Manager - Retail Planning - Polo Ralph Lauren - Baltimore, United States - Birla Carbon

Description

Strategize appropriate product mix by market
Optimum utilization of the new season merchandise by ensuring availability of the merchandise on the floor (allocations/inter store transfers)
Gross Margin management
Driving full price sales
Tracking the IMU (intake margin) based on the actual cost and retail price against the plan and analyse various components of the cost
Managing mark down budgets to ensure GM delivery
Seasonal Planning/OTB management/Inventory Turns management
Reforecast Sales and Stocks and OTB (merchandise financials) on a monthly basis against plans
Ensure Buying plan is in line with merchandise strategy
Track order placed against OTB to take corrective actions towards future buys
Checking /signing off orders placed against plan (Qty, Price, Margin, Delivery)
Forecasting the sell thru of a season to track against budgeted sell thru and closing inventory
Ensure there is timely flow of information between Buyers, Commercial, Stores and Finance towards all processes related to stock management
Tracking of sales performance against the weekly budgets at business, department level and taking necessary actions to boost sales
EOSS management
Monitor stock levels and highlight key observations and concern area
Provide inputs on the merchandise to be pushed for sales
Stock Transfers and Allocations
Stock allocation across Channels in WH
Ensure all store and WH led issues are sorted in minimum lead time
Propose a phase in - phase out policy for discontinued lines/ Pull Backs as agreed by all concerned

MIS
Ensure and drive more efficient data management through enhanced systems support.
Standard reporting/automatic reporting with ease of handling data
Daily, weekly, monthly sales and stock analysis

Key highlights of business by analysing various parameters like Sell Thru, Rate of sale, Weeks Cover, MD, Margins, NSV, COGS, inventory turns, sales mix etc.

Creating detailed style level sell thru reports
Various category, department, size analysis to draw trends to improve business
Any other time based business analysis
Prepare order status reports on regular basis
Prepare inventory status reports and highlight key observations
Highlight the deviations and report reasons for delay in order execution
PPM & BCDS Management
Collate orders placed at trade shows/ forward bookings by various customers, agents, retail channels etc.
Ensure orders are punched in the system on time for servicing
Understand the capacity of mills / garment factories to deliver in relation to the orders placed
Interface with customers in case of unavailability of FG demanded
Propose merchandise options to customers in case placed orders can't be met in full
Please ensure the completeness of application. Incomplete Application will not be accepted.
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