Assistant Buyer | Ralph Lauren

Key Result Areas

Supporting Actions

Assisting Buyer in the selecting & sourcing of Merchandise assortment/mix for GL stores
• Create appropriate buying plan for assigned category as per Sales targets for GL stores – Updating Order Master.
• Create Purchase Orders (POs), review Order Confirmation (OCs) and track the progress of orders to ensure on-time delivery.
• Creating in season express orders on a need basis.
• Set ARP targets for product categories
• Create Option plan and conduct depth analysis
• Formulate Stock to Sale plan for a season – EOM / BOM
• OTB calculation

Collaborating with brands
• Collaborate with brands to negotiate pricing, terms & delivery schedules to achieve best value – Order Confirmation Management.
• Build positive long-term relationships with brands

Tracking Stock Management
• Plan, monitor & maintain Ideal stock cover for each product category in stores.
• Plan for inter-store transfers to achieve maximum value (AMM).
• Fill rate management.
• Ensure timely online availability of stock.
• Dormancy within specified norms
• Pullback within specified norms
• Sell thru reports on Excel for Week1, week2 sales
• Photo Sell Through report

Information/Data Management
• Timely Updating Brand Catalogues.
• Updating UDA & BNF in style masters.
• Updating Brand sell-through reports.
• Creating top seller bottom seller reports.
• Preparing Sell-through reviews & department reviews.

Provide inputs for Monthly Target setting in each category
• Breaking up of Monthly targets into product category
• Target Vs achievement
• Merchandise plan report
• Product performance Lk2Lk

Being a custodian in formulating the Stock & sale plan
• Product category wise dispatch plan
• Planned Vs actual
• Allocation plan for each store as per dispatch plan and size wise analysis
• Tracking allocation vs. actual dispatches

Market Intelligence
• New launches (competition product / window / schemes)
• Competition Mapping
• Training (Merchandise, Product & VM related)

Track the Core Business Contribution
• Monitoring to enhance the category contribution % of total business of LTL basis
• Identifying new designs to be added to this category

Help in creation of Retail Design Brief
• Designing a retail brief to design – option grid & learning of past season

Integrated Go To Market (IGTM)
• Planning for a successful IGTM story along with VM and design
• Dressing up one key store for the look
• Roll – out across stores

Integration with space planning
• Working in close co-ordination with retail planner to closely monitor returns from space allocated