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    Job · 19507315

    Reliance Retail Limited logo

    Buying And Merchandising Assistant

    Reliance Retail Limited · Delhi · onsite · Posted 24d ago

    Undisclosed0–4 yrsfulltimeSourced fromNaukri

    About a minute. You'll make an account on the way through.

    About this role

    Role Overview

    The Buying & Merchandising Manager will be responsible for driving commercial performance across one or more brands within the RBL portfolio through disciplined buying, sharp inventory management, and data-led planning. This role requires a strong command of retail metrics, a keen product sensibility, and the ability to work cross-functionally with Visual Merchandising, Store Operations, Logistics, and Brand teams. The incumbent will own sell-through outcomes, manage the Open-to-Buy framework, and ensure the right product is available in the right store at the right time.

    Key Responsibilities

    1. Sell-Through Management (Primary accountability)

    • Drive and monitor sell-through achievement across all stores and channels on a weekly basis, with a target of achieving full-price sell-through benchmarks as per the business plan.
    • Publish regular sell-through reports and conduct periodic reviews with store teams to identify and resolve issues impacting performance.
    • Manage stock allocation for new shipments to stores based on buy plans, sales history, and store capacity.
    • Execute weekly replenishments basis sales velocity, ensuring optimal stock availability across the network.
    • Plan and implement consolidation of broken sizes and best-selling product replenishment to maximise conversion.
    • Develop and execute end-of-season liquidation plans for excess or aged inventory in coordination with the Planning and VM teams.

    2. Gross Margin & Pricing Management

    • Own gross margin performance for assigned brands against the business plan, monitoring and reporting on variances regularly.
    • Manage logistics cost against budget and identify opportunities for rationalisation.
    • Oversee discounting strategy to protect and optimise gross margin across seasons and channels.
    • Evaluate and manage local sourcing mix where applicable to improve margin outcomes.

    3. Product Intelligence, OTB & Buying

    • Lead seasonal buying prepare order sheets, review with the Product Head and Business Head, incorporate feedback, and submit orders to brand partners within stipulated timelines.
    • Manage the Open-to-Buy (OTB) framework with a focus on the width and depth of buys, category-level allocation, and pricing architecture.
    • Ensure timely completion of all Purchase Orders (POs) and Sales Orders (SOs) with full accuracy.
    • Conduct end-of-season product performance reviews covering sell-through analysis, best sellers, worst sellers, and forward learnings.
    • Deliver in-season product drop presentations to store teams prior to each launch window.
    • Maintain structured archiving of season-wise product data for ongoing reference and future planning.

    4. Inventory Management & Planning

    • Manage category-level and size-level inventory performance versus OTB targets across all stores.
    • Track and map pending receipts and coordinate proactively with the Logistics team to ensure timely stock delivery.
    • Prepare weekly sales and stock reports, inventory projections, and Inter-Store Transfer (IST) plans to maintain balanced inventory across the network.
    • Monitor style deliveries and track variances between the buy plan and actual receipts to inform future buying decisions.
    • Develop and execute markdown and old inventory liquidation plans to reduce aged stock and recover working capital.

    5. Business Reporting & Analysis

    • Own the reporting cadence for the brand including daily, weekly, and monthly sales reports, category analyses, promotional performance reports, and international brand reports as required.
    • Prepare and maintain the music sheet and quarterly sales targets in alignment with the business plan.
    • Conduct floor feedback sessions with store teams on a monthly basis to gather qualitative product and operational insights.
    • Deliver structured analysis and presentations to internal stakeholders and brand partners on a regular and ad-hoc basis.

    6. Training & Development

    • Prepare a seasonal product training manual for store teams covering new season range, key technologies, colour stories, and marketing styles.
    • Collaborate with the Training department to deliver effective product training at the start of each season.
    • Conduct induction training for new joiners covering fabric fundamentals and brand product knowledge.

    Qualifications & Experience

    • Education: MBA or Post-Graduate Diploma in Retail Management, Fashion Management, or a related discipline from a reputed institution (preferred).
    • Experience: 4–7 years of relevant experience in buying and/or planning, with demonstrated ownership of sell-through and inventory KPIs in a retail environment.
    • Industry Background: Fashion, lifestyle, luxury retail, or specialty retail strongly preferred.

    Skills & Competencies

    • Strong commercial acumen with a sound understanding of retail metrics — sell-through, gross margin, OTB, inventory turn, and markdown.
    • Proficiency in retail planning tools, ERP systems, and advanced Excel / data reporting.
    • Analytical mindset with the ability to translate data into actionable buying and merchandising decisions.
    • Good product sensibility and understanding of brand aesthetics and consumer preferences in the premium segment.
    • Excellent planning, prioritisation, and time management skills — ability to work to tight seasonal deadlines.
    • Strong communication and presentation skills for effective engagement with brand partners and internal stakeholders.
    • Ability to manage multiple brands and product categories simultaneously.
    • Collaborative approach to working cross-functionally with VM, Operations, Logistics, and Marketing teams.

    What We Offer

    • The opportunity to work with some of the world's most iconic premium and luxury brands.
    • A dynamic, entrepreneurial work environment within a large, established organisation.
    • Competitive compensation commensurate with experience.
    • Performance-linked incentives.
    • Learning and development opportunities across a diverse brand portfolio.
    • Exposure to global brand teams and international buying and planning best practices.Role & responsibilities


    Preferred candidate profile



    Sourced from naukri

    Skills

    Category ManagementBuyingRetail MerchandisingMerchandise PlanningOnline MerchandisingRetail Planning

    About Reliance Retail

    Reliance Retail Limited logo

    Reliance Retail Limited

    Retail

    347.4k+

    employees

    2006

    20 years old

    Mumbai, Maharashtra

    US

    ₹5.8L PA avg

    Avg at Reliance Retail

    About

    Since its inception in 2006, Reliance Retail has grown to become India’s largest retailer delivering superior value to its customers, suppliers and shareholders. Our nationwide network of retail outlets delivers a world-class shopping environment and unmatched customer experience powered by our state-of-the-art technology and seamless supply-chain infrastructure.

    Industries

    RetailFMCGJewelleryFashion & TextileBeauty & Personal CareConsumer Electronics & Appliances

    Employee ratings

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    3.9/ 5

    Culture

    3.7

    Career growth

    3.2

    Work-life

    2.9

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