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iconic fashion india

Assistant Merchandising Manager

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  • Posted 6 hours ago
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Job Description

1.Core Responsibilities

  • Store-wise Allocation Planning
  • Allocate stock to stores based on:
  • Store capacity (sqft, fixtures)
  • Sales performance
  • Location (mall, high street, airport, etc.)
  • Ensure depth vs width balance (not overloading or understocking)

2. Sales & Stock Analysis

  • Daily / Weekly sale
  • Sell-through %
  • Stock cover (weeks of inventory)
  • Fast-moving styles (replenish quickly)
  • Slow-moving styles (push / liquidate)

3. Replenishment Management

  • Ensure top-selling SKUs are always available
  • Maintain size-wise availability (especially core sizes like M/L/32/34)
  • Raise replenishment requests from warehouse or other stores

4.Inter-Store Transfers (IST)

  • Move stock from:
  • Low-performing stores → High-performing stores
  • Reduce dead stock and improve overall productivity

5. Ageing & Dead Stock Control

  • Track stock ageing (30 / 60 / 90 days)

Plan -Transfers

  • Discounts / markdowns
  • Promotions

6.Markdown & Promotion Support

  • Suggest discounts based on:
  • Sell-through
  • Season end
  • Support liquidation strategies

7. Size Ratio & Depth Management

  • Ensure proper size ratio allocation (e.g., S:M: L: XL)
  • Avoid: Missing key sizes
  • Excess of non-moving sizes

8. New Store / Seasonal Allocation

  • Initial stock planning for:
  • New store openings
  • Festivals / End of Season Sale (EOSS)

9. Reporting & MIS

  • Store-wise stock report
  • Sell-through report
  • Ageing report
  • Ageing stock%
  • Full-price sell-through
  • Top & bottom styles report
  • Allocation tracker

10.Coordination

  • Work closely with:
  • Warehouse team
  • Store managers
  • VM (Visual Merchandising) team
  • Planning team

Skills Required

Strong Excel (Pivot, VLOOKUP, basic formulas)

  • Analytical thinking
  • Retail understanding (especially apparel)
  • Good coordination & follow-ups
  • Attention to detail
  • MBA Professional

More Info

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About Company

Job ID: 146870959

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