
Strategic Merchandise Planner
2 weeks ago
This critical position is key to driving the success of a major footwear category. The successful candidate will play a pivotal role in developing and executing season-wise stock planning, allocation, replenishment, and performance monitoring strategies.
- Pre-Season Planning Objectives
- Collaborate with Buying and central planning teams to finalize monthly assortment and order quantities in sync with planned sales and inventory norms.
- Plan store base stock and allocations for proper launch and deployment.
- Season Launch Allocation Strategies
- Review allocation plans to bridge gaps, ensuring timely availability of stock.
- Track planned vs. inspected options to ensure launches are executed as per hit dates.
- In-Season Monitoring & Replenishment Tactics
- 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 corrective interventions for slow movers.
- Timely validate system updates for replenishment and deployment. Dispatches in line with store and departmental performance with base fill.
- Track RDC inward/outward movement and align with Operations to resolve deviations.
- Conduct store and market visits to capture customer feedback, competitive insights, and product gaps.
- Promotions & Discounting Initiatives
- 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) Procedures
- Plan and execute EOSS allocations based on discount structure, store profile, and budget.
- Ensure timely dispatch of discounted stock to stores in coordination with SCM.
- Work with RDC on consolidation of unsold stock; convert into prepacks for future reuse (e.g., winter-centric stocks).
- Key Performance Indicators (KPIs)
- Accuracy of forecasting and allocation.
- Replenishment timeliness and effectiveness.
- Sell-through achievement vs. budget.
- Stock turn and ageing norms at store level.
- Discount sell-through during promotions/EOSS.
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