09 Aug
|
P N RAO Suits
|
Bengaluru
09 Aug
P N RAO Suits
Bengaluru
Position: Retail Planer
Industry: Retail
Experience: 5 - 10 Years
Location: Residency road, Bangalore
Roles and Responsibilities:
· Analysing past sales figures / trend to anticipate future product
· Devising a merchandising plan using the above
· Communicating the merchandising plan to buyer, who can then decide what products, styles, colours etc. to purchase from which suppliers at what cost
· Devising a contract for the suppliers, including quality control, accuracy and flexibility, which is done throughout the season
· Allocating certain amounts of stock to each outlet throughout the season, to minimise unnecessary stock holdings for maximum budgetary
· Once the products are distributed and put on sale, the retail planner can then monitor stock movement, consider markdowns, inter- branch transfers, promotions.
· Liasing with the store manager and interior designer to ensure the products are presented to potential customers in the most attractive manner possible
· Analysing every aspect of best sellers and ensuring that they reach their full potential
· Maintaining awareness of competitors performance
· Monitoring slow sellers and taking action to improve performance
· Accompanying different functional managers or team on visit to appreciate and improve processes
· Presenting analysis report of the brand on sales, stock, OTB, Margins, Store Subgroup level sales, order quantity, allocation and replenishment
· Responsible for “right product, to the right place & at the right time; thus ensuring availability of products to match the customer’s demands.
· To prepare reports and send it to the directors, managers and the specialists
· To prepare report on stock, sales, stock cover, availability, gaps. This includes daily reports, weekly reports, weekend reports, monthly report.
📌 Retail Planer - Clothing Industry (Bengaluru)
🏢 P N RAO Suits
📍 Bengaluru