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Job Description
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
- 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.
- 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
- Creating the shopping zones in each store with the help of planograms and ensuring maximum returns from each square feet .
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- Monitoring and analyzing the performance of each of these zones
- Maintaining and updating planograms as and when required
- 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
- Planning correct norms for store keeping the right DOC & sales potential of store
Skills
Inventory ManagementIf an employer asks you to pay any kind of fee, please notify us immediately. Jobaaj does not charge any fee from the applicants and we do not allow other companies also to do so.
Important dates & deadlines?
Application Deadline
27 Jun 24, 11:55 AM IST
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