Immediate Hire: Merchandise / Retail Planner (1-3 Yrs)
Gitanjali Gems Ltd.Job Highlights
Required Skills
Job Description
Role Summary:
We are seeking a highly analytical and data-driven Merchandise / Retail Planner with a Doctorate/PhD to join our dynamic team. This role is crucial for optimizing our product assortment, inventory levels, and sales performance across our retail channels. You will leverage advanced analytical techniques and strategic thinking to drive profitable growth and enhance customer satisfaction. This is an excellent opportunity for a recent PhD graduate looking to apply their rigorous academic background to real-world business challenges in the vibrant Indian gems and jewellery market.
Key Responsibilities:
- Analyze sales data, market trends, and competitor activities to identify opportunities for product assortment optimization and inventory management.
- Develop and execute merchandise plans, including sales forecasting, assortment planning, and allocation strategies, to meet financial targets.
- Collaborate with design, sourcing, and marketing teams to ensure alignment between product development, inventory availability, and promotional activities.
- Monitor inventory levels across all retail locations and distribution centers, implementing strategies to minimize stockouts and reduce excess inventory.
- Conduct post-season analysis to evaluate performance, identify key learnings, and inform future planning cycles.
- Utilize statistical modeling and quantitative analysis to forecast demand and optimize pricing strategies.
- Prepare regular performance reports and presentations for senior management, highlighting key insights and recommendations.
- Stay abreast of industry best practices and emerging trends in retail planning and merchandise management.
About Gitanjali Gems Ltd.
Gitanjali Gems Ltd. is one of India's leading jewellery manufacturers and retailers, with a rich heritage spanning several decades. Established in 1983, the company has grown to become a significant player in the global diamond and jewellery industry. Gitanjali Gems is renowned for its integrated business model, encompassing diamond sourcing, cutting and polishing, jewellery manufacturing, and retail distribution across India and internationally. They operate through a multi-brand strategy, offering a diverse range of jewellery products catering to various customer segments.
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