Assistant Planner
2 months ago
POSITION DESCRIPTION DOCUMENT
BASIC INFORMATION
Position Title
Planner - Ecommerce
POSITION OBJECTIVE
The job holder will be responsible for maximising sales and profitability in the business by providing effective merchandise strategies, planning and in season management of assortments and inventory level for Online business (E-com).
DO — Key Responsibilities
1.
Merchandise Financial, Strategic and Assortment Planning
Maximise Sales and profitability for the Ecom
Determine high-level financial goals including pre-season financial plans, in-season projections, size level availability and new product launches online
Prepare and monitor Ecom merchandise MIS analytics based on actual sales, sales forecasts, new product launches, inventory checks, forth coming events, replenishment needs etc
Ensure creation of merchandise plans for all department/category based on insights gained from merchandise analytics, customer preference, historical trends and future outlook projected by Ecom category managers
Discuss, decide and freeze the concept merchandise strategic plans around the following factors
- Financials
- Sales,Stock, Margins, OTB (Online Exclusives), Mark Down management etc
- Availability
- Subgroub level Sales, Order Quantity, Allocation, Replenishment etc
- Assortment
- Style, Price, Brand, Supplier etc
Communicate the merchandise strategic plan to buying team and central planning teams for necessary execution
Execute effective in season management palns from central planning to online channel across territories (stock balancing, markdown management,stock analysis, stock vs sales performance)
Review the merchandise plans on a periodic basis to ensure profit is maximized and maintained to reach target levels
Ensure that the standards of Merchandise procedures and Methodologies are maintained and kept uniform
Keep abreast of the latest trends in Merchandise Planning and discuss the same with the Category Manager from time to time to assess alignment / realignment of existing processes
Ensure Price, bundle offers, promotions are constantly updated and checked with B&M and Online. Ensure base price parity between the channels
2.
Inventory Stock Optimization
Ensure optimum inventory levels are maintained at Concept/Territory keeping in mind B&M and Online requirements as well as working capital constraints
Ensure that no instances of stock outs occur on account of any discrepancy on part of merchandise planning especially on NOOS and Basic lines
Ensure excess inventory is rebalanced from Online stock location and reallocated to common pool for maximising the sell thru of the product
Ensure high levels of size level availability is maintained online in line with the company policies
3.
Category Promotions
Provide inputs on the expected margins, possible price points and other parameters for promotions within the product category
Analyse the effectiveness of the promotions in achieving the targeted levels of sales and margins
Analyse the existing stock levels and liaise with the Marketing/VM/Buying team for timely roll out of promotional campaigns to maintain the territory / warehouse inventory holding norms as well to achieve targeted sales
4.
Inseason Management
Ensure effective inseason management through regular analysis and action planning across concept and territory based on the performance around the following anchors.
- Sales vs Stock
- Inflows/OTB
- Stock analysis
- Stock balancing
- Margin analysis
Communicate and facilitate action to be taken on out of line situations with Territory Managers
Visit territories and stores to be abreast with product performance and trends.
Monitor, Manage and Improvise Planning MIS
Ensure adequate merchandise performance
4.
People Management
Manage and support team recruitment
Monitor team development and facilitate complaint resolution
Set KRA's for direct reports and conduct performance appraisal
Oversee team deployment and drive motivation levels of the direct reportees
**Qualifications**:
POSITION DESCRIPTION DOCUMENT
BASIC INFORMATION
Position Title
Planner - Ecommerce
POSITION OBJECTIVE
The job holder will be responsible for maximising sales and profitability in the business by providing effective merchandise strategies, planning and in season management of assortments and inventory level for Online business (E-com).
DO — Key Responsibilities
1.
Merchandise Financial, Strategic and Assortment Planning
Maximise Sales and profitability for the Ecom
Determine high-level financial goals including pre-season financial plans, in-season projections, size level availability and new product launches online
Prepare and monitor Ecom merchandise MIS analytics based on actual sales, sales forecasts, new product launches, inventory checks, forth coming events, replenishment needs etc
Ensure creation of merchandise plans for all department/category based on insights gained from merchandise analytics, customer preferenc
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