Buying And Merchandising Assistant (Mumbai)

Buying And Merchandising Assistant (Mumbai)

30 Sep
|
Reliance Retail
|
Mumbai

30 Sep

Reliance Retail

Mumbai

Role Overview The Buying &

- Merchandising Manager will be responsible for driving commercial performance across one or more brands within the RBL portfolio through disciplined buying, sharp inventory management, and data-led planning. This role requires a strong command of retail metrics, a keen product sensibility, and the ability to work cross-functionally with Visual Merchandising, Store Operations, Logistics, and Brand teams. The incumbent will own sell-through outcomes, manage the Open-to-Buy framework, and ensure the right product is available in the right store at the right time.

Key Responsibilities

1. Sell-Through Management (Primary accountability)

- Drive and monitor sell-through achievement across all stores and channels on a weekly basis, with a target of achieving full-price sell-through benchmarks as per the business plan.

- Publish regular sell-through reports and conduct periodic reviews with store teams to identify and resolve issues impacting performance.

- Manage stock allocation for new shipments to stores based on buy plans, sales history, and store capacity.

- Execute weekly replenishments basis sales velocity, ensuring optimal stock availability across the network.

- Plan and implement consolidation of broken sizes and best-selling product replenishment to maximise conversion.

- Develop and execute end-of-season liquidation plans for excess or aged inventory in coordination with the Planning and VM teams.

1. Gross Margin &
- Pricing Management

- Own gross margin performance for assigned brands against the business plan, monitoring and reporting on variances regularly.

- Manage logistics cost against budget and identify opportunities for rationalisation.

- Oversee discounting strategy to protect and optimise gross margin across seasons and channels.

- Evaluate and manage local sourcing mix where applicable to improve margin outcomes.

1. Product Intelligence, OTB &
- Buying

- Lead seasonal buying prepare order sheets, review with the Product Head and Business Head, incorporate feedback, and submit orders to brand partners within stipulated timelines.

- Manage the Open-to-Buy (OTB) framework with a focus on the width and depth of buys, category-level allocation,



and pricing architecture.

- Ensure timely completion of all Purchase Orders (POs) and Sales Orders (SOs) with full accuracy.

- Conduct end-of-season product performance reviews covering sell-through analysis, best sellers, worst sellers, and forward learnings.

- Deliver in-season product drop presentations to store teams prior to each launch window.

- Maintain structured archiving of season-wise product data for ongoing reference and future planning.

1. Inventory Management &
- Planning

- Manage category-level and size-level inventory performance versus OTB targets across all stores.

- Track and map pending receipts and coordinate proactively with the Logistics team to ensure timely stock delivery.

- Prepare weekly sales and stock reports, inventory projections, and Inter-Store Transfer (IST) plans to maintain balanced inventory across the network.

- Monitor style deliveries and track variances between the buy plan and actual receipts to inform future buying decisions.

- Develop and execute markdown and old inventory liquidation plans to reduce aged stock and recover working capital.

1. Business Reporting &
- Analysis

- Own the reporting cadence for the brand including daily, weekly, and monthly sales reports, category analyses, promotional performance reports, and international brand reports as required.

- Prepare and maintain the music sheet and quarterly sales targets in alignment with the business plan.

- Conduct floor feedback sessions with store teams on a monthly basis to gather qualitative product and operational insights.

- Deliver structured analysis and presentations to internal stakeholders and brand partners on a regular and ad-hoc basis.

1. Training &
- Development

- Prepare a seasonal product training manual for store teams covering new season range,



key technologies, colour stories, and marketing styles.

- Collaborate with the Training department to deliver effective product training at the start of each season.

- Conduct induction training for new joiners covering fabric fundamentals and brand product knowledge.

Qualifications &

- Experience

- Education: MBA or Post-Graduate Diploma in Retail Management, Fashion Management, or a related discipline from a reputed institution (preferred).

- Experience: 4–7 years of relevant experience in buying and/or planning, with demonstrated ownership of sell-through and inventory KPIs in a retail environment.

- Industry Background: Fashion, lifestyle, luxury retail, or specialty retail strongly preferred.

Skills &

- Competencies

- Solid commercial acumen with a sound understanding of retail metrics — sell-through, gross margin, OTB, inventory turn, and markdown.

- Proficiency in retail planning tools, ERP systems, and advanced Excel / data reporting.

- Analytical mindset with the ability to translate data into actionable buying and merchandising decisions.

- Positive product sensibility and understanding of brand aesthetics and consumer preferences in the premium segment.

- Excellent planning, prioritisation, and time management skills — ability to work to tight seasonal deadlines.

- Strong communication and presentation skills for effective engagement with brand partners and internal stakeholders.

- Ability to manage multiple brands and product categories simultaneously.

- Collaborative approach to working cross-functionally with VM, Operations, Logistics, and Marketing teams.

What We Offer

- The opportunity to work with some of the world's most iconic premium and luxury brands.

- A dynamic, entrepreneurial work environment within a large, established organisation.

- Competitive compensation commensurate with experience.

- Performance-linked incentives.

- Learning and development opportunities across a diverse brand portfolio.

- Exposure to global brand teams and international buying and planning best practices.Role & responsibilities

Preferred candidate profile

📌 Buying And Merchandising Assistant (Mumbai)
🏢 Reliance Retail
📍 Mumbai

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