Retail Planner
6 months ago
**Job Title**:Retail Planner
**About us**:
Burgundy Brand Collective is one of India's fastest-growing specialty retail companies with stores in 9 cities. The company partners with best-in-class international luxury brands to offer Indians a window to the finest food and lifestyle themes from across the world. Our brand portfolio includes Royce’ Chocolate
- a premium Japanese confectionery brand, Onitsuka Tiger - a leading Japanese fashion and lifestyle brand, Provenance Gifts - a marketplace for curated gourmet gifts, Papabubble - an artistic, youth-oriented global candy brand and Ligne Roset - a luxury French contemporary furniture brand. The plan is to aggressively (yet astutely) scale out a portfolio of international brands pan-India.
- **Inventory Management**: Monitor and manage inventory levels to optimize product availability, reduce excess stock, expiry management, and minimize carrying costs.
- **Sales Forecasting**: Use data analysis and historical sales trends to create accurate sales forecasts by product category, store location, and season.
- **Open-to-Buy (OTB) Preparation**:Develop and track the Open-to-Buy calendar for the year. Please the OTB plan along with the budget as per the calendar to ensure timely stock ordering for the brand.
- **Allocation and Replenishment**: Allocate merchandise to stores based on demand and sales performance and implement replenishment strategies to maintain optimal stock levels.
- **Promotion Planning**:Collaborate with marketing and sales teams to plan and execute promotional events, ensuring that inventory levels can support increased demand during promotions.
- **Vendor Collaboration**:Work closely with packaging and logistics vendors to negotiate terms, quantities, and delivery schedules to meet inventory needs and customer order delivery timelines.
- **Data Analysis**:Analyze sales, inventory, and other retail data to identify trends, opportunities, and potential issues. Provide actionable insights to drive decision-making.
- **Seasonal Planning**: Develop seasonal merchandise plans, taking into account seasonality, trends, and holidays.
- **Reporting**:Prepare regular reports and presentations on sales, inventory, and performance against targets for management and other stakeholders.
**Skills and Experience Desired**:
- A bachelor's degree preferably in Maths, Statistics, Finance, Business Studies.
- 4+ years’ experience in retail and/or merchandising with an understanding of short-term shelf-life products.
- Well
- organized with a structured approach to buy planning.
- Strong excel skills and capable at building buy and sell-through budgets.
- Strong communicator with a high level of maturity.
- Deep organisational skills, with a very detail and process oriented approached to the role.
**Location**:Mumbai
**Reporting Manager**:Business Head
**Salary**: ₹600,000.00 - ₹800,000.00 per year
**Benefits**:
- Health insurance
- Provident Fund
Schedule:
- Day shift
Application Question(s):
- This is an F&B Brand, would you like to explore?
- Will you be able to travel up to Santacruz West?
- Rate your Excel skills
**Experience**:
- total work: 4 years (required)
**Speak with the employer**
+91 8657021558
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