Develop seasonal and annual merchandise plans for factory outlets.
Create OTB (Open-to-Buy) and assortment plans by category, gender, price band, and store cluster.
Align product strategies with business goals and inventory targets.
Ensure healthy stock levels across all factory outlets.
Manage stock aging, slow movers, and inventory liquidation planning.
Optimize stock turns and minimize inventory holding cost.
Allocate merchandise to stores based on store capacity, sales trends, and customer profile.
Plan weekly/monthly replenishments to avoid stock-outs.
Transfer stock between stores to improve sell-through.
Analyze sales performance by store, category, and product line.
Forecast monthly and seasonal sales based on trends and past performance.
Identify opportunities to improve sell-through and margin.
Plan discounting cycles and promotional pricing for factory outlets.
Implement markdown strategies based on inventory age and demand.
Track margin impact and ensure pricing aligns with profitability targets.
Review store KPIs (ASP, sell-through %, stock turn, conversion).
Work with store operations to improve display, assortment, and stock health.
Develop strategies to boost performance of underperforming stores.
Work with Buying, Retail Operations, Supply Chain, Finance, and Warehouse teams.
Coordinate with logistics for timely stock deliveries.
Prepare weekly/monthly MIS on sales, inventory, aging, and sell-through.
Present business reviews to senior leadership.
Maintain planning dashboards and store-wise performance sheets.
Lead a team of planners, allocators, and analysts.
Train team members on planning tools, data analysis, and merchandising standards.
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