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Assistant Manager - Demand Planning

About the Job


As Asst Manager – Merchandising / Demand Planning, you will be responsible for building & tracking the OTB plan and merchandise assortments that generate high sales, profit and inventory turnover. In addition, you will be accountable for the development, coordination, and review of the product assortment by product category as well as the financial planning and inventory management of each product category. 


Role & Responsibilities

  • Responsible to make the OTB plan as derived from the Business Plan and will be responsible to ensure that sell-through and inventory turn goals are met.
  • Formulate range for seasonal merchandise based on business analysis
  • Provide the sourcing team with purchase quantification of styles in order to maximize sales and inventory levels
  • Monitor and evaluate sales of current styles on a weekly basis, partnering with the logistics team to effectively manage receipts and inventory
  • Partner with Sourcing team in the development of seasonal assortments by providing insight into inventory levels of current and past assortment
  • Identify inventory levels needed to support the rate of sale and the markdown strategy for a merchandise area based on sell-through percent, and planned product life span
  • Develop style-level plans based on current forecast, historic trend and test information for key items
  • Analyze and revise the financial strategy for current trend or actual performance on a monthly basis to maximize sales and profitability.
  • Develop markdown strategy based on sell-through percent and planned product life span. 

 

Desired Experience and Skills

Education : Graduate
Years of Experience : 4 - 7 years
 

Should have :

  • Expert command of retail math concepts and applications
  • Strong problem solving and analytical skills – ability to synthesize and analyze multiple sources of data
  • Excellent communication skills
  • Advanced business knowledge of retail and merchandising concepts
  • Ability to work in a team, fostering a high level of individual growth and contribution
  • 4-7 years work experience in retail planning required 
  • Computer literate, Expert level skills in excel
     
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