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Strategic Inventory Manager
1 week ago
We are seeking a Mid-Level Merchandise Planner to join our Vendor in Chennai. This is a full-time position requiring 4 to 6 years of relevant work experience. The Merchandise Planner will be responsible for strategic inventory management and ensuring optimal merchandising processes to enhance business performance.
Key Responsibilities:
- Develop and execute comprehensive merchandising plans aligned with market demands and business objectives.
- Conduct regular analysis of sales trends and inventory levels to optimize product assortment and availability.
- Celebrate vendor partnerships to maintain product flow and meet sales objectives effectively.
Qualifications and Skills:
- Proficient in inventory management with a solid understanding of stock levels, turnover, and replenishment (Mandatory skill).
- Extensive experience in merchandising, with the ability to analyze sales trends and implement strategic plans (Mandatory skill).
- Strong capability as a merchandise planner, ensuring product availability aligns with consumer demand (Mandatory skill).
- Skilled in data analysis, able to interpret complex data sets and translate them into actionable business strategies.
- Proven ability in forecasting to accurately predict sales, inventory needs, and reduce excess stock by using historical data.
- Knowledgeable in retail math, including calculations of margins, markdowns, and profitability to support sales goals.
- Experienced in vendor management, negotiating contracts, and maintaining effective relationships with suppliers.
- Exceptional communication skills, both verbal and written, for effective collaboration with teams and external partners.
- Attention to detail and strong organizational skills to manage multiple projects and meet deadlines consistently.
