Merchandise Planner (Delhi)

Merchandise Planner (Delhi)

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

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