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Forecasting and Inventory Coordinator

2 weeks ago

Cape Town, Western Cape, South Africa Clicks Group Limited Full time
Key Responsibilities

As a Forecasting and Inventory Coordinator at Clicks Group Limited, you will be responsible for developing and implementing effective demand and statistical forecasting strategies for assigned categories. You will work closely with Category Managers to ensure accurate forecasts and optimize inventory levels.

Your key responsibilities will include:
  1. To be accountable for forecast accuracy within allocated categories
  2. To be accountable for optimized inventory levels within allocated categories and minimum order quantity
  3. To partner with the Category Managers on the development of pre-season sales, markdown, margin, and inventory plans
  4. To analyze and propose to the merchandising department top-line shifts in the assortment investment at the category level
  5. At the category level, monitor projections, inventory flow, and seasonal sell-off plans, as well as validate monthly forecasts for open-to-buy management


You will also be responsible for recognizing and reconciling forecast exceptions, tracking and managing sales against forecast, and validating forecast for OTB management. Your ability to determine causal factors impacting forecasts and respond accordingly will be critical to success in this role. Additionally, you will need to effectively engage with stakeholders to identify trends, evaluate risks, and determine inventory and replenishment requirements.

Key Skills:
- Causal factor determination and event-driven adjustments
- Deep analytical skills
- Excellent interpersonal and communication skills
- Business math acumen and analysis
- Forecasting consumer trends and buying habits 9 – 24 months in the future
- Complex decision making based on statistics, trends, and opinions
- Presentation skills
- Proficiency in MS Office Excel, Word, Outlook, and PowerPoint

Qualifications
  • Diploma in Purchasing/Business Management Financial/Retail Management (Desirable)
  • Bachelor's Degree in Statistics, Math, Decision Science, Marketing, Business, related area or equivalent experience