About the role
- Provide inputs based on the analysis conducted and implementation of MGD's inventory allocation strategies, merchandise assortment, and other related strategies.
- Monitor store category sales and plan tools and design strategies to increase financial performance for all merchandise.
- Conduct analysis & derive suggestions for planogram, product life cycle, and inventory allocation strategies in MGD Retail Pan India to facilitate decisions on the choice & presentation of the product.
- Prepare and upload Planogram for the new store/renovation/amendments in coordination with store/region/headquarters.
- Plan inventory up-stocking and assortment mix in MGD retail according to the study conducted on timing and scope of seasonal changes.
- Conduct demand and sales forecasting on a monthly basis and review by analyzing data and MIS derived and suggest rectifications in physical inventory.
- Assist in developing the supply strategies in collaboration with the Senior Management which will minimize stockouts while maximizing inventory turnovers.
- Identify product life cycles and publish them in advance to avoid Slow/Non-moving stocks/Entry and Exit plans.
- Conduct analysis of portfolio management/design bank to ensure design/category presence as per the product policy and norms.
- Ensure adherence to the process followed for placing the order, SCM Processing, and confirm the fine-tuning of the system.