Sr. Executive (Inventory) - Babyshop

The role involves potentializing trading of all stores across territory. Maximizing profit and sales densities. Tailoring assortments to local trading conditions and coordinating new launches. Be the first point of contact within planning for store issues. Total 5 years of experience out of which 3 years should be in a similar role and similar industry. Graduate degree in commerce or business administration/ Post Graduate degree in Business Administration / Diploma in Retail discipline.

Execute initial allocations utilizing sales volume ranking, store clustering, territory, current planned events and signed off Range Plan

Ensure clear distinction between Initial Allocations of Fashion Product vs Continuity or NOOS Products

Manage Product Launch Dates based on Concept needs and Territory Feedback

Manage Allocations from Mega DC to RDC / Store ensuring buffer stock is minimized without impacting Stock Availability

Understand the Concept Critical Path and adhere to the deadlines.

Deliver an optimized Min Max Replenishment Model using the PARX Tool

Monitor and report on Department / Style Performance.

Perform Sales / Store Analysis to properly maintain Inventory Levels and identify Sales Trends including communicating the action plan to the planning team.

Manage the Location Sales Re-Forecasting Process to ensure all Locations and Classes have accurate and up to date forecasts.

Analyze reports and make recommendations regarding stock distribution using forecasted sales trends.

Liaise with the Territory Managers, Visual Merchandising, Demand Planning and Buying Teams to discuss stock issues and communicate / recommend necessary action to be taken.

Contribute to and attend Weekly Trade Meetings

Manage the fulfillment of New Store Openings, Store Closures, Store Refurbishments and Space Changes to tailor Assortments to Local Trading conditions and deliver on-time launches.

Align with the Operations Team on New Store Option Counts and Opening Packages

New Store Set Ups and Analysis

Existing Store Analysis and Clustering

Support Demand Planning Team in Optimizing Flow of product through the Distribution Channels

Ensure Stock Distribution is aligned to Trading Opportunities including coordinating Terminal Stock Movement

Manage Product Life Cycle including IBT’S, Markdowns and Price Adjustments

Markdown File Uploads / PDT’S and Ministry Lists communicated to Territory Heads

Complete Quarterly Post-Seasonal Analysis and Present Key Take-outs to all Stakeholders

Territory and Local Store Visits to remain abreast of Product Performance, Trends and shifts in CUSTOMER Behavior