Head Of Planning (Fashion Retail)

CORE PURPOSE OF THE JOB:
To manage demand planning, inventory optimization, and risk mitigation strategies while driving cost efficiencies to support business growth and operational excellence.
AREAS OF RESPONSIBILITY
1. Team Leadership and Development
• Provide mentorship and guidance to direct reports, including Planning Manager for Mono brands, Replenishment Analyst, Database Management Executive etc.
• Foster a culture of high performance, innovation, and continuous improvement.
• Identify and develop talents, ensuring succession planning for key roles.
2. Demand Planning and Replenishment:
• Develop and manage accurate demand forecasts to align with sales and operational goals.
• Oversee replenishment and supply management to ensure consistent stock availability.
3. Inventory Management:
• Monitor and optimize inventory levels to minimize holding costs while preventing stockouts.
• Collaborate with cross-functional teams to align inventory strategies with business priorities.
4. Risk Management:
• Identify potential risks related to supply and demand fluctuations and implement mitigation plans.
• Analyze market trends and performance data to adjust planning strategies proactively.
5. Cost Efficiencies:
• Develop and execute cost-saving initiatives across the supply chain.
• Ensure the effective utilization of resources to maintain operational cost-effectiveness.
6. System & Support:
• Develop and maintain Standard Operating Procedures (SOP) for master data management, ensuring data accuracy, consistency, and compliance with company policies.
• Conduct regular reviews of sales data, master data, and analytics to identify opportunities for process improvements and data-driven decision-making.
• Utilize customer feedback and data analysis to understand customer preferences and make data-driven decisions regarding product offerings.
• Generate regular reports and presentations to communicate category performance, trends, and recommendations to senior management.
• Collaborate with IT and relevant departments to enhance system functionalities.