Seasonal and annual planning for factory outlets
Determine product assortment, categories, sizes, colors, and quantities
Preparing OTB (Open-to-Buy) budgets
Manage stock levels to avoid overstock and stock-outs
Plan liquidation of slow-moving inventory
Develop inventory aging strategies
Allocate merchandise to each outlet based on store profile, size, and demand
Regular replenishment planning
Adjust stock distribution across outlets
Analyze sales trends of factory outlets
Forecast sales based on historical performance
Prepare weekly/monthly sales reports
Plan promotional pricing and markdown cycles
Maximize sell-through while protecting margin
Ensure discount strategies fit company policy
Work closely with:
Retail Operations
Supply Chain
Buying Team
Finance
Warehouse / Logistics
Work with sourcing and buying teams for product lifecycle
Approve final product assortment for factory outlets
Improve store KPIs:
Sell-through %
Stock turn
GMROI
ASP (Average Selling Price)
Weekly sell-through analysis
Inventory ageing reports
Planning dashboards
Seasonal performance analysis
Lead planners, allocators, and merchandising executives
Train teams on planning tools and processes
High salary package due to senior leadership role
Quarterly or annual performance incentives
Bonus based on sales growth, inventory performance, and sell-through targets
Medical insurance for employee and family
Accidental & life insurance
Wellness programs in many retail companies
Clear pathway to positions like:
Category Manager
Head – Merchandising
Head – Factory Outlet Business
Retail Planning Director
Opportunities to lead national-level planning projects
Heavy employee discounts on brand products (shoes, apparel, accessories)
Travel allowances, food allowances, laptop, mobile reimbursements
Training in merchandising tools, BI dashboards, planning systems
Exposure to leadership programs and global retail practices
Mostly office-based role with structured working hours
Hybrid work option in some companies
Direct interaction with business heads, buying teams, and retail leadership
Opportunity to influence national retail strategy
Business Model & Strategy Product Segments: PUMA operates across several categories: Football, Running & Training, Basketball, Golf, and Motorsports. Distribution Channels: They sell via wholesale (other retailers) and direct-to-con... Read More