Senior Manager Replenishment
Weekday AI Mumbai Full-time
This role is for one of the Weekday's clients
Salary range: Rs 2000000 - Rs 2500000 (ie INR 20-25 LPA)Min Experience: 7+ years
Location: Mumbai
JobType: full-time
As the Senior Manager, you will be responsible for ensuring optimal stock levels, analyzing market trends, and effectively managing the replenishment process. You will play a critical role in maintaining a seamless flow of products to our stores and ensuring customer satisfaction.This is a leadership position that requires strong analytical abilities, strategic thinking, and excellent stakeholder management skills.
Requirements
Brief Job Description (just an indicative list and not limited to the following):
- Market research and analysis on latest trends
- New Design Introduction – Stock fill planning
- Based on the data placing order for the products with vendors
- Assess quantity of product against demand and supply
- Responsible for finalizing quality and caratage of the products
- Ensuring required Jewellery delivery with the TAT.
- Identifying the location where the product will be most desired
- Design offers and discount to be associated with the product
- Design Ranking
- Product Life Cycle Management
- Coordinate with the stores for replenishment on daily basis.
- Season Up stocking
- Strong in excel & stakeholder management
- Data Gap Analysis for New Product Introduction
- Sales and Order projection
- Market benchmarking – Gold rate, diamond rate, buyback, exchange, making charges
- Bachelor’s degree in business administration, Marketing, or a related field. A master's degree is a plus.
- Proven experience in replenishment management, preferably in the jewellery or luxury retail industry.
- Strong analytical skills and proficiency in data analysis tools, including advanced Excel.
- Excellent stakeholder management and negotiation skills.
- Strategic thinking and ability to make data-driven decisions.
- Strong knowledge of market trends and an understanding of customer preferences in the jewellery industry.
- Familiarity with product life cycle management and inventory control principles.
- Exceptional organizational and time management abilities.
- Effective communication and presentation skills.
Must-have skills
Replenishment, demand planning, merchandising
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