Retail Buyer Aditya Birla Fashion and Retail Ltd.
Aditya Birla Fashion and Retail Ltd.
Office Location
Full Time
Experience: 5 - 5 years required
Pay:
Salary Information not included
Type: Full Time
Location: All India
Skills: Inventory Management, Market Intelligence, Competition Mapping, Training, Merchandise assortment planning, Buying Plan, Stock to Sale plan, OTB calculation, Flash Line creation, Target Setting, Sell thru reports, Range Architecture, Integrated Go To Market planning
About Aditya Birla Fashion And Retail Ltd.
Job Description
You should have a minimum of 5-7 years of work experience and a Master's degree in order to be considered for this position in Bangalore. Your main responsibilities will include: - Developing merchandise assortment plans for all stores. - Creating appropriate buying plans for the assigned category based on sales targets. - Setting ARP (Average Retail Price) targets for product categories. - Developing option plans and conducting in-depth analysis. - Formulating stock-to-sale plans for each season end-of-month/beginning-of-month. - Calculating Open-to-Buy (OTB). - Creating buying plans, including flash line, according to current trends for A+ stores. You will also be responsible for: - Setting monthly targets for each category. - Breaking down monthly targets into product categories. - Monitoring target versus achievement. - Producing merchandise plan reports. - Analyzing product performance from last year to last year. Additionally, you will oversee: - Inventory management, ensuring ideal stock cover for each product category is maintained. - Managing dormancy and pullback within specified norms. - Providing sell-through reports for week 1 and week 2 sales, as well as photo sell-through reports. You will be in charge of: - Developing stock and sale plans for product categories. - Comparing planned versus actual results. - Allocating products to each store according to the dispatch plan and size-wise analysis. - Tracking allocation versus actual dispatches. Furthermore, you will be expected to: - Stay informed on new launches, competition products, windows, and schemes. - Conduct competition mapping. - Provide training on merchandise, product, and visual merchandising. - Estimate market trends, product trends, and design trends. Your contributions will also involve: - Monitoring and enhancing the category contribution percentage of the total business on a Last Year to Last Year (LTL) basis. - Identifying new designs to be added to this category. You will need to: - Provide range architecture for a specific season. - Create category-wise option grids based on learnings from past seasons and market forecasting. Moreover, you will be responsible for: - Planning for a successful Integrated Go-To-Market (IGTM) story along with visual merchandising and design. - Designing one key store to reflect the IGTM story. - Implementing the IGTM story across stores.,