Senior Merchandise Planner


Cape Town
South Africa
2018-06-12 11:37:02
Description

Seeking experienced, Senior Merchandise Planner either from traditional or online retail sectors. Fashion/clothing sector experience will be a large advantage.

Creation of the Departmental financial strategy and execution of the Business strategy, by delivering a product offer that exceeds customers' expectations, and achieves sales and profit targets combined with effective inventory management.

The Role:

  • Profit Maximisation
  • Preparation of budgets, sales, stock and profit targets.
  • Monitor performance against plan, taking appropriate action to maximise sales and profit and reduce stockholding whilst increasing stock turn.
  • Identify new business opportunities to grow sales and profitability.
  • Review, propose and implement markdown activity to reduce terminal stock whilst analysing action taken on mark-downs to maximise profit.
  • Communicate trading issues and forecasts with proposed actions to management and buyer.
  • Implement promotional plans to optimise sales and profit.
  • Measure brand/supplier performance against targets and make recommendations to grow or exit.

Range Building and Planning

  • Develop and agree plans in partnership with the buyer that achieve sales and profit targets and implement the agreed departmental strategy.
  • In conjunction with the buyer, build balanced and profitable seasonal range plans.
  • Evaluate market and customer information together with historical data to develop the department's phased stock plans and pricing strategy.

Inventory/Commitment Management

  • Manage and forecast the intake of stock in line with agreed OTB stock levels.
  • Plan and implement replenishment volumes for continuity product.
  • Monitor and manage the availability of stock.
  • Promote stock efficiency through in season trading whilst managing forward covers.
  • Collaborate with Supply chain to ensure planned launch and replenishment dates are met.
  • Manage terminal stock.
  • Manage volume buys and optimal size ratio's.

 

Key Skills and Experience

  • Bachelor's degree with at least 2 quantitative subjects.
  • Proven work experience of at least 5 years in the Clothing/Footwear/Homeware retail market
  • At least 2 years operating as a Senior Planner.
  • A high degree of numeracy and an analytical, detailed and strategic approach to work.
  • Advanced computer literacy in excel and planning systems.

Key Competencies and Attribute

  • Strong business acumen and merchant thinking.
  • Good organisational and interpersonal skills.
  • Excellent communication skills.
  • Proven decisionmaking ability.
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