Retail Analyst

5 days ago

Johannesburg, Gauteng, South Africa The Prestige Cosmetics Group Full time
Job title: Retail Analyst

Job Location: Gauteng, Johannesburg
Deadline: March 28, 2025

Purpose of the Role

The Retail Analyst is a key source for business reporting and has a keen eye for detail based on data and trends that provides strategic insights and recommendations of actions to the business – the role co-ordinates these actions with the necessary departments ensuring we have the right stock in the right doors to drive sales and market share growth.

Key Responsibilities
ANALYSIS AND REPORTING
  • Understands the retail environment through data analysis of each retailer to provide information on opportunities.
  • Analyse stock and sales reports on a weekly basis to provide insights by door, by brand and by retailer.
  • Analyse retailer stock levels to identify opportunities and challenges to optimise sell-out and stockturn by SKU by store – build recommended actions accordingly.
  • Build sell-out targets by mall, by brand, by retailer annually and manage reforecasts monthly.
  • Assist and support the Key Accounts Executive to deliver all weekly and monthly reports.
STOCK MANAGEMENT - RETAIL
  • Analyse and interpret sales and stock trends to provide actionable insights and data-driven business decisions.
  • Formulate strategies for slow moving inventory and days stock cover to ensure optimal stock levels that supports business growth.
  • Guide and support the execution of planograms by analysing each brand and the respective stock model requirements.
  • Conduct competitive analysis to refine stock strategies ensuring that PCG remains agile and responsive to market trends.
  • Oversee the management of critical SKUs.
  • Develop centralised reporting frameworks to track core in-stock metrics enabling clear visibility and timely interventions.
  • Collaborate with Brand Team to ensure that promotions are executed with sufficient stock availability reducing missed sales opportunities and ensuring customer satisfaction (saleable and non-saleable stock).
  • Monitor promotional in-stock levels to minimise out-of-stocks during key sales events.
  • Maintain inventory expectations at store level to resolve any discrepancies and maintain operational consistency.
SALES TEAM SUPPORT
  • Guide the Sales Team on best practices and how to manage stock efficiently at store level.
  • Work with the sales team on store gridding and localisation.
  • Supports KAE where retailer head office escalations are required to help resolve any issues around DI, stock input requests.
  • Partner with the Sales team to ensure optimal usage and allocation of non-saleable stock – drive productivity.
  • Provide insights and guidance on overstocks and understocks ensuring data-driven actions.
  • Builds weekly new product trackers to track new launches versus prior launches.
Stakeholder Engagement
  • Build and maintain relationships with all internal and external stakeholders.
  • Contribute meaningfully to create a great workplace experience for all team members.
  • Actively engage in all Company culture initiatives.
Minimum Requirements/Qualifications
  • Commerce/Business Degree
  • At least 3-4 years' work experience in a retail environment
  • Strong analytical ability and commercial acumen
  • Retail planning experience is preferred and advantageous
  • Proven knowledge of MS packages Excel/Word/PowerPoint
  • Advanced Excel: Non-negotiable
  • Experience using Power BI is advantageous
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