Inventory Management: Monitor and manage inventory levels to optimize product availability, reduce excess stock, expiry management and minimize
carrying costs.
Sales Forecasting: Use data analysis and historical sales trends to
create accurate sales forecasts by product category, store location, and
season.
Open-to-Buy (OTB) Preparation: Develop and track the Open-to-Buy
calendar for the year. Please the OTB plan along with the budget as per
the calendar to ensure timely stock ordering for the brand
Allocation and Replenishment: Allocate merchandise to stores based
on demand and sales performance and implement replenishment
strategies to maintain optimal stock levels.
Promotion Planning: Collaborate with marketing and sales teams to
plan and execute promotional events, ensuring that inventory levels can
support increased demand during promotions.
Vendor Collaboration: Work closely with packaging and logistics
vendors to negotiate terms, quantities, and delivery schedules to meet
inventory needs and customer order delivery timelines.
Data Analysis: Analyze sales, inventory, and other retail data to identify
trends, opportunities, and potential issues. Provide actionable insights to
drive decision-making.
Seasonal Planning: Develop seasonal merchandise plans, taking into
account seasonality, trends, and holidays.
Reporting: Prepare regular reports and presentations on sales, inventory,
and performance against targets for management and other
stakeholders

Retail Planner

Job Description