Buying and Merchandising Associate Manager
5 days ago
**Key Responsibilities**:
- Supervise & manage the **stock allocation & replenishment** for all stores across all channels **(offline & online)**:
- Identify the **bestsellers and slow movers** and taking appropriate action so as to meet business objectives
- Creating an** intelligent buy plan** at SKU level after analyzing all stock related KPIs
- Design and manage** assortment and range plan** for new merchandise
- Monitor **stock health KPIs** like stock cover, size availability, ageing at SKU level and create alert mechanisms
- Monitor **stock fill rates**, both at TO & PO level
- Implement **promo &** **markdown strategy** post analyzing the sell-through, stock covers, ageing, product classification and business needs for **both offline & online channels**:
- Set **benchmark pricing** for each SKU once new season merchandise is launched
- **Co-ordinate with internal teams** like Marketing, Operations, Warehouse to ensure smooth conduct of business
- **Liaise with shipping** to ensure timely and cost-efficient deliveries of merchandise from the principal
- **Liaise with finance** to ensure timely raising of POs & tracking of rebates & credit notes from the principal
- **Liaise with the brand principal **to share routine reports & co-ordinate for shipping & credit note issues
- **Advanced/Intermediate Excel Skills**: ability to handle large set of complex data and model it as per requirement. Well versed with Excel pivots, power pivots and functions like VLOOKUP, HLOOKUP, SUMIF, SUMIFS, INDEX MATCH
**Requirements**:
- Minimum Diploma or Bachelor degree, preferably majoring in Fashion Business/Fashion Marketing/Merchandising
- At least 4-5 years experienced in fashion retail merchandising, preferably within multibrand environment
- Advanced planning and analytical skills, including computer skills
- Confidence in suggesting calculated risks
- Strong customer awareness and understanding
- Passionate about product, strong market and brand awareness
- Discreet, professional and well spoken, with excellent communication skills
- Time keeping & ability to meet stringent deadlines
- Proficient in using Microsoft Office Excel
- Fluent in written and spoken English
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