Category Planning Specialist
4 days ago
About the Role
We are seeking a highly skilled Category Planning Specialist to join our team at Clicks Group Limited. The successful candidate will be responsible for translating business financial plans into category-specific sales, margin, and inventory budgets.
The ideal candidate will have a deep understanding of the consistent management and planning of supplier base performance metrics, promotional planning cycle, product lifecycle, supply chain optimization, and business analysis and reporting.
Key Responsibilities:
- Develop strategic plans for categories incorporating an understanding of customer needs and wants, trends, competitive environment, and market share.
- Build annual merchandise financial plans by department for sales, stocks, margins, GP, and markdowns taking into account key and relevant financial metrics and inputs.
- Partner with stakeholders to develop pre-season sales, markdown, margin, receipt, and inventory targets aligned to strategic business goals while ensuring assortments that balance range and space requirements for all stores.
- Develop and monitor projections, inventory flow, and seasonal sell-off plans as well as validate monthly forecast for open-to-buy management.
- Analyze and reflect current trends in performance of strategy based on actual sales performance; revise in-season plans for sales and profitability.
- Prepare and continuously monitor financial budgets and forecasts for departments by store/channel by product lifecycle and re-forecast the merchandise financial plans in line with current performance (monthly and weekly), new initiatives or significant deviations, at the appropriate level & review with relevant key stakeholders in order to maximize sales, margin, and inventory productivity.
Requirements
- Bachelor's degree in Finance or related field.
- Minimum 5-7 years of experience in retail merchandise planning, demand forecasting, inventory management, allocation, or replenishment; financial planning or financial analysis experience.
- Strong problem-solving and analytical skills; strong aptitude with numbers; retail math skills, understanding of forecasting methodology.
- Ability to make decisions with limited information but also able to synthesize large quantities of data to drive business decisions.
- Previous experience in enterprise planning or similar planning systems advantageous.
- Experience in retail replenishment and allocation; retail sales, category planning, or merchandising experience desirable.
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