Reliance Brands Limited - Manager - Retail Planning

Position - Retail Planner

Role :

- Retail planner advises retail stores on all aspects of strategy, planning and development to maximize sales.

- Retail planners use sales information to forecast the best products to sell and next possible trends.

- He-she works towards converting inventory to sales in the least possible time.

Key Responsibilities:

- Create business strategy product and pricing strategy.

- Work on Buy plan-OTB plans based on business projections.

- Analyzes actual sales to plan, to monitor progress of product line across stores and establish current and future trends.

- Assign base stock, category-wise for each store, based on past trends and ensure each category is adequately represented at each store at all times.

- Analyze market and delivery systems to assess present and future material availability.

- Liaise with the buyer, store teams and logistics to ensure products are on the move to meet the sales targets.

- Generate and analyze inventory and sales reports.

- Provide feedback on inventory health at various stores, circulate periodic reports like sell through, top sellers, slow movers, size set availability etc.

- Build incentive plans for store teams depending on prices, product and push strategy.

Role Requisites:

- The stores meet-exceed their product-wise targets consistently i.e. right product at the right store at the right price.

- Achieving 65% sell through at 100% price, with minimum 85% overall sell through of all products.

- Accuracy of all types of MIS facilitating business results.

Desired Functional and Behavioral Skills

- Must have good analytical skills and detailing.

- Ability to respond to changes in the market.

- Forecasting skills and the ability to determine sales trends in the market

- Good economic sense with strong budgetary controls.

- Good networking skills

- Good brands and product appreciation in respective category.

Education & Experience Required

- Minimum 7 year of experience of handling single or multiple store in premium-luxury segment.

- Analyze market and delivery systems to assess present and future material availability.

- Ability to mobilize inventory to sales across stores.

- Liaise with the buyer, store teams and logistics to ensure products are on the move to meet the sales targets.

- Prepare reports regarding market conditions and merchandise costs.

- Demonstrate strong business understanding with flair for fashion retailing.

- Ability to communicate effectively and influence buying decisions. In line with the social media post content for easy recall &

uniformity in RBL language