishment etc

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

- Ensure optimum category inventory levels are maintained at Concept/Territory keeping in mind store requirements as well as working capital constraints

Key Skills:

Graduate degree in commerce or business administration/ NIFT or equivalent

- Post Graduate degree in Business Administration / Diploma in - Retail discipline

- Minimum Experience: 8-13 years

Salary:INR 4000000 - 4200000

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