Assistant Manager Merchandising Trading
1 day ago
Position Summary:
- Manage trading and allocation for PUMA counters across key Large Format Retail (LFR) accounts, including Centro, Lifestyle, Shoppers Stop, Pantaloons, and Fashion Factory.
- Lead a team of two traders (merchandisers), overseeing day-to-day operations and performance.
- Collaborate closely with sales, buying, and operations teams, maintaining a strong connection with the product line and customer trends to develop effective allocation strategies.
Key Objective:
In-Season Trading & Analysis:
- Responsible for ensuring the availability of the right stock at the right place and time, thereby enabling sales achievement.
- Collaborate with Visual Merchandising (VM), Retail Operations, and Sales teams to ensure seasonal rollouts are aligned and implemented as per plan.
- Ensure timely dispatch of incoming new season stock to respective stores as per the launch plan.
- Execute accurate replenishment and maintain healthy stock levels at the SKU level to avoid lost sales opportunities.
- Manage RTV (Return to Vendor) to the warehouse and facilitate stock consolidation between stores to reduce slow-moving merchandise and improve store assortment.
- Work closely with the buying team to ensure buys are placed in the right product types attributes based on forecasted requirements, store grading & banding and strategic inputs.
Assortment Planning & Performance Monitoring:
- Prepare seasonal assortment plans, ensuring the right mix at Division Category, MRP band, and product type level
- Monitor style performance through regular tracking of Rate of Sale (ROS) and Sell-Through.
- Prepare article-level discount lists during End of Season Sale (EOSS) to achieve planned net sales targets within the budgeted markdown percentage, while also meeting Gross Profit % targets.
- Drive weekly and monthly reporting and analysis; present insights during sales reviews and initiate necessary actions to achieve targets.
- Constantly aim to improve the efficiency of replenishment and allocation processes by refining the allocation inputs to maintain optimal SKU-level inventory.
- Collaborate closely with the retail sales team to identify operational gaps and implement corrective actions.
- Monitor daily business performance and profitability through key performance indicators (KPIs).
- Maintain optimal stock cover across stores.
Key Performance Indicators:
- Net Sales
- Gross Profit (GP) and GP%
- Sell Thru %
- Markdown (Discount%)
- Stock Cover
Organizational Relationships:
- Internal: Operations, Sales, Buying, Planning and Warehouse
- External: LFR partners
Eligibility Criteria And Functional Competencies Required:
- MBA / MFM / B.F.Tech from a reputed institute with 2–3 years of relevant experience in retail merchandising, trading, or planning.
- Strong proficiency in 'Advanced Microsoft Excel' is a must.
- Excellent analytical and numerical skills.
- Strong communication and interpersonal skills for stakeholder management
- Self-motivated and driven; capable of working independently with minimal or no supervision.
- Ability to multitask and prioritize work based on business needs.
- Analytical and inquisitive mindset with a keen eye for detail.
- Willingness to learn and adapt to new technologies/tools as required by the business.
- Interest in sports or active participation in any sport will be an added advantage.
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