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Head Buying and Merchandising, Peter England Red
1 week ago
Base Location :
BangaloreMinimum Qualification : Masters from NIFT or other related institutesPreferred Experience
:7-10 YearsPreferred Skills : Relevant experience in buying & merchandising in Retail, Textile or Apparel
Key Result Area:
Develop and drive accurate financial, sales and line plans for designated product categories ensuring alignment with overall Business Unit product and marketing strategyDevelop financial, sales, inventory and line plan ensuring alignment with overall Business requirements in the form of Annual Business Plans & OTB plans & to collaborate the required monthly, quarterly & annual business requirements.
Ensuring right proportions of price points, casual & non-casual mix, category mix and fashion quotientDrive Sustainable Profitable Growth in RetailResponsible for leading the buying and allocation team for all the stores to drive the pre-season planning process, in-season stock management through Gross Profit management and SKU allocation/replenishment to stores.
Financial Goals – Drive Retail Productivity (Non-Negotiable)Sales Target – Yearly and Quarterly and L2L basisGross Margin – Gross Profit as % of SalesEBIDTAWorking Capital – Delivering ideal DOCOperations – Improve Buying Process to deliver higher through put from store (Non – Negotiable)Sell Thru – Drive higher Sell thru through effective and right buying, Allocating at right time to right store and discount management.
STPW – Sell thru per WeekSSPD – Drive higher SSPD so as increase the store profitability and have an insight on effectiveness of store layouts.
Inventory Turn – Achieve Targeted Inventory turn to enable cash rotationMaintaining no. of days stock as targetedReview stock and sale plan with team members.Develop plans for the channel for meeting sales, gross margin and inventory turn goals taking the necessary steps to optimize sales, product sell through and margin plans.
Achieve channel's net margin targets after discounting through risk management and promotional/markdown strategiesPrepare action plan for high stocks level showrooms to bring down stocks as per plan.
Modify/develop efficient pullback process.Develop efficient replenishment system.
Freshness of Stock and Pull Back ProcessEnsure seamless running of AMM process and addition of right stock into discount mix at the right timeEnsure right Freshness Index at store – Current season stock as % of total Non-Core Stock at store.
Efficient, fast & controlled pull back process to ensure the unproductive merchandise is liquidated through VC channelEfficient Core ManagementDeploy a sharper core range to ensure best in class core availability & efficient DOCClearing non-moving stocks by offering discounts at right time.
Ways of WorkingWell documented B&M processes.Review mechanism.
Season wise library of orders with imagesIntroduce and ensure implementation & smooth running of automation tools such as symphony, Store config etc.
People & DevelopmentDevelop Self & Team through necessary trainingTrain Front End Staff on Products/features and unique propositionTrend Analysis & forecastingForecasting future trends and communicating the same to design basis research both online & offline-
Bengaluru, Karnataka, India Aditya Birla Fashion And Retail Ltd. Full timeBase Location : BangaloreMinimum Qualification : Masters from NIFT or other related institutesPreferred Experience :7-10 YearsPreferred Skills : Relevant experience in buying & merchandising in Retail, Textile or ApparelKey Result Area:Develop and drive accurate financial, sales and line plans for designated product categories ensuring alignment with overall...
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Bengaluru, Karnataka, India Aditya Birla Fashion and Retail Ltd. Full timeBase Location: BangaloreMinimum Qualification: Masters from NIFT or other related institutesPreferred Experience :7-10 YearsPreferred Skills: Relevant experience in buying & merchandising in Retail, Textile or ApparelKey Result Area:Develop and drive accurate financial, sales and line plans for designated product categories ensuring alignment with overall...
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Creative Director, Peter England
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Bengaluru, Karnataka, India Aditya Birla Fashion and Retail Ltd. Full timeBase Location:BangalorePreferred Industry:Retail, Textile & ApparelMinimum Qualification:NIFT GraduatePreferred Experience:18 to 22 Years of relevant experienceKey Result AreasBrand Financials and ProfitsPresent aesthetically appealing collection swatches and value-added services to help the sales team achieve the monthly budgets.Sell the design concept by...
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Creative Director, Peter England
1 week ago
Bengaluru, Karnataka, India Aditya Birla Fashion and Retail Ltd. Full timeBase Location: BangalorePreferred Industry: Retail, Textile & ApparelMinimum Qualification: NIFT GraduatePreferred Experience: 18 to 22 Years of relevant experienceKey Result AreasBrand Financials and Profits Present aesthetically appealing collection swatches and valueadded services to help the sales team achieve the monthly budgets. Sell the design concept...
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Creative Director, Peter England
1 week ago
Bengaluru, Karnataka, India Aditya Birla Fashion and Retail Ltd. Full timeBase Location: BangalorePreferred Industry: Retail, Textile & ApparelMinimum Qualification: NIFT GraduatePreferred Experience: 18 to 22 Years of relevant experienceKey Result AreasBrand Financials and ProfitsPresent appealing collection swatches and value-added services to support sales team in achieving monthly budgets.Sell design concepts by showcasing new...
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