Requisition Title:Assistant Manager – Planning - Bangalore
Primary Location:IND-KA-Bangalore -Yemulur location
Introduction about the Business_1
Fashion is perhaps the very first expression of success of a free nation. Fashion is a celebration and a joy. It is an expression that can manifest itself in different ways for different people and these ways are forever evolving. Aditya Birla Fashion and Retail Ltd. (ABFRL) emerged after the consolidation of the branded apparel businesses of Aditya Birla Group comprising ABNL'S Madura Fashion division and ABNL's subsidiaries Pantaloons Fashion and Retail (PFRL) and Madura Fashion & Lifestyle (MFL) in May 2015. Post the consolidation, PFRL was renamed Aditya Birla Fashion and Retail Ltd "This consolidation will create India's largest pure play Fashion and Lifestyle Company with a strong bouquet of leading fashion brands and retail formats. This move brings India's #1 branded menswear and womenswear players together." - Kumar Mangalam Birla, Chairman, Aditya Birla Group. ABFRL has been founded in the belief that the first sign of success of a modern nation lies in the ability of its citizens to celebrate. India's young working population and robust economic performance has led to rising incomes which, combined with increasing global exposure, are empowering many latent wants to morph into demands. With retail expanding independently through brick and mortar as well as e-commerce, the Indian fashion consumer now deserves futuristic and comprehensive omni-channel options. The time for ABFRL to arrive was ripe. ABFRL aims to catalyse the business of fashion through superior infrastructure and experiences, towards a new future. ABFRL brings together the learnings and businesses of two renowned Indian fashion icons, Madura Fashion & Lifestyle and Pantaloons Fashion and Retail. This will create a synergistic core that will act as the nucleus of the future fashion businesses of the Aditya Birla Group. ABFRL is India's No 1. Fashion Lifestyle entity with a combined revenue of INR 6,633 crore for FY'17, growing at a rate of 10 percent and EBITDA of INR 476 crore for FY'17 that has grown at 18 percent over the last year. The ABFRL umbrella includes: Madura Fashion & Lifestyle The custodian of several icons, including the top four fashion brands of India - Louis Philippe , Van Heusen, Allen Solly and Peter England — each of which clocked MRP sales in the vicinity of INR 1,000 crore. It also includes India's first fast-fashion youth brand,People; India's largest fully integrated fashion multi-brand outlet chain, Planet Fashion; India's largest premium international brand retailer, The Collective and the British fashion icon, Hackett London's mono-brand retail in India. ABFRL has acquired exclusive online and offline rights to market the global brand – ‘Forever 21’ and its existing store network, in the fast-fashion segment in India. To expand its international portfolio, ABFRL entered into exclusive partnerships with two of UK’s most successful fashion brands, ‘Simon Carter’ and `Ted Baker’.
Support in developing financial, sales, inventory plans, ensuring alignment with overall business requirements in the form of annual/ seasonal business plan and OTB plans.
Insure adherence to the business plan to achieve the budgeted NSV, SSPD, Gross Margins, sell through Review and update plan periodically.
Prepare inventory plan based on retail sales projection, pullback non-moving stocks and manage dormant inventory by strategic clearance.
Order tracking to ensure timely deliver to stores. Support brand planning head in Managing Inventory turns
Optimize GMROI / GMROF, inventory turns, Full price sell thru%
To be the definitive source of information about the business performance and oversee MIS availability / design for the business
Analyse movement of various departments, styles and sizes.
Check trends and identify fast moving / Slow moving styles.
Indian Rupee (INR)
3 - 5 Years
Reports to: Assistant Manager – Planning
Last Date of Application
Sep 30, 2019, 6:29:00 PM