• Head - Planning & Inventory

Location Mumbai
Experience Range 10 - 15 Years
Open

Job Description
About Us
Established in the year 2007, Reliance Brands Limited is an investment arm of Reliance Industries that began with a mandate to launch and build international and domestic brand equity in India. Over 13 years of rich experience catering to the segments of luxury, bridge-to-luxury, high-premium and high-street lifestyle, RBL has built a great understanding of the psyche of the Indian Consumer. With corporate offices in Gurgaon, Mumbai & Bangalore, RBL now operates over 50 brands spread over 430 stores and 345 shop-in-shops across the country and also own the retail concept stores The Tank & The White Crow across the country. In May 2019, RBL marked its first international foray by acquiring the British toy retailer, Hamleys. Globally Hamleys has 201 doors across 17 countries. In May 2019, RBL marked its first international foray by acquiring the British toy retailer, Hamleys. Globally Hamleys has 201 doors across 17 countries. In the same year, RBL also unveiled its multi-brand outlet The White Crow that showcases a unique curation of over 44 premium brands.
Profile Brief

Role: The Company’s merchandise mix and assortments are constantly evolving as merchants and planners focus on what customers want to buy and respond by providing best of the products on a wider variety of name brand merchandise. Incumbent is expected to drive & maximize Sales & Profitability in the business by providing effective Merchandise Strategies. Planning & In Season management of Assortment & Inventory by Stores/Region/Product Hierarchy to achieve or exceed Strategic Business Targets viz. Top-line, Sell-Thru, Gross Margin, etc. He/she must have a keen eye to detail and decisions driven by customer needs


Key Responsibilities:

  • Drive Automation in business reporting & Dashboards, planning procedures & functions, vendor payments, etc.
  • Design comprehensive as well as consistent strategies, planning model, tools & processes related to planning, scheduling, forecasting, and capacity & attrition management
  • Develop SOP to ensure smooth execution of planning strategies explicitly Sales strategy, Pricing Strategy & Assortment Strategy
  • Drive the demand planning strategy and collaborate with Leadership, Finance and B&M team to develop long-term and short-term plans
  • Perform cost/benefit analysis, analysing risk/reward trade-offs to drive operational decisions
  • Generate analysis and reporting to provide insights to cross-functional teams and Leadership and recommended actions necessary to enable continuous improvement
  • Develop & drive automation of processes to optimise cost of operation and do effective Business Reporting
  • Apply operational excellence methods to streamline processes and implement best industry practices
  • Relationship management with all partners – Brand partners, Channel partners, Company’s Leadership and Department Heads/SPOCs
  • Overview OTB Strategy & Order Management
  • Ensure to achieve budgeted Business KPIs such as Top line, Gross Margin, Inventory management, Sell Through and Promotions/Markdown Management


Desired Skills and Abilities:

  • Drive towards Cost optimization
  • Strong Data analytical skills & Critical Thinking
  • Be Innovative and constantly challenging/questioning existing ways of working to come up with sustainable and viable solutions
  • Demonstrate strong business understanding with flair for retailing
  • Cost optimization approach through automating existing processes
  • Proficient financial skills and knowledge with strong business acumen and ability to relate processes to business objectives
  • High energy, strong work ethic, disciplined execution skills, willingness to roll up your sleeves to support company growth and profitability
  • Love to collaborate cross-functionally with various teams
  • Thrives in a dynamic environment, adept at managing change and ambiguity outside of your control
  • Has a natural curiosity about better ways to accomplish goals, and the process discipline to re-iterate new ways of operating
  • Self-starter, exceptional communicator and good at interpersonal skills
  • Flexible and adaptable to change and ability to effectively function in a fluid environment


Education & Experience Required:

  • Post Graduate in Business Management/Retail Management from a reputed business or fashion institute
  • Min. 10 years of experience in similar role for retail Planning & Merchandising function
  • 5 years of leadership experience, influencing teams that are responsible for managing business operations
  • Strong experience in workforce management, business forecasting, cost-benefit analysis and executing operation concepts such as forecasting, demand planning, optimization, capacity management, and logistics
  • Preferred Industries – Organized Fashion Retailers/Ecommerce