|
MERCHANDISE PLANNER
Retail/ Fashion
In TAX FREE Dubai
Salary Negotiable + EXCELLENT BENEFITS PACKAGE
michael@frgr.org
Our client is a leading global retail company representing some of the most popular, developing and diverse brands within fashion and retail. The organization covers wholesale and retail trading across international brands including clothing, shoes and perfume for men, women and children.
They are an expanding and developing company moving into new areas and new locations across the Middle East and the USA.
We are now looking for an experienced Merchandise Planner who will be responsible for the merchandise planning process to achieve department/category sales, margin, stock holding and flow objectives under the guidance of Head Merchandise Planning.
KEY RESPONSIBILITIES:
MERCHANDISE FINANCIAL, STRAGETIC AND ASSORTMENT PLANNING
• Maximize Sales and profitability for the department/category
• Support in determining high-level financial goals including pre-season financial plans, forecasting, in-season projections, open-to-buy management and new store budgets
• Forecast, maintain and analyze department/category merchandise MIS analytics based on actual sales, sales forecasts, company order parameters, inventory checks, forth coming events, replenishment needs, etc.
• Assist in the creation of merchandise plans for the category based on insights gained from merchandise analytics, customer preference, historical trends and future outlook projected by the buyer
• Assist in discussing, deciding and freezing the department/category merchandise strategic plans around the following factors:
o Financials: sales, stock, OTB, margins, forward cover, etc.
o Store: order quantity, allocation, replenishment, etc.
o Assortment: style, price, brand, supplier, etc.
• Communicate the merchandise strategic plan to buying team for necessary execution
• Ensure effective in season management across territories (stock balancing, markdown management, stock analysis, stock vs. sales performance)
• Help review the merchandise plans on a periodic basis to ensure profit is maximized and maintained to reach target levels
• Ensure that the standards of merchandise procedures and methodologies are maintained and kept uniform
INVENTORY STOCK OPTIMIZATION
• Ensure optimum category inventory levels are maintained at Concept/Territory keeping in mind store requirements as well as working capital constraints
• Ensure that no instances of category stock outs occur on account of any discrepancy on part of merchandise planning
• Ensure excess category inventory is not maintained at the warehouses or the stores and there is proper adherence to the concept/territory ageing policy
CATEGORY PROMOTIONS
• Provide inputs on the expected margins, possible price points and other parameters for promotions within the product category
• Help analyse the effectiveness of the promotions in achieving the targeted levels of sales and margins
• Help analyse the existing stock levels and liaise with the Buying/VM/Marketing team for timely roll out of promotional campaigns to maintain the territory/warehouse inventory holding norms as well to achieve targeted sales
IN SEASON MANAGEMENT
• Ensure performance is monitored against plan for the assigned category/department, regularly supported by exception reporting
• Ensure effective in season management of the assigned category/department through regular analysis and action planning across concept and territory, based on the performance around the following anchors: sales vs. Stock, inflows/OTB, stock analysis, stock balancing, margin analysis
PEOPLE MANAGEMENT
• Monitor trainee development and facilitate complaint resolution
• Oversee team deployment and drive motivation levels of the trainees
ESSENTIAL REQUIREMENTS:
• 2-3 years experience in a planning role
• 7-8 years experience in UK or International Fast Fashion experience
• Graduate in Commerce or Business Administration
• Post Graduate Degree in Business Administration/diploma in Retail discipline
• Knowledge of Merchandise Planning and analytics
• Knowledge of Retail industry and products
KEY SKILLS:
• Strong Planning and Organising skills
• Analytical and Problem Solving Skills
• Good knowledge of MS Office
BENEFITS:
• Salary open to negotiation depending on experience levels
• Excellent benefits package including high quality transport and accommodation allowance
• Visa arranged
|
Job search