Merchandise Planner
1 month ago
Job Title: Merchandise Planner
Job Summary:
We are seeking a highly skilled Merchandise Planner to join our team at ACB Consulting. The successful candidate will be responsible for driving sales and profitability through category management, forecasting sales and stock, and managing inventory levels.
Key Responsibilities:
- Drive sales and profitability through category management of sales, stock, OTB, and margin.
- Collate and manipulate data for manual input into planning tools.
- Forecast sales and stock on planning templates based on current trends, performance, and opportunities.
- Ensure category stock holding is in line with budget and forecast, and manage OTB accordingly.
- Make commercial recommendations based on current trade and propose actions.
- Assist in assortment planning and product ranging.
- Analyze size curves at store level and other key user-defined attributes.
- Conduct seasonal analysis and post-mortem with corresponding strategy and range planning.
- Develop and translate departmental pre-season merchandise strategies into executable in-season merchandise plans.
- Establish pre-season sales and margin plans, together with inventory levels required to support them.
- In season, re-project sales and markdowns in consideration with the impact on margin.
- Manage allocation teams to balance inventory and assortment across stores to ensure the right stock is in the right store at the right time.
- Provide financial strategies for sales, markdowns, inventory, and gross margin, and also responsible for accurate in-season forecasting, driving course corrections and improvements based on variances between actual results and the plan.
- Work closely with buyers and allocators to ensure the range is executed.
- Liaise with buying departments regarding style performance.
- Control the budget and manage the supply chain of different categories/departments.
- Strategically manage stock and produce accurate figures for analysis.
- Grade stores and calculate units buys for the buying team to support the strategy.
- Oversee and work with allocators to correctly distribute stock to stores through allocations, consolidations, and stock movements.
- Maintain store stock levels for core merchandise.
- Other ad-hoc reporting.
Requirements:
- Advanced knowledge of Excel, retail systems, and general computer skills.
- Ability to run pivot tables and perform VLOOKUP functions, and create and maintain advanced reports.
- Understanding of forecasting aspects of planning and interaction of key KPIs.
- Good articulation, with excellent English written and verbal communication skills.
- Good numerical, analytical thinking, and logical problem-solving skills.
- Strong merchant, trader, and commercial mentality.
- Team collaborator with a strategic and forward-thinking approach.
- Strong planning, organizing, administering, and coordinating skills.
- Ability to work independently, self-lead, and use initiative.
- Methodical, detail-oriented, and high level of accuracy.
- Punctual, deadline-driven, and outcomes-focused.
- Strong data handling capabilities.
- Attention to detail is key.
- Grade 12/Matric.
- Relevant 3-year degree/diploma.
- Min 3-5 years relevant retail planning experience, accountable for own area, and managing allocators/order clerks.
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