Job Title: Merchandise Planner
Department: Merchandising & Planning
Location: Bangalore (Head Office)
Reports To: Head of Retail
Role Overview:
At Banana Club, we don't just sell clothes -- we move trends, create stories, and make sure every store feels fresh and full of energy.
The Merchandise Planner sits at the intersection of data and design -- turning numbers into decisions that drive business. From planning monthly buys to optimizing store stock and margins, you'll ensure that every product that hits the floor has the best chance to sell, fast and full-price.
You'll work closely with the Buyer, Allocator, Stores and VM team to plan, track, and fine-tune the product mix across our stores.
Key Responsibilities
1. Pre-Season Planning & Forecasting
Develop seasonal and monthly sales, stock, and margin plans by category and store cluster.
Set up OTB (Open-to-Buy) budgets aligned with business goals.
Analyze past season data to identify growth categories, trending styles, and seasonal opportunities.
Partner with the Buyer to decide buy quantities and style depth for new season assortments.
2. In-Season Trading & Performance Tracking
Review weekly sell-through, STR, and rate of sale (ROS) reports.
Identify bestsellers and slow movers -- recommend reorders, transfers, or markdowns.
Re-forecast sales and stock weekly to ensure healthy stock cover.
Work with the Allocator to ensure right product flow across stores and optimal replenishment.
3. Inventory Management & Optimization
Track inventory ageing, stock cover, and availability by store and category.
Initiate inter-store transfers or consolidations to maximize sell-through and minimize overstock.
Ensure smooth flow of stock from warehouse to stores, avoiding stockouts.
Monitor core style performance and trigger reorders with the Buyer.
4. Collaboration with Buying, VM & Store Ops
Work with the Buyer to finalize seasonal buys and new product introductions.
Partner with VM and Store Ops to ensure store displays align with stock availability and commercial priorities.
Share performance insights to help VM prioritize focus stories and product zones.
Key Skills & Competencies
Driven and willing to make an impact on the brand
Strong analytical and Excel/Google Sheets proficiency.
Understanding of retail KPIs (STR, ROS, Sell-Through, Stock Cover, Margin).
Strong coordination and communication across teams.
Commercial thinker with an eye for fashion trends and customer demand.
Ability to work in a fast-paced, growth-oriented retail environment.
Preferred Qualifications
Graduate or Postgraduate in Fashion Management, Retail, or Business Analytics.
2-5 years of experience in merchandise planning, category management, or retail analytics.
Familiarity with POS/ERP systems (e.g., Logic, Ginesys, SAP, or similar).
Knowledge of BI or visualization tools (Excel dashboards, Power BI, etc.) is a plus.
Success Metrics
Achieving targeted sell-throughs and stock turns.
Maintaining healthy stock cover and balanced inventory.
Accurate sales and OTB forecasting.
Reduced markdown dependency and higher full-price sell-through.
The Banana Club Way
Fast-moving, data-driven, and youth-led -- Banana Club thrives on energy and agility.
Keep the engine tuned -- so every style hits the right store, at the right time, and sells before the next drop hits.
Job Types: Full-time, Permanent
Pay: ₹25,000.00 - ₹40,000.00 per month
Benefits:
Provident Fund
Work Location: In person
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