- Bachelors / Masters in Retail Management - Buying and Merchandising
- Requirement
- Minimum 3-5 years of experience in a similar role
- Experience
- Assist in merchandise plans for the category based on insights gained from merchandise mix, historical trends and future outlook projected by the brand
- Analyze store profile based on reports, including weeks of stock, merchandise sales blend, inventory by store grade
- Ensure effective in-season management (stock analysis and balancing, markdown management, stock vs sale performance)
- Plan merchandise mix for each store and complete initial product allocation to stores and reserve management based on pre-distribution
- Finalize seasonal assortment plan and size run book in collaboration with Sr Merchandiser
- Monitor the product line, pricing and developments of competitor brands
- Ensure the ageing standards are followed and the stock turns are maintained as per the company policy
- Manage margin negotiations, orders, stock distribution and product selection
- Monitor and analyze both, the best sellers and slow sellers and take appropriate actions
- Keep a track of actual sales vs sales forecasts, inventory checks, forth coming events and address the replenishment needs of the stores on day-to-day basis
- Perform regular store visits and competition analysis communicate findings to the respective stake holders
Requirement
- Bachelors/Masters in Retail Management - Buying and Merchandising
Experience
- Minimum 3-5 years of experience in a similar role