MERCHANDISING PLANNER

Key Responsibilities

Budget Management

 Preparation of merchandise budget in line with the finance department to ensure sales are achieved.

Pre/In Season Management

 Determine and agree on strategic plan targets with the key departments in core areas such as sales, sales margin, stock turn, promotional events, and price inflation to take corrective sures for upcoming seasons.

 Prepare and monitor OTB in order to ensure that orders are placed timeously and according assortment plans.

 Prepare and purpose seasonal budgets at the business or territory level to match financial targets set for sales, opening or closing stocks, inflows, forward covers and sales margins, trade discounts etc.

 Forecast sales based on current trends in order to control OTB.

 Prepare post-seasonal analysis of past performance at cluster/ concept/ territory levels in order to ensure analysis of the product performance.

 Manage in season measures in order to:

 Reduce Stock levels on slow-moving styles.

 Improve stock levels on fast-moving styles.

 Monitor orders and ensure the merchandise is delivered on a timely basis, and in line with the service level agreements in order to ensure compliance with buying plans.

Assortment Planning

 Carry out assortment planning to ensure a balanced assortment for the forthcoming season.

 Analyze promotions and events and communicate the performance results to the respective departments in order to analyse sales.

Candidate Criteria

 Bachelor’s degree or equivalent qualification in Statistics, Economics, Accounting, Mathematics, Data Science etc.

 Experience in retail industry out of which 2 years should be in a similar role.

 Hands-on experience in Pre-season merchandise financial planning and in-season demands planning.

 Knowledge in Assortment Planning and in-season demand planning.

 Excellent command over MS-Excel formula, Pivot Table, etc.