Inventory Management
· Preparation of stock and sales plan in the beginning of the year. · Update and review of the plan periodically. · Managing age and dormancy of stock by planning Instore clearance sales. · Pull back non-moving merchandise
MIS & product movement analysis
· Analyze movement of various sub brands, style wise, size wise etc. · Identify of non-moving merchandise and check for trends. · Ensuring ideal merchandise mix for every store.
Sales
· Ensure the overall sales plan is met by periodic monitoring and taking corrective action with respect to space & product mix · Timely action on product performance to ensure discount is under budget. Monitor actual vs outflow on weekly basis to keep a track. · Margin delivery by managing product performance and controlling markdowns · Plan right store inventory depending on the demand and supply to ensure overall retail inventory turn is in line with the budget
Store Layout Planning
· Creating the shopping zones in each store with the help of planograms and ensuring maximum returns from each square feet . · Monitoring and analyzing the performance of each of these zones · Maintaining and updating planograms as and when required
Sell Through
· Plan right demand, get on time delivery and timely dispatch to ensure the overall lifecycle sell through · Periodic monitoring of inventory with norm to ensure post EOSS return of season buy ins in line with the budget
Norms & optimization
· Planning correct norms for store keeping the right DOC & sales potential of store
