Retail Allocator

4 weeks ago

Bengaluru, Karnataka, India Aditya Birla Insulators Full time
Job Description

Merchandise Assortment Planning

- Assist in creating merchandise assortment plans for all stores aligned with sales targets
- Develop buying plans for assigned categories including Option plans and depth analysis
- Set Average Retail Price (ARP) targets for product categories
- Formulate Stock to Sale plans for the season including EOM (End of Month) and BOM (Beginning of Month)
- Calculate Open to Buy (OTB) to ensure optimal inventory levels

Monthly Target Setting & Performance Analysis

- Provide inputs for setting monthly targets by breaking them down into product categories
- Track target versus achievement metrics regularly
- Prepare merchandise plan reports and analyze product performance at a Look-to-Look (Lk2Lk) level

Inventory Management & Tracking

- Ensure ideal stock cover is maintained for each product category
- Monitor and manage dormancy and pullback within defined norms
- Generate weekly sell-through reports and photo sell-through reports for sales tracking

Stock & Sale Planning

- Formulate product category-wise dispatch plans and monitor planned vs actual dispatches
- Develop allocation plans for stores based on dispatch plans and size-wise analysis
- Track allocation against actual dispatches to ensure accuracy

Market Intelligence & Competitive Analysis

- Keep track of new launches including competitor products, windows, and schemes
- Conduct competition mapping to inform merchandise strategies
- Support training initiatives related to merchandise, product, and visual merchandising (VM)

Core Business Contribution Monitoring

- Monitor and analyze category contribution percentage to overall business on a Look-to-Look basis
- Identify and recommend new designs for addition to the category

Retail Design Brief Creation

- Assist in creating retail design briefs for option grids incorporating learnings from past seasons

Integrated Go To Market (IGTM) Planning

- Collaborate with VM and design teams for successful IGTM planning
- Coordinate dressing up key stores and rollout of IGTM initiatives across multiple stores

Space Planning Integration

- Work closely with retail planners to monitor returns and performance from allocated retail space

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