15 Aug
|
Roots Recruitment
|
India
15 Aug
Roots Recruitment
India
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 recent product opportunities and introduce relevant categories based on data-driven analysis.
Lead vendor sourcing, negotiations, pricing finalization, and commercial terms to ensure profitability.
Maintain robust 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 (India)
🏢 Roots Recruitment
📍 India