Job Requirements
Education/Certification and Continued Education
Years of Experience
3-5 years' experience in planning function of large scale retail operations
Computer literacy
Knowledge and Skills
Analytical skills and in depth knowledge of the industry
Able to communicate effectively at Management Level
Essential Roles and Responsibilities
Functional Roles and Responsibilities
Drive category sales, cash margin and inventory management through profitable decision making.
Work to a WOS target for inventory management and OTB planning, with a lense to drive sales and cash margin making decisions.
Participate in the development of annual sales budgets and forecasts for specific brands by analyzing data on seasonal/ yearly trends
Monitor performance against plan, taking appropriate action to maximize sales and margins
Identify and evaluate sales and gross margin opportunities at department level
Review, propose and implement mark-down activity to reduce terminal stock, whilst analyzing action taken on mark-downs to maximize profit
Communicate trading issues and forecasts with proposed actions to senior management and Buying team
Implement the agreed departmental strategy, in conjunction with the Buying team
Evaluate market and customer information together with historical data and forward trends to develop the merchandise plans
Work with relevant stakeholders to monitor overall inventory levels to plan and forecast
Manage and review replenishment orders for the relevant products based on model stock and trends to achieve optimal sales, profit and inventory performance
Identify slow and best sellers, responding quickly to maximize sales and minimize risks
Implement the agreed markdown strategy and communicate to stakeholders
Ensure all inventory targets are met, including stock turnover, WOS, terminal stock and movements to sale outlets
Identify inter-store transfer of stock and direct the distribution of goods to ensure store targets are met
Responsibility for accurate and timely completion of OTB at the relevant product level within MFP.
Provide ongoing feedback and information to team members on sales results, competitive practices, and delivery issues with vendors and other specific information which could impact the performance of the business
Build and maintain effective working relationships with suppliers
Manage all aspects of the allocation and replenishment function
Analyze Suppliers' delivery performance and, in conjunction with the Buying team, take appropriate actions
Contribute to future supplier strategies
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