Assistant Manager Planning, American Eagle
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Job Location:
Monthly Salary:
Posted on:
23 hours ago
Vacancies:
1 Vacancy
Job Summary
Job Purpose
To support in managing the entire planning cycle including translating of budgets to a merchandise plan and provide the inputs to the buying team by synchronizing to brand success goals. Drive efficient allocation to channels and to stores to maximize productivity of stock.
Job Context & Major Challenges
American Eagle is the worlds largest denim retail led brand and an upcoming brand in India. The aim is to position AE in India as the most exciting denim led lifestyle brand as well and appropriate the space of a cool dynamic brand for Young Indians.
The Planning function is the backbone of the brands growth strategy in India. On the basis of key analytical inputs provided in terms of financials plans inventory management order management and reporting this function will be critical to manage working capital turns and drive brand financial success. Some major deliverables would be
in developing financial plans basis the overall business plans by channel Keep track of financial metrics to gauge the sales of products.
preseason Original Sales Plans - financial sales and inventory - consistent with the markets top-down goals to be used in development of the merchandise strategies for the season and to support line development and buying needs.
support in bringing inventory cover to the planned timeline without losing revenue opportunity. New systems will need to be put in to bring focus on smallest portions of slow moving inventory aligning the business to take timely and effective action to clear slow moving inventory.
sales reports and provide insights to the Brand Head/ Manager to identify corrective actions if any
fiscal control through analysis management and execution of promotions. Identify risks and opportunities to maximize sales profit
track of competition & provide insights and new ideas that can be incorporated.
on special projects that enhance the merchandising and planning processes and/or lead to opportunities for increased profitability
support the planning head in financial and promotion interactions with the International brand team & brand head CEO; support bi-weekly conversations around performance inventory and promotions
Key Result Areas
| KRA (Accountabilities) (Max 1325 Characters) | Supporting Actions (Max 1325 Characters) | |
|---|---|---|
| KRA1 | Brand Financials Maximize Sales @ Min Cost | Support in developing financial sales inventory plans ensuring alignment with overall business requirements in the form of annual/ seasonal business plan and OTB plans. Ensure adherence to the business plan to achieve the budgeted NSV SSPD Gross Margins sell through Review and update plan periodically. |
| KRA2 | Inventory Management | Prepare inventory plan based on retail sales projection pullback non-moving stocks and manage dormant inventory by strategic clearance. Order tracking to ensure timely deliver to stores. Support brand planning head in Managing Inventory turns |
| KRA3 | Efficiency management | Optimize GMROI / GMROF inventory turns Full price sell thru% |
| KRA4 | Curate business information | To be the definitive source of information about the business performance and oversee MIS availability / design for the business |
| KRA5 | Merchandize Grid Management | Analyse movement of various departments styles and sizes. Check trends and identify fast moving / Slow moving styles. |
Required Experience:
Manager
Key Skills
- Civil Design
- Economics
- Electro Mechanical
- Fashion Retail
- Access Control System
- B2C
About Company
Discover a world of financial solutions at Aditya Birla Capital – your trusted partner for investments, insurance, loans, and a wide range of financial services in India.
