Trainee, Demand Planning

5 days ago

Bengaluru Karnataka, India Saks Full time

**Who We Are**:
Saks is a world-renowned luxury ecommerce destination. The company’s unique approach combines a focus on the digital customer
experience with a strong connection to a network of extraordinary stores that extends that seamless experience into the real world.
On its website and app, Saks offers an unparalleled selection of curated merchandise across fashion for women and men, beauty,
jewelry, home décor and more. In addition to the shopping experience, customers come to Saks for inspiring editorial content, access to
digital stylists, lifestyle experiences and other world-class services. The company is currently in the midst of a dramatic expansion,
driven by significant enhancements to its platforms and offerings, with the goal of becoming the preeminent destination for luxury
internationally.
**Role Summary**:
Reports to Manager - Demand Planning. Works closely with Merchandising Planning, Buying teams in North America and other teams as
necessary.
**Key Qualifications**:
Graduate/PG. Preference will be work experience in retail industry with working knowledge in supply chain
Analytical, Advanced excel, problem solving skills and knowledge on forecasting
Data management and interpretation using statistical concepts
Strong planning and operational skills
Ability to communicate clearly and effectively
Proficiency in excel and good knowledge of other MS Office tools
Ability to work well with others and contribute to a positive environment.
Highly motivated and committed to the development of high-quality work
SQL and VBA Macros knowledge will be a plus
**Role Description**:
Collaborate with Planners and Buyers to manage Replenishment inventory through accurate forecasting and rectifying all
relevant components to achieve department in stock goals.
Has the concept/grasp of Stock-store Minimums/Presentation minimum, Maximums, Safety stock, Review Time, Lead time,
Store to store transfers etc.
**Stock Balancing**: Maintain in-stock goals through effective product distribution. Analyze sales history and trends to maximize
sales potential by developing allocation strategies that maintain proper store inventory levels.
**Historical Analysis**: Analyze and summarize business performance of product categories, monitor sales, inventory, margin and
other factors affecting In-stocks & profitability.
**Your Life and Career at Saks**:
Exposure to rewarding career advancement opportunities
A culture that promotes a healthy, fulfilling work/life balance
Benefits package for all eligible full-time employees (including medical, vision and dental).

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