Merchandise Planner

V Mart; Gurugram District; On-site; INR 1,000,000 - 1,600,000; Full time

Job summary

V Mart in Gurugram, Haryana, seeks an experienced merchandise planner to drive annual, seasonal, and weekly plans with a focus on profitability and inventory optimization. You will analyze sales data, forecasts, and promotions to balance stock across stores and territories.

The role requires strong analytical skills and collaboration with Buying/VM/Marketing teams to ensure timely rollouts of campaigns and alignment with budget targets.

Responsibilities

• Develop annual, seasonal, monthly and weekly merchandise plans.
• Manage category store-wise sales budget and monthly budget reviews; project sales forecast.
• Review store grading, size ratios, assortment and MRP mix.
• Support pre-season plans, in-season projections, OTB and dept budgets.
• Prepare and maintain merchandise MIS analytics based on sales and forecasts.
• Maximize sales and profitability for the department/category.
• Assist in assortment plans using analytics and trends to guide decisions.
• Participate in assortment development and provide data to support decisions.
• Ensure in-season stock balancing, markdowns, and stock vs. sales performance.
• Maintain optimum inventory levels across concepts/territories respecting working capital constraints.

Skills

Merchandise planning

Forecasting

Inventory management

Data analytics

Open-to-buy

Job description

Job purpose:

Responsible for merchandise financial, strategic and assortment Planning, inventory stock optimization, and the category promotions

Primary responsibilities:

• Manage the development of annual, seasonal, monthly and weekly merchandise plans. Develop and communicate comprehensive department financial and product strategies.
• Manage the Category Store wise Sales Budget, Budget Review every month, Category Sales Forecast (Projection).
• Review of Store Grading & Store, Size Ratio/Pack size, Assortment/Color Analysis, Article MRP Mix.
• Support in determining high-level financial goals including pre-season financial plans, in-season projections, open-to-buy management (OTB) and new store budgets at dept level.
• Prepare and maintain department/category merchandise MIS analytics based on actual sales, sales forecasts, forth coming events and replenishment needs
• Maximizes Sales and profitability for the department/category
• Assist in the creation of merchandise/assortment plans for the category based on insights gained from merchandise analytics, customer preference, historical trends and future outlook projected by the buyer
• Actively participate in assortment development and review, providing data and analysis to support decision-making
• Ensure effective in season management across territories (stock balancing, markdown management, stock analysis, stock vs sales performance)
• Ensure optimum category inventory levels are maintained at concept/territory keeping in mind store requirements as well as working capital constraints
• Ensure excess category inventory is not maintained at the warehouses or the stores and there is proper adherence to the concept/territory ageing policy
• Provide inputs on the expected margins, possible price points and other parameters for promotions within the product category
• Help analyze the effectiveness of the promotions in achieving the targeted levels of sales and margins
• Help analyze the existing stock levels and liaise with the Buying/VM/Marketing team for timely roll out of promotional campaigns to maintain the territory / warehouse inventory holding norms as well to achieve targeted sales.