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Supply Chain Planner
1 week ago
The Planner is accountable for forecasting product needs and developing a product line plan that ensures profitability.
Duties and Responsibilities- Forecasting and Budget Management: Review product lines and productivity to ensure sufficient items per product line to meet objectives, suggest items for last buy, identify redundant stock, and promote products.
- New Product Management: Manage the new product budget, ensuring that presented products by the Buyer do not exceed targets.
- Performance Monitoring: Monitor and demonstrate responsibility for achieving key performance indicators (KPIs), such as sales plans, gross profit, cost reductions, stock turns, and closing stock. Identify areas requiring improvement and implement actions within their area of control.
- Product Line Management: Manage current stock on record and product life cycle by conducting research, analyzing consumer trends, looking for opportunities within competitors, and working with the Buyer to develop features in existing products to suit target markets.
- Stock Management: Plan stock level requirements according to forecast and budgeted stock turns. Manage clearance at appropriate times. Assess weekly performance of SKU's and manage stock levels up and down to meet required sales.
Qualification: NQF 7: Degree in Finance/Economics/Supply Chain Management.
Knowledge: Financial Modelling, Forecasting, Product Management, Product Cycle Management, Data Management, Financial Acumen, Merchandise Cycle, Managing Budgets, Range Construction.
Experience: Product Planner 3-5 Years, Wholesale or retail experience 3-5 years, Experience with financial forecasting of a product range 2-3 years.
Skills: Excel - advanced, Powerpoint, Financial Analysis, Attention to detail, Communication, Microsoft D365, JustEnough, Research skills, Verbal comprehension, Numerical Comprehension, Analytical Reasoning.
Competencies: Analysis and Judgement, Initiative and Responsibility, Organisational Awareness, Systematic Approach, Results and Goal orientation.