Merchandise Planning Specialist

1 week ago

Bengaluru, Karnataka, India beBeeMerchandise Full time ₹ 12,55,900 - ₹ 25,11,800
Job Summary: We are seeking a Merchandise Planning Manager to drive stock planning, allocation, and performance monitoring for our footwear category. This role is responsible for ensuring availability of the right product mix across stores and warehouses, achieving planned sell-through, optimizing stock turns, and attaining business targets.

Main Responsibilities:
  • Collaborate with cross-functional teams to finalize monthly assortment and order quantities in sync with sales and inventory norms.
  • Plan store base stock and allocations for timely launches and deployments.

Season Launch Allocation:
  • Review allocation plans to bridge gaps and ensure timely stock availability.
  • Track planned vs. actual options to execute launches as per hit dates.

In-Season Monitoring & Replenishment:
  • Monitor store-level stock cover, mix, and ageing on a weekly/fortnightly basis; take corrective actions as required.
  • Review store performance (STR, sell-through, LFL growth) and initiate interventions for slow movers.
  • Validate system updates for replenishment and deployment, aligning with store and departmental performance.
  • Track RDC inward/outward movement and resolve deviations with Operations.
  • Conduct store and market visits to capture customer feedback, competitive insights, and product gaps.

Promotions & Discounting:
  • Support store-level execution of promotions and discounts; monitor effectiveness and impact on sales.
  • Track and review discount performance across stores to maximize sell-through.

End of Season Management (EOSS):
  • Plan and execute EOSS allocations based on discount structure, store profile, and business needs.
  • Ensure timely dispatch of discounted stock to stores in coordination with Supply Chain Management.
  • Work with RDC on consolidating unsold stock; convert into prepacks for future reuse.

Key Performance Indicators (KPIs):
  • Accuracy of forecasting and allocation.
  • Replenishment timeliness and effectiveness.
  • Sell-through achievement vs. business targets.
  • Stock turn and ageing norms at store level.
  • Discount sell-through during promotions/EOSS.

Qualifications & Skills:
  • Graduate/Post-Graduate in Business, Retail Management, or related field.
  • 3–6 years of experience in merchandise planning, preferably in footwear/apparel/retail industry.
  • Strong analytical and numerical skills with proficiency in MS Excel/Planning tools.
  • Ability to work cross-functionally with Buying, SCM, and Operations teams.
  • Strong business acumen, problem-solving ability, and attention to detail.
  • Good communication and stakeholder management skills.

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