About the role
structured by ORIAbout Us As a Fortune 50 company with more than 400,000 team members worldwide, Target is an iconic brand and one of America's leading retailers. Joining Target means promoting a culture of mutual care and respect and striving to make the most meaningful and positive impact.
What you will do
- Partner with Planners to manage inventory through accurate promo forecasting and rectifying all relevant components to achieve department instock goals.
- Perform End Of Season analysis, monitor and take actions to reduce lumpy inventory through markdowns, decoding, pushing and salvage.
- Maintain instock goals through effective product distribution. Analyze sales history and trend to maximize sales potential by developing allocation strategies that maintain proper store inventory levels.
- Analyze and summarize business performance of product categories, monitor sales, inventory, margin and other factors impacting Instocks & profitability.
- Ensure timely and proactive communication with key stakeholders such as Planner and Inventory Analysts at Target India and Minneapolis.
What they are looking for
- Graduate with 1 - 2 year of relevant work experience
- Proficiency in excel and good knowledge of other MS Office tools
- Approaches problems with curiosity and generates creative solutions
- Ability to communicate clearly and effectively
- Ability to work well with others and contribute to a positive environment.
- Highly motivated and committed to the development of high-quality work
Nice to have
- Problem solving skills
- Data management and interpretation
Full posting text
About Us
As a Fortune 50 company with more than 400,000 team members worldwide, Target is an iconic brand and one of America's leading retailers.
Joining Target means promoting a culture of mutual care and respect and striving to make the most meaningful and positive impact. Becoming a Target team member means joining a community that values different voices and lifts each other up. Here, we believe your unique perspective is important, and you'll build relationships by being authentic and respectful.
Overview About TII
At Target, we have a timeless purpose and a proven strategy. And that hasn’t happened by accident. Some of the best minds from different backgrounds come together at Target to redefine retail in an inclusive learning environment that values people and delivers world-class outcomes. That winning formula is especially apparent in Bengaluru, where Target in India operates as a fully integrated part of Target’s global team and has more than 4,000 team members supporting the company’s global strategy and operations.
Primary Function
As part of your daily deliverables you will be expected to:
Set objectives for your own work and support projects and programs.
Role uses theoretical professional concepts and applies company-established practices and processes to deliver work under general direction.
Effectively communicate with peers and partners
Provide guidance and training to others in the team
At a business level You will be tasked on optimizing availability of an item at location level and understanding the impact on the supply chain. The priority shifts to driving efficient inventory positioning that maximizes profit and sales and utilizing replenishment systems to drive inventory placement strategies
Principal Duties And Responsibilities
Promo Management: Partner with Planners to manage inventory through accurate promo forecasting and rectifying all relevant components to achieve department instock goals. Set promo levers in Replenishment systems, advise risk to AD OOS and communicate store level risk/overstock.
Out Strategy Management: Perform End Of Season analysis, monitor and take actions to reduce lumpy inventory through markdowns, decoding, pushing and salvage.
Allocation: Maintain instock goals through effective product distribution. Analyze sales history and trend to maximize sales potential by developing allocation strategies that maintain proper store inventory levels.
Historical Analysis: Analyze and summarize business performance of product categories, monitor sales, inventory, margin and other factors impacting Instocks & profitability.
Communication: Ensure timely and proactive communication with key stakeholders such as Planner and Inventory Analysts at Target India and Minneapolis.
Providing weekly business insights for stores and digital through reporting dashboards
Execute pilots and transition for enterprise level inventory management priorities
REPORTING/WORKING RELATIONSHIPS
Reports to Inventory Manager. Works closely with Inventory Analyst teams and other teams as necessary.
Minimum Requirements
Graduate with 1 - 2 year of relevant work experience
Proficiency in excel and good knowledge of other MS Office tools
Approaches problems with curiosity and generates creative solutions
Ability to communicate clearly and effectively
Ability to work well with others and contribute to a positive environment.
Highly motivated and committed to the development of high-quality work
Desired Requirements
Problem solving skills
Data management and interpretation
Useful Links-
Life at Target- https://india.target.com/
Benefits- https://india.target.com/life-at-target/workplace/benefits
Employment type: Full-time
Industries: Retail