Assistant Manager - Product & Sourcing-Bangalore
Aditya Birla Group
Bengaluru, Karnataka
Requisition Title:Assistant Manager - Product & Sourcing-Bangalore

Job Number::190104V6

Schedule:Full-time

Primary Location:IND-KA-Bangalore -Yemulur location

Organization:Style Up Business

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’.

Description

Merchandise Grid Management:
  • Conduct trend analysis from the available sales data
  • Obtain feedback of past performance of offering’s from key channel partners
  • Running costing sheets to maintain budgeted GP/CBA and providing inputs to finalize MRPs accordingly
  • Manage product price and maintain PC to MRP ratio as per the budgets
  • Indenting/quantity finalization at SKU level for all product categories
  • Develop a merchandise grid for the season
  • Provide the brand brief to Design studio for the season
Co-ordinating with various interfaces to ensure production of right merchandise mix as per time schedules:
  • Ensuring planned grids are implemented in production and PPM numbers are achieved.
  • Ensuring regional market requirements are met (onam/puja/EOSS)
  • Ensuring salesman sample / write-up / booking kit to accompany monthly offering
  • Finalize Goldseal/material requirement plan
  • Work closely with retail and other channels and understand their requirements and manage product range to fulfil the same.
Inventory Management :
  • Conducting Sell through analysis
  • Managing leftover raw material, repackaging, re offering and dormancy control
Team Management :
  • Set goals and identify skill gaps of the team
  • Resolve conflicts, if any among the various interfaces
  • Coaching and mentoring of team members
  • Team motivation
Qualifications

Bachelor's degree (+_16 years)

Indian Rupee (INR)

Experience Level

9 - 12 Years

Reports to: Brand Head - Style Up

Last Date of Application

Ongoing