Burgundy Hospitality - Mumbai, India - Burgundy Brand Collective

Description

This year, Burgundy Brand Collective will be launching a leading luxury kidswear brand in India. The Merchandise Planning Senior Manager will play an important role in establishing the brand and its success in India. The role will suit a highly entrepreneurial Merchandiser with exceptional experience in fashion merchandising in India.

The Merchandise Planning Manager will use a data-driven approach to optimize sales, margin and inventory in an omnichannel environment.

They will forecast future seasonal demand at category - subcategory level for each region, maximize sell-thru in-season by collaborating with key internal and external Define the sales plan and OTB for a retail and e-commerce luxury kidswear business.

• Develop the merchandise strategy, using data-driven input from sales trends, market conditions and supplier demands to drive profitable decision-making.
• Develop and provide buying with category assortment recommendations plans and sizing analysis by channel and sell-through reports at SKU Level by stores which are aligned with the merchandise strategy and proactively suggest improvements to optimize revenue and profitability through what-if scenarios.
• Monitor inventory aging and recommend actions on markdowns and liquidation to achieve inventory targets considering Category and Brand identity.
• Drive pricing strategy and plan seasonal markdowns by item to maximize sales and gross margin in collaboration with Buying and Retail.
• Assess and highlight risks and opportunities on sales, gross margin and inventory, based on supply or demand gaps, recommending possible solutions.
• Re-plan business in-season based on latest performance and present it to management with recommendations.
• Monitor inventory mix in each location and recommend seasonal stock transfers, if needed, in order to boost sales.
• Developing relations with brand partners and managing day-to-day queries and liaising.

Skills and experience required:
1. 6+ years of experience in planning in Fashion Retail and/or accessories.

• Highly analytical and data-driven working comfortably with quantitative figures.
• Advanced knowledge of Excel and MS Office and planning tools.
• Experience in forecasting, merchandise planning, allocation, replenishment and financial planning processes and systems.
• Commercially minded problem-solver with a proven track record of delivering financial targets.
• Strong stakeholder management, aiming for a win-win solution.
• Excellent communication, influencing and presentation skills.
• Knowledge of retail & fashion business.
• Communicate candidly and value open debate to ensure the best ideas come to life, collaborating with stakeholders.
• A self-starter who can take a high level of ownership and can work in a new business environment.
• Process-oriented with an ability to build robust systems and processes
• Strong English communication skills.
• Kidswear and accessory merchandise planning experience is advantageous. Retail merchandising experience is mandatory.

Location:
Mumbai

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