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1Inventory Management
To ensure that the stock level of the category is within the prescribed limits as per company norms
Monitoring the stock cover to maintain optimum stock turns
Tweeking forward month buying based on the projected closing stock of the current and forward months
Allocation & replenishment to stores as per capacity & customer profile.
Stock rotation in market
Stock monitoring
Fullfillment of Customer order and requirements
2Category Planning
To create buying plan – Category,fabric and sleeve wise to breakup monthly targets and distribute the buying for the month accordingly
To review costings stylewise to ensure targeted Gross Profit for the category is met
To flag negative deviations from the targeted GP
Creation of Sampling Plan twice in a year based on current year performance
To propose the bi annual discount list
Regular competition study
To prepare & do periodic review of yearly Ideal Stock Quantity projections – value wise , quantity wise 3ISQ Management
To prepare monthly ISQ plan – value wise, quantity wise
To tweak ISQ sheets in consultation with the Market
To study month cover reports to check stock outs and cover opportunity loses in forwarding months
To prepare fabric projection- colorwise & product wise
To prepare production plan for the Procurement team based on the fabric projection
To generate departmentwise sales report, hierarchy wise sales and stock report, current month SKU wise sale report, ISQ stock out report, Promotional trackers
To send periodic reports related to category performance indicators to the management as per the timeline 4MIS and Reporting
Monitoring store performance for the category
To send monthly buying plan and product presentation to the markets to enable them to do store stock planning
To assist the markets to plan their internal stock roation by providing monthly stock cover report 5Market Interaction
Regularly interacting and visiting the stores to gather first hand customer response to the merchandise offering – style, quality & pricing.
To highlight/escalate any deviations from the set standards to supervisor
To enable special requests from store/ customer request through stock rotation or from the product warehouse
Salary: INR 5,00,000 – 10,00,000 P.A
Industry: Retail / Wholesale
Functional Area: Fashion Designing, Merchandising
Role Category: Merchandiser
Role: Merchandiser
Keyskills:
BuyingMerchandisingRetail PlanningSalesStock PlanningInventory ManagementProduct PresentationProduction PlanningSamplingFabric,NIFT / Pearl graduate with handson exp into allocation and planning of stocks with a reputed apparel retailer.
Education:UG -Diploma – Fashion Designing/Other Designing
PG – Any Postgraduate – Any Specialization
Doctorate – Any Doctorate – Any Specialization, Doctorate Not Required
BuyingMerchandisingRetail PlanningSalesStock PlanningInventory ManagementProduct PresentationProduction PlanningSamplingFabric
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