Senior Merchandiser - Koton

Job Description

POSITION OBJECTIVE

• The position assists the Brand Manager to plan the product and assortment strategies that meets or exceeds financial goals.
• Coordinate all the activities related to allocation and delivery of merchandise to all the stores in the region.
• Assist in pre-season financial planning, in-season projections, open-to-buy management and new store budgets.
• Ensure balanced collection at stores, regular replenishment from warehouse and inter-store transfers.

Key Responsibilities

• Assist in merchandise plans for the category based on insights gained from merchandise mix, historical trends and future outlook projected by the brand.
• Analyze store profile based on reports, including weeks of stock, merchandise sales blend, inventory by store grade.
• Ensure effective in-season management (stock analysis and balancing, markdown management, stock vs. sale performance).
• Plan merchandise mix for each store and complete initial product allocation to stores and reserve management based on pre-distribution.
• Finalize seasonal assortment plan and size run book in collaboration with Sr. Merchandiser.
• Monitor the product line, pricing and developments of competitor brands.
• Ensure the ageing standards are followed and the stock turns are maintained as per the company policy.
• Manage margin negotiations, orders, stock distribution and product selection.
• Monitor and analyze both, the best sellers and slow sellers and take appropriate actions.
• Keep a track of actual sales vs sales forecasts, inventory checks, forth coming events and address the replenishment needs of the stores on day-to-day basis.
• Perform regular store visits and competition analysis, in collaboration with the Brand Manager and communicate findings to the Brand.