Head of Planning Power Fashion
2 days ago
**Head of Planning**
**_your purpose_**
- The _**_Head of Planning_**_ for _**_Power Fashion_**_ leads the overall Planning function
- merchandise, location, and online._
Your purpose is to develop and oversee the execution of planning strategies, data analytics, system & process improvement, inventory planning, allocation & replenishment of merchandise to maximize sales, gross margin, and turnover. This is a Senior Management role forming part of the executive leadership team reporting to the MD for Power Fashion.
**_
your day-to-day responsibilities_**
**Strategy**:
Lead the development and execution of planning strategies (short and long term) to achieve targeted KPIs in line with strategic business objectives. Contribute to the development and adjustment of business, product and resource strategies by providing direction & guidance on maximizing profits whilst optimizing stock.
**Business Growth & Profitability**:
Direct the development of seasonal financial plans that ensures the balance between value, pricing, margin requirements and markdown management to maximize profit opportunities whilst mitigating risks. Lead in-season business reviews and reaction processes to ensure that trading is executed effectively. Drive the evaluation, enhancement and development of planning/merchandise systems and procedures to achieve current and future business imperatives.
**Product Review**:
Lead & oversee balanced assortment planning (aligned to seasonal strategies) across categories & attributes to meet sales plans & targets across product and location hierarchies. This includes width & depth planning aligned to store profiles.
**Analysis & Reporting**:
Lead the development and improvement of performance analysis & reporting (with regards to purchase planning, stock ratios etc.) to understand & project merchandise sales, margin & expense performance. Oversee the financial accuracy of sales forecasts/plans (across brands & departments), accounting of historic missed opportunities and future trend changes (across products, stores, channels & countries) to provide direction; achieve sales targets and compile board reports.
**Stock Management**:
Direct stock planning, allocation, replenishment & control processes to: Ensure alignment to planned sales levels, Account for store requirements & developments, Maximize distribution/supplier efficiencies and Prevent overstock, stock ageing, markdowns & the financial impact of stock depreciation.
**Leadership & Team Management**:
Lead and drive the team by setting clear direction and transparent expectations, to exhibit the culture and values of the business and achieve/exceed KPIs. Identify and drive succession planning, structure, talent management, training and development requirements to ensure teams are competent and skilled to perform their required functions.
**_
what are the requirements_**
- A Post-Graduate University Degree/ NQF level 8 or equivalent (Commercial or Financial related)
- 8-10 Years’ Retail Planning / FMCG Planning experience, with 5+ Years in Senior / Management Role.
- An understanding and experience of Retail Planning Systems
- Numerate & Analytical Proficiency.
- Commercial / Economic acumen.
- Communication & negotiation skills (verbal & written).
- Conflict management.
- Supply Chain understanding & experience.
- Retail market insights & industry knowledge.
- Knowledge of current trends.
- Understanding of various sale platforms & territories.**_about us_**
The People’s Value Champion | Cash-Based | Omni-Channel | Fashion-Value Retailer
The Mr Price Group retails in more than 1400 stores in sub-Saharan Africa and parts of Africa through our 8-trading divisions Mr Price, Mr Price Home, Mr Price Sport, Mr Price Money, Miladys, Sheet Street, Power Fashion and Yuppie Chef.
Mr Price Group is an equal opportunity employer and is committed to Employment Equity.
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