Retail Planning Specialist
4 days ago
Prestigecosmetics is seeking a highly skilled Retail Planning Specialist to join our team. In this role, you will be responsible for analysing sales and stock trends to provide actionable insights and data-driven business decisions. Your expertise in retail planning will enable us to optimise sell-out and stockturn by SKU by store, driving business growth and customer satisfaction.
About the Role
The Strategic Business Analyst - Retail will work closely with the Sales Team to ensure optimal usage and allocation of non-saleable stock, drive productivity and provide insights and guidance on overstocks and understocks. This role requires strong analytical ability and commercial acumen, as well as experience using MS packages Excel / Word / PowerPoint, with advanced Excel skills being non-negotiable.
Key Responsibilities
- 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 Prestigecosmetics remains agile and responsive to market trends.
Requirements
- 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
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