Head of Planning – Sheet Street

10 hours ago


Durban, KwaZulu-Natal, South Africa Mr Price Group Full time R450 000 - R900 000 per year

We are recruiting a Head of Planning for Sheet Street, reporting to the MD.

Through constant innovation, your core responsibility would be to lead the merchandise, location and online planning function by developing and overseeing the execution of planning strategies, data analytics, and system and process improvements.

Responsibilities

Strategy:

Lead the development and execution of planning (product and location) strategies (short and long term) to achieve targeted KPI's in line with strategic business objectives.

Contribute to the development and adjustment of business, product and resource strategies by providing direction & guidance on maximizing profits whilst optimizing stock.

Accountable for the delivery of adequately thought through post seasonal analysis to support the forwards strategy.

Identify product extension opportunities that have scale and profit opportunities aligned to the overall product offering and target customer

Forecast future market sales relative to our own growth strategies to identify market share opportunities

Business Growth & Profitability:

Direct the development of seasonal financial plans that ensures the balance between value, pricing, margin requirements and markdown management to maximize profit opportunities whilst mitigating risks.

Lead in-season business reviews and reaction processes to ensure that trading is executed effectively.

Drive the evaluation, enhancement and development of planning/merchandise systems and procedures to achieve current and future business imperatives.

Own the process of annual budget creation ensuring aligned to annual strats and followed through into the merchandise process

Product Review:

Lead & oversee balanced assortment planning (aligned to seasonal strategies) across categories & attributes to meet sales plans & targets across product and location hierarchies. This includes width & depth planning aligned to store profiles.

Analysis & Reporting:

Lead the development and improvement of performance analysis & reporting (with regards to purchase planning, stock ratios etc.) to understand & project merchandise sales, margin & expense performance.

Accountable for ensuring the execution of the product assortment is in line with approved strategies.

Oversee the financial accuracy of sales forecasts/plans (across brands & departments), accounting of historic missed opportunities and future trend changes (across products, stores, channels & countries) to provide direction; achieve sales targets and compile board reports.

Stock Management:

Direct stock planning, allocation, replenishment & control processes to:

  • Ensure alignment to planned sales levels,
  • Account for store requirements & developments,
  • Maximize distribution / supplier efficiencies and
  • Prevent overstock, stock ageing, markdowns & the financial impact of stock depreciation.

Leadership & Team Management:

Lead and drive the team by setting clear direction and transparent expectations, to exhibit the culture and values of the business and achieve / exceed KPIs.

Identify and drive succession planning, structure, talent management, training and development requirements to ensure teams are competent and skilled to perform their required functions.

Qualifications

  • Post graduate level degree
  • 8 - 10 years' experience including 5 years in a senior management position, having a strong fashion sense and awareness of the competitive landscape
  • Ability to innovate change through visionary thinking and strategic management
  • An extraordinary leader of people, experienced in leading high performing teams through passion to continuously develop talent at all levels
  • Exceptional communication, influencing and negotiating skills
  • High intelligence with a true entrepreneurial risk mentality
  • A charismatic, extremely confident (but humble) professional who is poised and has a great sense of enthusiasm enabling them to develop extraordinary relationships within the business while at the same time able to make tough decisions
  • A strong sense of approachability and humility
  • Strategic thinker that enables organizational agility

Mr Price Group Limited is an equal opportunity employer and is committed to Employment Equity.



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