Manager - Planning (Allocation)

Job Responsibilities:-

1-Inventory Management

· Ensure that the stock level of the category is within the prescribed limits as per company norms

· Monitor the stock cover to maintain optimum stock turns

· Tweak forward month buying based on the projected closing stock of the current and forward months. Allocation & replenishment to stores as per capacity & customer profile.

Stock rotation in market & Stock monitoring. Create Store level MBQ based on sales opportunity.

Ensuring balanced stock positions across stores by analyzing demand forecasts and merchandise projections, NSO's.

2- Strategic Allocation: Making decisions to place the right products in the right stores at the right time to maximize sales and minimize markdowns, tracking allocations against actual dispatches.

3-Collaboration: Working closely with buying, planning, and sourcing teams to align inventory with financial and sales objectives.

4- Data Analysis: Reviewing sales trends, SKU productivity, and stock imbalances to refine allocation strategies, Identifying slow moving & fast moving SKU's to execute necessary inter-store transfers & Stock consolidation, fill rate.

5- Team Leadership: Managing and training a team of merchandise analysts to execute allocation strategies effectively

6- MIS & Analysis

· Generate department wise sales report, hierarchy wise sales and stock report, current month SKU wise sale report, ISQ stock out report, TR tracker report, Promotional trackers & provide insights.

Experience : 8 to 12 Years

Education : Minimum qualification – Graduation in fashion Retail Management / Fashion Management Institute.

Key Skills and Attributes:

• Ability to work on own initiative with minimal supervision, an organized and thorough approach to work
• Good analytical skills
• Should have team handling experience
• Strong reporting, high on team spirits and prioritizing skills
• Good organizational, self-management and goal setting skills
• Ability to manage a heavy workload and at times conflicting priorities as well as tracking progress on a wide range of tasks
• Relevant experience at a senior level from a value retail background and product knowledge will be added advantage