Assistant Planner
Job Description
Job Description
. Maximise 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
o Financials
Sales, Stock, OTB, Margins, Forward Cover etc
o Store
Subgroub level Sales, Order Quantity, Allocation, Replenishment etc
o 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
Category Promotions
. Provide inputs on the expected margins, possible price points and other parameters for promotions within the product category
. Help analyse the effectiveness of the promotions in achieving the targeted levels of sales and margins
. Help analyse the existing stock levels and liaise with the Buying/VM/Marketing team for timely roll out of promotional campaigns to maintain the territory / warehouse inventory holding norms as well to achieve targeted sales
. Ensure performance is monitored against plan for the assigned category/department, regularly supported by exception reporting
. Ensure effective in season management of the assigned category/department through regular analysis and action planning across concept and territory, based on the performance around the following anchors
Skills
. Graduate degree from NIFT/ equivalent Fashion Institute or graduate degree in commerce or business administration
. Masters degree in NIFT/ equivalent Fashion institute preferred
. Experience: 1-2 years
. Good knowledge of Merchandise planning and analytics
. Good knowledge of Retail Industry and strong knowledge of retail maths
. Planning and Organising skills
. Problem solving & Analytical skills
. Strong & Quick excel skills and good knowledge of MS office
. Good expertise in handling BI/ MIS/ ERP systems
Job Details
Employment Types:
Full time
Industry:
Retailing
Function:
Merchandising & Planning / Category Management , Architecture / Interior Design
Roles:
Town Planner
