Merchandise Planner

4 weeks ago

Chennai, Tamil Nadu, India CapTalent HR Full time

Job Overview

We are seeking a skilled Merchandise Planner to join our team at CapTalent HR. This is a full-time position requiring 4 to 6 years of relevant work experience. The successful candidate 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.
  • Coordinate with vendors and suppliers to maintain product flow and meet sales objectives effectively.
  • Monitor inventory performance, identify areas for improvement, and implement necessary adjustments.
  • Collaborate with cross-functional teams to align merchandising strategies with sales and marketing initiatives.
  • Prepare accurate reports and insights for management to facilitate informed decision-making processes.
  • Participate in the development and execution of sales forecasts and budgeting activities.
  • Ensure all merchandising activities comply with company policies and regulatory requirements.

Requirements

  • Proficient in inventory management with a solid understanding of stock levels, turnover, and replenishment.
  • Extensive experience in merchandising, with the ability to analyze sales trends and implement strategic plans.
  • Strong capability as a merchandise planner, ensuring product availability aligns with consumer demand.
  • 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.

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