Product Planner
1 day ago
AYANA, a division of Pepkor Trading, is seeking a highly motivated Product Planner to join our team. You'll play a key role in developing and implementing business plans that drive success for our Brand’s Ladieswear merchandise strategies.
**Key Responsibilities**:
- Develop and execute comprehensive category strategies aligned with business objectives, considering factors such as inflation and profit margins.
- Collaborate with cross-functional teams to optimize product assortment, inventory levels, and financial performance.
- Create and manage sales budgets based on historical data, market trends, and business goals.
- Conduct in-depth sales performance analyses to identify opportunities for growth and risk mitigation.
- Prepare and present financial reports on a monthly basis.
- Oversee and mentor a team of Store Planners and Trainees to achieve performance goals.
- Foster strong relationships with suppliers and retail stores.
- Collaborate with buying and design teams to optimize product selection based on market trends and customer demand.
- Conduct post-season analyses to inform future product decisions.
- Optimize inventory levels to balance stock availability and markdown risks.
- Proactively manage Open-to-Buy (OTB) to ensure financial targets are met.
**Qualifications**:
Relevant tertiary qualification in Finance/Commerce/Accounting/Statistics/Cost and Management Accounting.
**Knowledge, Skills and Experience**:
- 3+ Years of product planning experience within relevant retail environment
- Knowledge of stock control and distribution
- Knowledge of the retail merchandise cycle with regards to Buying
- Advanced knowledge of G-Suite, Excel and the MS office Packages
- Knowledge of seasonal and non-seasonal replenishments
- Excellent Planning and Organizing skills
- Strong time management skills
- Strong analytical and problem solving skills
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