Merchandiser
24 hours ago
1. Purpose of the Role
To ensure that our chain of 100+ stores are consistently stocked with the right products at the right time, preventing stockouts and overstocking. This role helps maintain product availability, optimize sales, and enhance the customer shopping experience by keeping inventory levels aligned with demand.
2. Activities Performed by the Role
· Inventory Management: Monitoring stock levels and ensure assortment availability
· Analyzing sales data to understand which SKUs are performing well and which ones aren't, and modify replenishment strategies accordingly to maximize sales
· Order Management:
a. Demand Forecasting for Own Branded products
b. Monthly / Fortnightly ordering cycle for Direct to Store Orders
· Collaboration with internal and external stakeholders
a. Work closely with store ops for resolution of discrepancies/ customer requirements/ stock acceptance etc.
b. Coordinate with Vendors to ensure timely delivery of POs and resolve any issues related to orders (MOQs/ Lead time/ Fill rate)
· Maintain and drive Make In India Mix for your sections and ensure adherence to Margin targets as per Target
· Ensure Newness / Freshness is deployed on time; quick turnaround on replenishment basis product performance
3. Key Performance Indicators & Outcomes:
· Deliver Budgeted NSV & GM%
· Effective Inventory Management ,Make in India Mix and Vendor Management
· Ensuring Freshness availability as per set %age
· Inventory covers to be in advance
· Assortment availability
· Order Creation and Stakeholder Management - Internal and External
4. Organization
· Merchandiser would be part of the Buying & Merchandising Team
· The team comprises of Buying & Planning Head, Category leads, 4 category planners & 4 merchandisers
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