Junior Executive Product Planning
6 months ago
**ROLE OBJECTIVE**:
Responsible for providing inputs to Merchandising team by understanding the product categories, product planning/inventory management, execute merchandise plans & support in accomplishing standard process as per the SOP.
**FUNCTIONAL RESPONSIBILITIES**:
- Provide inputs based on the analysis conducted and implementation of MGD's inventory allocation strategies, merchandise assortment, and other related strategies.
- Monitor store category sales, identify sales trend and plan tools to increase financial performance for all merchandise.
- Conduct demand and sales forecasting on a monthly basis and review by analyzing data and MIS derived and suggest rectifications in physical inventory.
- Periodically monitor inventory and review the inventory holding in stores for assigned sub-category to aid decision making of stock requirement to maintain inventory levels.
- Analyze sales figures, customers reactions and market trends to anticipate product needs.
- Periodically monitor inventory and review the inventory holding in stores for assigned sub-category to aid decision making of stock requirement to maintain inventory levels
- Coordinate with Regional Merchandising team on a regular basis for the process implementation.
- Responsible for creating and maintaining planogram at retail levels as per given timelines.
- Develop supply strategies so that the stock outs can be minimized while the inventory turns are maximized.
- Execute product assortment strategies to meet customer demand and maximize sales and profits
- Provide guidance as and when required about selling patterns and the timing of future purchases to the Regional Merchandisers.
- Support and coordinate in providing training to merchandising team on report preparation and technical skill development.
**Job Types**: Full-time, Permanent, Fresher
Pay: ₹18,500.00 - ₹20,000.00 per month
Schedule:
- Day shift
Supplemental pay types:
- Performance bonus
- Yearly bonus
**Experience**:
- total work: 1 year (preferred)
Work Location: In person
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