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Functional Area: HLS Furniture Lighting
Position’s Objective:
Support category head(s) on demand & supply planning for the upcoming season.
Key Responsibilities:
Inventory Management:
- Ensure that the stock level of the category is within the prescribed limits as per company norms
- Monitor the stock cover to maintain optimum stock turns
- Tweak forward month buying based on the projected closing stock of the current and forward months
- Allocation & replenishment to stores as per capacity & customer profile.
- Stock rotation in market & Stock monitoring at the Warehouse
Category Planning
- Prepare option plan
- Create buy plan to breakup monthly targets and distribute the buying for the month accordingly
- Prepare OTB Plan
- Propose the bi annual discount list
- Prepare & do periodic review of yearly ARS projections
- Prepare monthly ARS plan – value wise, quantity wise
- Send monthly buy plan and product presentation to the markets to enable them to do store stock planning
Dispatch Planning
- Allocation planning with markets
- Upload STO on SAP as per STO Upload request
- Enable special requests from store/ customer request through stock rotation or from the product warehouse
MIS & Analysis
- Review costings style wise to ensure targeted GP & flag negative deviations from the targeted GP
- Generate department wise sales report, hierarchy wise sales and stock report, current month SKU wise sale report, ARS stock out report, Monthly/fortnightly sales report, Promotional trackers & provide insights
- Monitor store performance for the category
Education Qualification: MFM NIFT / Pearl / MBA
Knowledge & Skills:
- Product Knowledge
- Markets & geographies
- Category Planning
- Retail Operations
- Inventory Management
- Commercial Acumen