Scope of the role :

- Manage all Buying, Merchandising and Replenishment for the region (GOA) and ensure the Top line and Bottom line goals are met consistently.

Roles & Responsibilities :

- Manage all parameters that impact the P&L and operating margins, through effective buying & merchandising strategy, controlling COGS, stock churn, sampling, promotions, marketing activities, selling banner space, negotiating trade terms with vendors etc.

- Manage buying and merchandising for all product categories across all stores

- Do a periodic analysis and rationalization of product portfolios and assortments

- Ensure stock availability and replenishment for all categories

- Identify, develop and manage relationships with key vendors for the region

- Actively manage inventory with a defined strategy for stock churn, reorder and liquidation cycles across all product categories and stores

- Forecast Demand and effectively manage replenishment across all stores & DC by defining MBQ and Vendor Fill Rate

- Ensure Out of Stock (OOS) items doesn- t exceed the defined GNB norms

- Actively manage the ordering process with due focus on the TOP - X- products

- Define and implement strategy to limit/ liquidate Damage & Expiry (DNE) stocks

- Drive sales (NOB) with periodic promotions, new launches, festival program/decks, supplier engagement, celebration and limited offers.

- Visit stores periodically and actively look at identifying other revenue generation opportunities for achieving the planned targets

- Work with planogramming team to optimize shelf space as per the store size and plan the merchandising accordingly

- Manage customer complaints and ensure prompt response and resolution

- Analyze and track key ratios on a weekly/monthly basis like Order Planned vs. Delivered; Sales Target vs. Achieved etc.

Key Deliverables :

- Control the COGS as per the planned targets

- Maintain Stock Availability and Fill Rates as per the defined targets

- Active Inventory and Order Management for Top - X- articles

- Keep Damage & Expiry (DNE) & Out-of-Stock (OOS) below planned percentages

- Monitor the KPIs and target achievements of the team members.

This job opening was posted long time back. It may not be active. Nor was it removed by the recruiter. Please use your discretion.