Key Result Areas for the Incumbent
- Process Responsibilities
- Drives sales activities and implements ways to improve volume and profit;
tracks sales and productivity
Ensuring effective Inventory management for the concept in the territory ( order management, stock consolidation, movement and transfer, optimum stock utilization, stock return and shrinkage)Review and analyze, articulate, and solve complex problems related to stock and sales and concepts to make effective business decisionsReview and effectively deal with fast / slow lines, new ranges and end of ranges and implement necessary actionEnsure pricing of merchandise as per prescribed matrixEnsuring monthly feedback Concept on sales, stock positions and product feedback to be sharedStrategize and seek opportunity for concept expansion in the territoryEnsuring completion of new projects in a timely mannerIdentify locations for stores as per required process and quality and Understand Territory dynamics (demographics, consumer behavior, market understanding etc.)Ensuring VM Implementation, SOP adherence, Stock Transfer, Petty cash approvals, Repairs & maintenancesPeople Management ResponsibilitiesMaintain regular connect with staff (Housing & Transport) and ensure welfare activities are plannedHand holding new joinees and basic induction formalities timely mannerTrain and monitor store manager to ensure grievances are resolved in a timely mannerManage the Store Managers – their performance, Training, development interventions and growthManage and provide direction to the team. Set team goals and regularly measure team performance.Hiring, Training and Evaluation of StaffManage Employees Incentives and Attendance approvalsFinancial ResponsibilitiesCost controlPetty cash Approvals§ Rent negotiations
Key Behavioral competencies required to perform this role
Essential1. Communication
2. Customer Focus
3. People Management & Development
Desirable1. Initiative,
2. Raising Productivity / Planning
3. Organizing, Leadership skills
Key Technical competencies required to perform this role
Essential1. Expertise in MS Office
2. Data interpretation capability
3. Channel management skills
4. Understanding of the key performance indicators
5. Inventory Management
6. Results orientation
7. Customer orientation
Desirable1. Negotiations Skills
2. Planning, Organizing,
3. Co-coordinating & Monitoring skills
4. Brand & product management skills
5. Ability to think, plan & execute large an agenda
6. Good leadership skills
7. Project Management
Key Performance Indicators
1. Targets vs. Achievement
2. Shrinkage control
3. Mystery shopping
4. VM scored cards
5. SPF / MPF
6. Retention
7. Revenue