Retail Analyst
4 days ago
Join to apply for the Retail Analyst role at The Prestige Cosmetics Group
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.
- 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.
- 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.
- 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
- Mid-Senior level
- Full-time
- Sales and Business Development
- Personal Care Product Manufacturing
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