Damas Jewellery
Location
Mumbai | India
Job description
Job Location: Dubai Division: Diamond
Job Objective: This role is responsible for analyzing merchandise sales and planning a store’s inventory accordingly. To review and execute an allocation plan & and adapt it to what’s yielded by the sales. Complete ownership for Stock Consolidation, Stock Replenishment & creating Range plans to maximise profit of the Brand/Collection and building and driving Merchandising best practices. The role is also key to driving cross-functionality across key departments. Key Performance Indicators: Stock Consolidation Stock Replenishment Range Architecture NOOS Product Sell Out Purchase Plan Terminal Stock Analysis Principle Accountabilities: Stock Consolidation : Complete ownership to have right stock in right time and in right place. Stock Consolidation: Stock Replenishment Range Architecture NOOS Product Sell Out Purchase Plan Terminal Stock AnalysisComplete ownership to monitor the Sales & Stock performance and ensure timely Replenishment to achieve Sales Targets. Placing Replen Order : Ensure to place timely orders considering the lead time (from order placement to stock arriving in stores) and to avoid NOOS situation. Reports: Prepare regular reports to analyse Sales & Stock performance & action plan accordingly (including Sellout performance, actuals vs Targets, etc.) and review with Planning Manager. Communications: Constantly communicating with cross functions (Logistics, DC & QC, Finance, IT) & Product Team to ensure all teams are aligned with regards to stock arriving in store on time. Range Architecture Planning: Prepare analysis & review with Planning Manger to maintain right balance of Sales & Stock mix by Brand/Collection by market. Price Architecture – Prepare analysis & support Planning Manager in reviewing with Product, Retail & Finance team during selection / deselection of product by Brand by collections (taking into account our Discounts & Budgeted Margins). MD strategy : Support Planning Manager to prepare markdown strategy by collection to set Full price, Markdown and Promotional Activity margins. Inventory Management: Prepare summarized Inventory by Age Analysis for our further review and analysis with Planning Manager. Analysis: Analyse and manage the stock levels Requirements: Experience in Jewellery, Diamond division is a plus Qualifications and Education - University degree in business, ideally with Business/Commerce and sales focus or equivalent professional experience Experience - Minimum 3 years of experience in Diamond Jewellery, Product, Merchandising , Stock Assortment, Consolidation, Replenishment, Analysis Experience Core Competencies Work with ownership Advanced skills in MS Office (advance in Excel with formulas, Power Pivots, data management) Fluent in English Advanced knowledge of Retail Management Systems • Strong analytical skills • Structured, organised and process-orientated Attention to detail as errors in analysis will have a crucial impact on businessJob tags
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