• Deputy Manager-Planning & Inventory Replay

Location Maharashtra Mumbai
Experience Range 3 - 6 Years
Open

Job Description
About Us
Established in the year 2007, Reliance Brands Limited is an investment arm of Reliance Industries in Premium to Luxury segment of Retail. RBL began operations with a mandate to launch and build international and domestic brands in the premium-to-luxury segment across apparel, footwear and lifestyle businesses. Its current portfolio comprises of all long-term partnerships such as Bally, Kate Spade, Emporio Armani, Canali, Coach, Brooks Brothers, Diesel, MUJI, Steve Madden, Superdry, Hunkemoller, Iconix etc. We have 60 International Brands & Omni-channel partnerships in the country with over 700+ point of sales.
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:

  • Merchandising Strategy
  • To devise a buy plan after reviewing the product performance and inventory turn
  • To plan Option wise pricing in line with Annual Operating Plan
  • To assign base stock as per the Product Hierarchy & Store Location and manage the same to ensure each category is adequately represented at each store at all times
  • Gross Margin/P&L Management
  • Product pricing strategy to manage budgeted multiples
  • Optimizing Logistics cost
  • Discount budget management
  • Sell Through/Promotions Management
  • Generate and analyse inventory and sales reports to deduce relevant trends
  • Plan & communicate promotional activities to store team and in support to it, ensure adequate inventory
  • Best seller and slow mover management, planning stock rotation and restricting Opportunity Loss
  • Channel Management
  • Relationship management with all partners – Brand partners, SIS partners,      E-com partners and third party
  • Provide feedback on inventory health at various stores, circulate periodic reports like sell through, top sellers, slow movers, size set availability etc.
  • Build incentive plans for store teams – depending on prices, product and push strategy.


Desired Skills and Abilities:

  •    Demonstrate strong business understanding with flair for fashion retailing.
  •    Self-starter, exceptional communicator and good at interpersonal skills


Education & Experience Required:

  • PG in Retail Management/Fashion Management from a reputed business or fashion institute
  • Min. 5 years of experience in similar role for retail Planning & Merchandise allocation
  • Preferred Industries – Organized Fashion Retailers/Ecommerce companies


What’s in the Magic Box for You:

With its solid management team, loyal customer base, strong cash flow and return on equity, RBL is ideally positioned to successfully execute its growth strategies.

Every individual here can bring their purpose to life through their work and be a part of an environment of inspiring leaders. Join Us and become a part of this MAGIC BOX which will unlock your abilities of executing things in a manner and at a pace, where–You will surprise yourself!

As an Affirmative Action & Equal Opportunity Employer, RBL is proud to maintain a workplace characterized by mutual respect, inclusivity, and the celebration of diversity. We welcome qualified applicants for employment without regard to race, color, ancestry, religion, creed, gender, national origin, age, disability, veteran status, marital status, pregnancy, sex, gender expression or identity, sexual orientation, citizenship, or any other legally protected class.

 

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