30 Oct
|
Outerworld
|
Bengaluru
30 Oct
Outerworld
Bengaluru
Retail Merchandiser – OfflineBrand: Outerworld
Industry: Premium Menswear / Fashion Retail
Department: Retail Operations & Merchandising
Location: India
Experience: 3–6 Years
Reporting to: Head of Retail / Business Head
About OuterworldOuterworld is a premium menswear brand built around craftsmanship, quality and timeless design. We believe luxury is created through consistency, attention to detail and uncompromising standards.
Our philosophy is simple: We Do It Well.
As we expand our offline retail presence, we are looking for a commercially driven Retail Merchandiser who can manage product assortment, inventory planning, stock allocation and merchandise performance across our retail stores.
Role OverviewThe Retail Merchandiser will be responsible for ensuring the right product assortment and optimum inventory availability across all offline stores.
The individual will work closely with the retail, buying, production, warehouse and store operations teams to maximise sales, improve inventory productivity and minimise slow-moving stock.
The role requires strong analytical capabilities, multi-store retail experience and commercial ownership of merchandise performance.
Key Responsibilities1. Merchandise Planning & Assortment
- Develop store-wise merchandise plans based on sales trends and customer preferences.
- Plan product assortment across polos, shirts, T-shirts, trousers and other menswear categories.
- Determine appropriate SKU, colour and size-wise assortment for each store.
- Plan seasonal merchandise launches and core product replenishment.
- Identify gaps in the existing product assortment.
2. Inventory Management & Stock Allocation
- Manage inventory distribution across all offline stores.
- Ensure optimum stock availability at each location.
- Monitor stock ageing, sell-through and inventory turnover.
- Coordinate inter-store stock transfers to improve inventory productivity.
- Identify slow-moving and non-moving merchandise and recommend corrective action.
- Ensure timely replenishment of fast-selling products.
3. Sales Analysis & Business Performance
- Analyse daily, weekly and monthly store-wise sales performance.
- Track SKU-level, category-wise, colour-wise and size-wise sales.
- Monitor key retail metrics including:
- Sell-through percentage
- Average Selling Price (ASP)
- Average Transaction Value (ATV)
- Units Per Transaction (UPT)
- Gross margins
- Stock turnover
- Inventory ageing
- Identify high-performing and underperforming products.
- Recommend markdowns and promotional strategies wherever required.
- Prepare detailed weekly and monthly merchandise performance reports.
4. Buying & Production Coordination
- Work with the buying and production teams to plan future inventory requirements.
- Recommend repeat orders based on product performance.
- Assist in determining purchase quantities for new collections.
- Ensure inventory planning is aligned with sales forecasts and business targets.
- Maintain an effective balance between core merchandise and seasonal collections.
5. Visual Merchandising & Store Presentation
- Ensure consistency in merchandise presentation across stores.
- Coordinate with visual merchandising teams on product placement and category displays.
- Ensure adherence to brand merchandising guidelines.
- Monitor product presentation and availability at store level.
6. Store Coordination
- Work closely with store managers to understand customer preferences and product demand.
- Collect feedback on product performance, sizing and customer preferences.
- Conduct regular store visits to evaluate merchandise presentation and inventory health.
- Ensure timely execution of merchandising plans across locations.
Mandatory Requirements – Three Key Competencies1. Strong Analytical & Excel Capabilities
- Advanced Excel skills, including Pivot Tables, VLOOKUP/XLOOKUP and data analysis.
- Ability to analyse SKU-level sales, inventory, colour-wise and size-wise performance.
- Ability to prepare actionable MIS reports and merchandise dashboards.
- Strong numerical and forecasting capabilities.
2. Multi-Store Retail Experience
- Prior experience managing merchandise planning across multiple apparel retail outlets.
- Ideally, experience handling 5–15 stores.
- Understanding of store-wise assortment planning, stock allocation and inter-store transfers.
- Ability to identify differences in customer demand across locations.
3. Commercial Ownership
- Must take ownership of inventory productivity and sell-through performance.
- Ability to identify slow-moving inventory and recommend corrective measures.
- Focus on maximising full-price sales and minimising unnecessary markdowns.
- Ability to translate sales data into actionable buying and replenishment decisions.
- Understand the relationship between inventory, sales, margins and profitability.
Key Performance Indicators (KPIs)Performance will be measured on:
1. Improvement in overall sell-through percentage.
2. Reduction in aged and non-moving inventory.
3. Improvement in inventory turnover.
4. Reduction in stockouts of fast-moving products.
5. Improvement in full-price sales contribution.
6. Improvement in store-wise inventory productivity.
7. Accuracy of merchandise planning and stock allocation.
8. Quality and timeliness of merchandise MIS reporting.
Candidate ProfileExperience:
- 3–6 years of experience in retail merchandising, preferably in fashion or apparel.
- Experience managing multiple retail outlets.
- Experience with premium or luxury menswear brands will be an advantage.
Educational Qualification:
- Graduate in Fashion Merchandising, Retail Management, Business Administration or a related discipline.
Preferred Brand Background: Candidates with experience at brands such as Indian Terrain, Rare Rabbit, Blackberrys, Louis Philippe, Raymond or similar apparel retailers will be preferred.
Ideal CandidateWe are looking for someone who combines a solid understanding of fashion with commercial thinking.
The ideal candidate should be analytical, detail-oriented and proactive, with the ability to translate store-level sales data into actionable merchandising decisions.
The ultimate objective is to ensure that every Outerworld store carries the right merchandise, in the right quantity, at the right time — maximising full-price sales while maintaining healthy inventory levels.
📌 Retail Merchandiser – Offline (Bengaluru)
🏢 Outerworld
📍 Bengaluru