Merchandising Executive-category

**Job Requirements**

**Merchandising: Inventory management: Norms finalization**
- Create the Norming for both Category Level and Boutique level split based on the final Sales target shared by the Category and Retail Team
- Using Scientific method, Develop Assortment Plan with Minimum Range and Norms at store level Based on Sales Plan and Turn Targets
- Cascade the Norms to the respective Category team and incorporate the changes and then cascade to Retail team and ensure deployment of the same in One beat.
- For New Stores and the online channels, arrive at Boutique Level and Category level norms based on Approved ROI and in discussion with the category team.

**Merchandising: Assortment Planning for Existing, New Stores**
- Assortment planning for maximizing sales and support key category initiatives.
- Analyse the sales data and Prepare SKU Classification and finalize the SKU Best seller list & Regional Products list based on existing process.
- Prepare Model Stock for existing stores and new stores as per the finalized Norms with the best sellers.
- First Indent placement of new stores well in advance for new stores to ensure availability of stocks during store launch
- Ensure Enough coverage of MS are available against the Norms and timely intimation of Low allowance to category team for New Product Development.

**Merchandising: Stock Turn & Demand Planning**
- Timely Intervention of Stocks in Special Intervention stores and allocation of Key Categories in certain markets and websites to leverage the Potential Sales opportunity.
- Coordinate with Central Inventory team in understanding the Excess/Shortfall against the Set Norms and Plan for Indent Placement of Products in liaison with category team with sufficient coverage planning.
- Seasonal planning to be done well in advance and adequate indents are placed for the Group Categories.

**Merchandising: Alignment**
- Ensure Alignment of Stocks on a Boutique Category Price band level based on the Agreed Norms by,
- Ensuring Daily allocation of stocks by maximizing systemized allocations through One-beat based on Gaps in the boutiques and websites and priority stores.
- Ensure Bestsellers, regional must haves and New Products are continuously available in stores and websites for sales

**Merchandising: Redistribution & Tail Rotation**
- Ensure all aged stocks are rotated on a Timely basis to high potential stores as per Rotation Policy
- Coordinate with Region teams to ensure timely completion of all recalls and Rotation.
- Identify Dud/Sludge variants and recommend it for melting to the Inventory and category team.
- Reduce the aging of Stocks at the Central

**Merchandising: Product Management: Product Portfolio Management**
- Provide support to manage the entire product lifecycle from inception to product retiral.
- Provide inputs on range expansion within a collection.
- Collate the BBPM performance evaluations for all vendor returns
- Provide Tagging recommendations of new products in One beat for continuous replenishment
- Identify new dedicated product library to consume slow moving inventory to improve operational efficiency.

**Merchandising: Product Management: New Product Assortment Planning**
- Based on the Inputs from the Category Team and the Process laid out, create the Assortment plan for New Products with ensuring maximum availability of all AD variants.
- Ensure availability of new products in stores well in advance by coordinating with Central Inventory Team and SCM Team
- Post the campaign launch, Analyse the sales data, and identify the potential best sellers and dud stocks and take appropriate actions by discussing with Category tea
- Ensure timely deactivation of all Dud Stocks from the system to prevent any indenting

**Merchandising: Process Improvements**
- Coordinate with One beat and Internal analytics team to improve the existing Process with automations.
- PLM for the Group and ensure timely intimation of all concerns to the category team
- Support for all best deal offers
- Coordinate with Central Inventory team for setting up Inventory Processes

**Merchandising: Liaison with Retail Team**
- Store visits to understand the performance of store, key categories performance, identifying issues faced with merchandise and providing resolution on the same
- Faster resolution of queries/requirements from the store teams
- Execution of projects/pilot experiments pertaining to assortment planning, improving store profitability metrics such as Stock Turn, AMC realisation and Studded share enhancement

**Work Experience**
- Related areas of experience: Buying, Merchandising, Category Management, Assortment planning, Range Planning, Category Management.
- Ability to work on excel is a must have skill for this role.