09 Aug
|
Roots Recruitment
|
Mumbai
09 Aug
Roots Recruitment
Mumbai
Role & responsibilities
A. Buying & Merchandising
- Develop and execute seasonal and annual buying strategies aligned with sales targets and margin objectives.
- Analyse sales trends, consumer behaviour, MIS reports, and market insights to determine optimal product assortment and category mix.
- Identify current product opportunities and introduce relevant categories based on data-driven analysis.
- Lead vendor sourcing, negotiations, pricing finalization, and commercial terms to ensure profitability.
- Maintain strong vendor relationships to ensure product quality, compliance, and timely deliveries.
- Monitor competitor activity, pricing strategies, and market positioning.
- Manage OTB (Open to Buy) budgets and ensure buying decisions align with financial targets.
B. Planning & Inventory Management
- Lead merchandise planning through demand forecasting, historical data analysis, and market intelligence.
- Monitor inventory levels to maintain optimal stock availability and reduce stock-outs and overstocking.
- Drive allocation strategies across stores/regions to maximize sell-through.
- Manage inventory turnover, aging stock, markdowns, and clearance strategies to improve margins.
- Align inventory plans with promotions, seasonality, and marketing calendars.
- Track and analyze key KPIs such as sell-through %, GMROI, stock cover, and category performance.
C. Process & Performance Management
- Implement structured buying and planning processes supported by MIS dashboards and analytics.
- Drive continuous process improvements in procurement and inventory planning.
- Ensure compliance with internal policies and financial controls.
- Present performance reports and actionable insights to senior management.
- Collaborate with retail operations, finance, marketing, and supply chain teams to ensure business alignment.
📌 Buying and Merchandising - Retail (Mumbai)
🏢 Roots Recruitment
📍 Mumbai