Senior Associate Merchandising and Allocation (Third Party)
Job Summary
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Reports to: Lead Specialty and Liquidation Channels
Location: Bengaluru
Position Summary: Manage merchandising and allocation across counters of Key Accounts like Metro Mochi Footlocker Metro Active Superkicks Veg & Non Veg Limited Edition and their respective omnichannel. Overseeing day-to-day operations and performance. Collaborate closely with sales buying and operations teams maintaining a strong connection with the product line and customer trends to develop effective allocation strategies.
Key Objectives:
- Responsible for ensuring the availability of the right stock at the right place and time thereby enabling sales achievement.
- Collaborate with Visual Merchandising (VM) Retail Operations and Sales teams to ensure seasonal rollouts are aligned and implemented as per plan.
- Ensure timely dispatch of incoming new season stock to respective stores as per the launch plan.
- Execute accurate replenishment and maintain healthy stock levels at the SKU level to avoid lost sales opportunities.
- Manage RTV (Return to Vendor) to the warehouse and facilitate stock consolidation between stores to reduce slow-moving merchandise and improve store assortment.
- Work closely with the buying team to ensure buys are placed in the right product types attributes based on forecasted requirements store grading & banding and strategic inputs.
- Assortment Planning & Performance Monitoring
- Prepare seasonal assortment plans ensuring the right mix at Division Gender Category MRP band and product type level.
- Monitor style performance through regular tracking of Rate of Sale (ROS) and Sell Through.
- Prepare article-level discount lists during End of Season Sale (EOSS) to achieve planned net sales targets within the budgeted markdown percentage.
- Drive weekly and monthly reporting and analysis; present insights during sales meetings.
- Constantly aim to improve the efficiency of replenishment and allocation processes by refining the allocation inputs to maintain optimal SKU-level inventory.
- Collaborate closely with the retail sales team to identify operational gaps and implement corrective actions.
- Maintain optimal stock cover across stores.
- Maintaining article master for key accounts and product listing.
Key Performance Indicators:
- Net Sales
- Sell Thru %
- Markdown (Discount%)
- Stock Cover
- Gross Profit (GP) and GP%
- Comp and Growth
Organizational relationships:
- Internal: Operations Sales Buying Planning Warehouse
- External: Key Account Warehouse and Logistics Team Key Account Store Operations team Key Account Warehouse and Logistics Team
Eligibility Criteria And Functional Competencies Required:
- MBA / MFM / from a reputed institute with 1-2 years of relevant
- Or BFM with 4-5 years of relevant experience in retail merchandising trading or planning.
- Strong proficiency in Advanced Microsoft Excel is a must.
- Excellent analytical and numerical skills.
- Strong communication and interpersonal skills for stakeholder management.
- Self-motivated and driven; capable of working independently with minimal or no supervision.
- Ability to multitask and prioritize work based on business needs.
- Analytical and inquisitive mindset with a keen eye for detail.
- Willingness to learn and adapt to new technologies/tools as required by the business.
- Interest in sports or active participation in any sport will be an added advantage.
PUMA provides equal opportunities for all job applicants regardless of race color religion national origin sex
gender identity or expression sexual orientation age or disability. Equality for all is one of the core principles at
PUMA and we do not tolerate any form of harassment or discrimination.
At PUMA every application is reviewed by real people who are committed to fairness transparency and equal
opportunity - no matter your background identity or ensure our process stays true to these values no automated systems or AI tools are used to make hiring decisions. Every decision is made by real people -with real judgment and accountability. We may use functions supported by Artificial Intelligence (AI) to carry out isolated organizational steps such as scheduling interviews. These functions have no influence on decisions in the application process. We believe in creating spaces where everyone is welcome celebrated and empowered to contribute authentically. Because at PUMA whoever wants to play can play.
PUMA is a global sports brand creating footwear apparel and accessories that inspire athletes and everyday movers. The PUMA Group owns PUMA Cobra Golf and stichd operates in 120 countries and has around 22000
employees worldwide.
Required Experience:
Senior IC
About Company
PUMA is one of the world's leading sports brands, designing, developing, selling and marketing footwear, apparel and accessories. For over 65 years, PUMA has been producing the most innovative products for the fastest athletes on the planet. PUMA offers performance and sport-inspired ... View more