- Business Management & Development
Liase with franchisee countries and International division.
Expand stores in existing franchisee countries
Identify, evaluate and propose new franchisee countries to the Concept office in consultation with the International division.
Strategize and seek opportunity for concept expansion in the territory
Manage roll-out of new projects and time bound implementation of projects
Research and identify good property and locations
Understand Territory dynamics (demographics, consumer behaviour, market understanding etc)
Sales and Commercial Performance
Prepare and participate in the preparation of sales budgets
Maximize sales and profitability of the concept
Maximize productivity targets ( sales per sqft, ATV, Conversion etc)
Formulate and implement retail strategies and procedures in discussion with the Territory Head and Concept Heads
Control costs within budgetary guidelines
Identify internal and external commercial opportunities
Ensure effective Stock and Space Management
Conduct SWOT review to analyze the customer profile
Provide monthly feedback on competitor and event activities
Suggest improvements based on benchmark practices
Inventory Management & Stock Distribution
To drive the PUSH model - Follow up on the Push model, to ensure stocks are being sent to the franchisee countries on time and as per budgets.
Ensure effective Inventory and Warehouse management for the concept in the territory ( order management, stock consolidation, movement and transfer, optimum stock utilization, stock return and shrinkage)
Review and analyze stock and sales reports monitoring over and under stocks, implementing corrective action to be taken
Review and effectively deal with fast / slow lines, new ranges and end of ranges and implement necessary action
Ensure pricing of merchandise as per norms and matrix format
Provision of monthly feedback to Concept on sales, stock positions and product feedback
Operational Standards and Management
Prepare Territory operating plan (new store, seasonal and store) and ensure effective implementation
Ensure all the stores are in compliance with the store operating and customer service standards
Ensure all the stores are in compliance with the company policy on employment and state laws, health and safety standards
Ensure all the stores portrays the company image in all aspects of personal presentation and adheres to the company dress code as laid out by the Company
Ensure all store sales, promotions are planned effectively, executed and promptly and maintained professionally
Financial & Legal Management
Liase with finance department on revolving LCs
Work closely with the finance team for all pending payments
Review contracts and agreements in tandem with the legal department
- 7+ years exxperience
Recruiter Name:Neekunj Lall
Email Address:neekunj.lall@wowjobs.biz
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