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Merchandiser

2 months ago

delhi, India Namshi.com Full time

Who are we?

Are you ready to embark on an exciting journey in the world of fashion and e-commerce? Namshi, the #1 online fashion destination in the Middle East, is looking for talented individuals like you to join our dynamic team. We are a community built around young people who are making waves in the region. They’re changing the future, and we’re right next to them every step of the way. If you‘re passionate, innovative, and eager to be a part of a company whose mission is to be the region’s favorite closet, then Namshi is the place for you.

Discover your potential with us and help us redefine the way people shop online and ignite a new generation of personal expression through style. Let‘s move together

What you‘ll do:

Forecasting & Planning
Review and analyze sales trends. Research demand drivers. Develop statistical planning models and implement & review results
Create rolling 12 month forecast plan, on monthly basis to build up future stock levels
Based on forecast, calculate the stock requirement, and manage purchases accordingly
Plan & monitor replenishment across territories by establishing replenishment parameters
Monitoring aging stock level and building liquidating strategy with Buying team
Collaborate with the Buying and relevant business leads to resolve out of stock or stock shortage situations

Inventory Stock Optimization
Ensure optimum category inventory levels are maintained at Concept/Territory keeping in mind sale requirements as well as working capital constraints
Ensure that no instances of category stock outs occur on account of any discrepancy on part of merchandise planning

Stock Coordination
Supervise stock transfers and reconciliation
Ensure processes in place as well as track adherence for all stock movement with suppliers & warehouse

Merchandise Planning & Replenishment
Track and drive category P&Ls to monitor top line and profitability goals
Analyze sales trends and product life cycles, use data to identify and prioritize opportunities
Work closely with Buying teams to identify bestsellers and iterate best sellers to maximize the product sales
Prepare and maintain department/category merchandise MIS analytics based on actual sales, sales forecasts, company order parameters, inventory checks, forthcoming events, replenishment needs etc

Margin & Pricing Optimization
Devise a comprehensive pricing/ discount strategy and roadmap to maximize sell through by working closely with the buying teams
Maintenance of Price Sheets and suggesting category wise pricing basis sales aging & margin
Custodian of day-to-day Price/Margin of the products
Collaborate with relevant teams to propose and finalize suitable promotion strategies while continually monitoring competitor efforts, to drive in season trade, provide inputs for promotional activity

Performance Tracking
Keep a constant update on how the department is tracking to budgets and use this in line with the shipment plan to make sure product is dropping when you need it
Run week/month end report to discuss performance against target sales

What you‘ll need:

Bachelor degree in Business, Economics, Mathematics, Engineering or Statistics
Minimum of 4-6 years of relevant experience in demand planning and forecasting in a multi-branded environment in an Ecommerce company
Good Knowledge of Fashion Buying within an Ecom organization
Core Demand planning and forecasting experience and data modeling
Advanced level of Excel is mandatory
Strong mathematical and statistical knowledge
Analytical Thinking
Accountability/Ownership
Strong problem solving skills
Highly motivated self-starter

Who will excel?
The ideal candidate will be comfortable in a fast-paced, multi-tasked, high-pressure environment with a strong passion for delivering results. A candidate who has a successful history of working in teams solving challenging topics and is willing to roll up their sleeves to get the job done. At Namshi/noon, we have the courage to pursue what seems impossible. We work hard to get things done. We go to great lengths to ensure that the experience is stellar but above all, we are grateful for the opportunities we have. If you feel the above values resonate with you – you will enjoy this incredible journey with us

**Due to the high volume of applications received, please note that only candidates who have been selected for further consideration will be contacted***