Senior Manager

3 weeks ago

Noida, Uttar Pradesh, India AMPM Full time
Job Description

Job Description

Responsible for end-to-end buying and planning activities including seasonal range assortment, OTB planning, sales trend analysis, and inventory management. The role involves preparing sell-through reports, managing stock allocation and replenishment, and driving liquidation strategies for slow-moving inventory. Works closely with production teams to monitor the TNA calendar and ensure timely product deliveries. Collaborates with cross-functional departments such as design, sales , marketing, and warehouse to support smooth product lifecycle execution and achieve business objective.

Key Responsibilities:

1.Buying :

Identify and select products that align with the companys merchandising strategy and customer demand.

To finalize the Buy order quantity and MRP finalization

Analyze market trends, competitorstrategies, and customer preferences to make informed buying decisions.

Manage purchase orders, ensuring timely procurement and stock availability.

2.Merchandise Planning & Inventory Management:

Develop seasonal and annual merchandise range plans based on sales forecasts and customer preferences.

Monitor inventory levels to optimize stock turnover and reduce markdowns.

Coordinate with supply chain and warehouse teams to ensure efficient stock movement and replenishment

Utilize data analytics to identify slow-moving and fast- selling products, through analyzing weekly sell thru performance.

Create and monitor OTB plans across categories to ensure effective budget utilization and efficient stock flow and minimize over buying.

Allocation Planning : Execute store wise product allocation and replenishment plans to maintain ideal stock level across all retail and online channels.

3.Sales & Performance Analysis:

Analyse sales performance, profitability, and key merchandising metrics to make data-driven decisions.

Identify underperforming categories and recommend action plans for improvement. Work closely with marketing and store teams to align promotions and productlaunches with sales strategies.

4.Collaboration & Coordination:

Work closely with teams like production, warehouse, design, sales, and marketing to curate product assortments.

Coordinate with retail operations to ensure smooth execution of merchandising plansin stores or online.

Partner with finance to manage budgets, pricing strategies, and margin optimization.

Key Skills & Competencies

Strong analytical and forecasting skills for demand planning and sales projections.

Ability to handle multi-category planning.

Understanding of retail buying cycles, trends, and pricing strategies.

Strong communication, collaboration, and decision-making skills.

Proficiency in Microsoft Excel & other inventory management software.

Qualifications & Experience

Bachelors / Masters degree in Merchandising, Fashion or a related field

5+ years of experience in buying, planning, or merchandising in Luxury retail, fashion, or a related industry.

Experience in demand planning, purchase order management, and sales analysis. We also welcome experience with e- commerce merchandising and omnichannel retailing.

Knowledge of retail math and key merchandising metrics (sell- through, gross margin, stock turnover rate)

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