Planner Sheet Street

1 week ago


Durban, South Africa Mr Price Group Full time

**purpose**

To maximize sales and return on investment by planning and controlling the quantitative aspects of the procurement of merchandise.

**key responsibilities**
- **Achievement of Budgets**:

- Support other members of the merchandise team in ensuring that all budgets are met as agreed in respect of sales, markdowns, closing stock covers, service levels and stock turn.
- Report on Key Performance Indicators (KPIs) to ensure that each category meets the forecast gross profit rands.
- **Post Mortem Analysis**:

- Extract post-mortem figures for analysis of seasonal assortment plans.
- Report on previous season’s targets variances to analyse product performance.
- **Pre-Season Planning**:

- Development of seasonal strategy at a department and brand level & translate strategy into assortment plans using company processes and systems to maximise profits.
- Presentation of strategies internally for approval.
- **In-season Planning**:

- Review departmental strategies and assortments to react where changes need to be made, in line with in season performance for current and future seasonal plans.
- Managing / controlling budget Open To Buy (OTB) in accordance with season strategies and KPI’s to maximize profits.
- Identify good sellers & bad sellers to react accordingly for current and future seasonal plans.
- Complete management of stock within the department with regards to allocations, reallocations, transfers, distribution, markdowns and chasing of good sellers.
- **Forecasting Core**:

- Review and correct history to forecast correctly store.
- Continual assessment and forecasting adjustments where necessary to ensure accurate representation of stock.
- **Ordering Core**:

- Place orders to meet forecast sales.
- Maintain stock level understanding with the suppliers by item
- to ensure adequate stock levels.
- Supervise changes required to orders as per product strategies - phasing in / out, rolling orders for overstocks, supplier non-performance to meet target.
- **Post Stock**
- Execute all systems functions to continually communicate with Location Planners in respect of relevant categories.
- **Promotions**:

- Planning of targets and merchandise assortment for key promotion to maximize sales.
- **Supply Relationships**:

- Negotiate discount & cancellations in accordance with planned sales targets to achieve low cost pricing on product.
- Build relationships with Key Suppliers within department to ensure seamless flow of product and orders.
- **Store Visits**:

- Store visits to Sheet Street and competitor’s stores for competitors shopping to ensure product assortment has competitive advantage.
- **People**:

- Maximize productivity of department associates by training, motivating and managing performance to produce home grown talent.

**requirements**
- **Education**:

- University Degree: Bachelor of Commerce (Finance/ Supply Chain or similar).
- **Experience**:

- 2 Years’ experience in a similar position.
- **Knowledge/ Skills**:

- Retail planning/demand and supply and merchant processes.
- Business understanding of external and internal systems (RedWorld, RedWorld MIS, RedInfo, RPAS, e-Focus, etc.).

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