1. Purpose of the Role To ensure that our chain of 100+ stores are consistently stocked with the right products at the right time, preventing stockouts and overstocking. This role helps maintain product availability, optimize sales, and enhance the customer shopping experience by keeping inventory levels aligned with demand.
2. Activities Performed by the Role
Inventory Management: Monitoring stock levels and ensure assortment availability
Analyzing sales data to understand which SKUs are performing well and which ones aren't, and modify replenishment strategies accordingly to maximize sales
Order Management
a. Demand Forecasting for Own Branded products b. Monthly / Fortnightly ordering cycle for Direct to Store Orders
Collaboration with internal and external stakeholders a. Work closely with store ops for resolution of discrepancies/ customer requirements/ stock acceptance etc.
b.
Coordinate with Vendors to ensure timely delivery of POs and resolve any issues related to orders (MOQs/ Lead time/ Fill rate)
Maintain and drive Make In India Mix for your sections and ensure adherence to Margin targets as per Target
Ensure Newness / Freshness is deployed on time; quick turnaround on replenishment basis product performance
3. Key Performance Indicators & Outcomes:
Deliver Budgeted NSV & GM%
Effective Inventory Management ,Make in India Mix and Vendor Management
Ensuring Freshness availability as per set %age
Inventory covers to be in advance
Assortment availability
Order Creation and Stakeholder Management - Internal and External
4. Organization
Merchandiser would be part of the Buying & Merchandising Team The team comprises of Buying & Planning Head, Category leads, 4 category planners & 4 merchandisers