Manager - Retail Planning - Polo Ralph Lauren

Aditya Birla Group

  • Bangalore, Karnataka
  • Permanent
  • Full-time
  • 29 days ago
Job Description:Key Result AreasSupporting ActionsRevenue Generation
  • Strategize appropriate product mix by market
  • Optimum utilization of the new season merchandise by ensuring availability of the merchandise on the floor (allocations/inter store transfers)
Gross Margin management
  • Driving full price sales
  • Tracking the IMU (intake margin) based on the actual cost and retail price against the plan and analyse various components of the cost
  • Managing mark down budgets to ensure GM delivery
Seasonal Planning/OTB management/Inventory Turns management
  • Reforecast Sales and Stocks and OTB (merchandise financials) on a monthly basis against plans
  • Ensure Buying plan is in line with merchandise strategy
  • Grow, hold, decline exit strategy
  • Track order placed against OTB to take corrective actions towards future buys
  • Checking /signing off orders placed against plan (Qty, Price, Margin, Delivery)
  • Forecasting the sell thru of a season to track against budgeted sell thru and closing inventory
  • Ensure there is timely flow of information between Buyers, Commercial, Stores and Finance towards all processes related to stock management
  • Tracking of sales performance against the weekly budgets at business, department level and taking necessary actions to boost sales
  • EOSS management
  • Monitor stock levels and highlight key observations and concern area
  • Provide inputs on the merchandise to be pushed for sales
Stock Transfers and Allocations
  • Stock allocation across Channels in WH
  • Ensure all store and WH led issues are sorted in minimum lead time
  • Propose a phase in - phase out policy for discontinued lines/ Pull Backs as agreed by all concerned
MIS
  • Ensure and drive more efficient data management through enhanced systems support.
  • Standard reporting/automatic reporting with ease of handling data
  • Daily, weekly, monthly sales and stock analysis
  • Key highlights of business by analysing various parameters like Sell Thru, Rate of sale, Weeks Cover, MD, Margins, NSV, COGS, inventory turns, sales mix etc.
  • Creating detailed style level sell thru reports
  • Various category, department, size analysis to draw trends to improve business
  • Any other time based business analysis
  • Prepare order status reports on regular basis
  • Prepare inventory status reports and highlight key observations
  • Highlight the deviations and report reasons for delay in order execution
PPM & BCDS Management
  • Collate orders placed at trade shows/ forward bookings by various customers, agents, retail channels etc.
  • Ensure orders are punched in the system on time for servicing
  • Understand the capacity of mills / garment factories to deliver in relation to the orders placed
  • Interface with customers in case of unavailability of FG demanded
  • Propose merchandise options to customers in case placed orders can’t be met in full

Aditya Birla Group

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