Commercial Analyst

Who are we? Are you ready to embark on an exciting journey in the world of fashion and e-commerce? Namshi, the leading online multi-brand fashion and beauty platform in the Middle East, is looking for talented commercial analysts/planners to join our dynamic #NamFam.

We are a community built around young people who are making waves in the region. They're changing the future, and we're right next to them every step of the way. If you're passionate, innovative, and eager to be a part of a company whose mission is to be the region's favorite closet, then Namshi is the place for you.

Discover your potential with us and help us redefine the way people shop online and ignite a new generation of personal expression through style. Let's move together Key responsibilities:Forecasting & PlanningReview and analyze sales trends.

Research demand drivers. Develop statistical planning models and implement & review results

Create rolling 12 month forecast plan, on monthly basis to build up future stock levels

Based on forecast, calculate the stock requirement, and manage purchases accordingly

Plan & monitor replenishment across territories by establishing replenishment parameters

Monitoring aging stock level and building liquidating strategy with Buying team

Collaborate with the Buying and relevant business leads to resolve out of stock or stock shortage situations

Inventory Stock OptimizationEnsure optimum category inventory levels are maintained at Concept/Territory keeping in mind sale requirements as well as working capital constraints

Ensure that no instances of category stock outs occur on account of any discrepancy on part of merchandise planning

Stock CoordinationSupervise stock transfers and reconciliation

Ensure processes in place as well as track adherence for all stock movement with suppliers & warehouse

Merchandise Planning & ReplenishmentTrack and drive category P&Ls to monitor top line and profitability goals

Analyze sales trends and product life cycles, use data to identify and prioritize opportunities

Work closely with Buying teams to identify bestsellers and iterate best sellers to maximize the product sales

Prepare and maintain department/category merchandise MIS analytics based on actual sales, sales forecasts, company order parameters, inventory checks, forthcoming events, replenishment needs etc.Margin & Pricing OptimizationDevise a comprehensive pricing/ discount strategy and roadmap to maximize sell through by working closely with the buying teams

Maintenance of Price Sheets and suggesting category wise pricing basis sales aging & margin

Custodian of day-to-day Price/Margin of the products

Collaborate with relevant teams to propose and finalize suitable promotion strategies while continually monitoring competitor efforts, to drive in season trade, provide inputs for promotional activity

Performance TrackingKeep a constant update on how the department is tracking to budgets and use this in line with the shipment plan to make sure product is dropping when you need it

Run week/month end report to discuss performance against target sales

What you'll need:Bachelor degree in Business, Economics, Mathematics, Engineering or StatisticsMinimum of 5 years of relevant experience in demand planning and forecasting in a multi-branded environment in an E-commerce company

Strong Knowledge of Fashion Buying within an E-commerce organization

Core Demand planning and forecasting experience and data modeling

Management of P&LAdvanced level of Excel is mandatory

Strong mathematical and statistical knowledge

Analytical ThinkingAccountability/OwnershipStrong problem solving skills

Highly motivated self-starter

Who will excel? The ideal candidate will be comfortable in a fast-paced, multi-tasked, high-pressure environment with a strong passion for delivering results. A candidate who has a successful history of working in teams solving challenging topics and is willing to roll up their sleeves to get the job done.

At Namshi, we have the courage to pursue what seems impossible. We work hard to get things done. We go to great lengths to ensure that the experience is stellar but above all, we are grateful for the opportunities we have.

If you feel the above values resonate with you – you will enjoy this incredible journey with us