Retail Inventory Planner

Year    MH, IN, India

Job Description

: Retail Planner - Assortment & Range Planning



Location:

Head Office

Industry:

Luxury / Fashion / Jewelry Retail

Reporting To:

CEO / COO

Role Overview



The Retail Planner will play a strategic role in driving assortment planning, range architecture, and inventory productivity across channels. This role will work closely with Buying, Merchandising, Sales, Supply Chain, and Finance teams to ensure optimal product availability, budget utilisation, and profitable growth aligned with the brand's vision.

Key Responsibilities



The role will own end-to-end

assortment planning and range architecture

, ensuring a balanced and commercially viable mix across categories, collections, price points, and store formats. This includes defining ideal assortment width and depth by channel (stores, kiosks, MBOs, exhibitions, and online).

The Retail Planner will manage

OTB (Open to Buy) and UTB (Use of the Budget)

planning, ensuring disciplined budget control, tracking commitments vs. actuals, and driving monthly and seasonal reviews with senior leadership. The role will proactively identify risks and opportunities and recommend corrective actions.

The role will be responsible for

sales forecasting and demand planning

, using historical data, trends, and store performance to build accurate projections. Regular analysis of sell-through, stock cover, inventory ageing, and replenishment needs will be required to maximise inventory turns and minimise slow-moving stock.

The candidate will partner closely with Buying and Merchandising teams to support

seasonal line planning

, range efficiency, and launch planning. This includes identifying assortment gaps, duplication, over-assortment, and opportunities for newness while maintaining brand consistency.

The Retail Planner will support

store and channel-level planning

, including store clustering, grading, and performance benchmarking. The role will prepare regular MIS, dashboards, and insights for the CEO/COO to support strategic decision-making.

Key Skills & Competencies



Strong understanding of

retail planning fundamentals

, including assortment planning, range architecture, OTB & UTB management, and inventory optimisation.
Excellent analytical and problem-solving skills with the ability to translate data into actionable insights.
Advanced proficiency in Excel; experience with ERP or retail planning tools is an advantage.
Strong stakeholder management skills with the ability to collaborate cross-functionally.
Commercial mindset with strong attention to detail and a deep understanding of luxury retail sensibilities.

Experience



Minimum

5+ years of experience

in Retail Planning / Merchandise Planning, with hands-on exposure to

assortment planning, range architecture, OTB & UTB

, preferably within

luxury, premium fashion, lifestyle, or jewelry retail

.

Educational Qualification



Graduate / Postgraduate in Fashion Management, Retail Management, Business Administration, or a related field.

Job Type: Full-time

Pay: From ?1,214,656.17 per year

Benefits:

Flexible schedule Food provided Health insurance Leave encashment Life insurance Paid sick time Paid time off Provident Fund Work from home
Work Location: In person

Beware of fraud agents! do not pay money to get a job

MNCJobsIndia.com will not be responsible for any payment made to a third-party. All Terms of Use are applicable.


Job Detail

  • Job Id
    JD5070403
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    MH, IN, India
  • Education
    Not mentioned
  • Experience
    Year