15 Aug
|
R K Jewellars
|
Delhi
15 Aug
R K Jewellars
Delhi
Key Responsibilities
1. Stock Intake & Classification
– Receive, verify and log all incoming stock against vendor invoices and memos — weight, purity, stone details, tagging.
– Categorise and sub-categorise every piece to the defined taxonomy: category, sub-category, design family, weight band, price band.
– Reconcile discrepancies between physical stock, vendor memo and ERP entry within 48 hours.
– Flag classification exceptions rather than guessing. Consistency of tagging is the foundation of everything else in this role.
2. Replenishment & Buffer Management
– Maintain stock buffer levels across all defined categories, using a green / yellow / red status system.
– Recommend buffer adjustments based on actual consumption — increases where shortages recur, reductions where stock sits idle.
– Raise replenishment orders based on buffer status and consumption data, not on seasonal hunches or vendor pressure.
– Escalate any proposed departure from the system to the Director, in writing, with reasoning.
3. Vendor & Order Management
– Raise and track purchase and job orders with karigars and vendors.
– Track and enforce lead times by vendor and by category. Reliable replenishment matters more than cheap replenishment.
– Follow up daily on pending orders and maintain a live open-order position.
– Work vendors towards smaller, more frequent orders rather than large infrequent buys.
4. Protecting Quick-Moving Stock
– Maintain the fast-mover list — the top 20% of designs by movement — and treat these as never-out-of-stock.
– Maintain a missed-sale log: every customer request that could not be met from stock is recorded and analysed.
– Report weekly to the Director on shortage risks, missed sales and open orders.
5. Slow-Moving & Ageing Stock
– Conduct a monthly ageing review across all categories.
– Recommend action on stock held beyond 12 months — reposition, re-photograph, exchange with vendor, rework or melt.
– Quantify capital blocked in ageing stock
📌 Merchandise Planner (Delhi)
🏢 R K Jewellars
📍 Delhi