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Senior Merchandise Planner

5.00 to 8.00 Years   Abu Dhabi, United Arab Emirates   04 Jun, 2022
Job LocationAbu Dhabi, United Arab Emirates
EducationBachelor's degree / higher diploma
SalaryNot Mentioned
IndustryRetail & Wholesale
Functional AreaNot Mentioned

Job Description

Key accountability of Inventory management and allocations. Work in liaison with reporting head to ensure Brand strategy is executed in line with promotional activities to achieve business goals.Financial KPIBudget & ForecastingOTB Rollups per SeasonBudget Phasing per territory; (Weekly & Daily)Monthly Re-forecasting of sales & marginPricing & Margin Planning per weekbased on Promotions & Events (Post Mortem of the same)Regular store visit to validate pricing is product appropriate and evaluate customer responseCompetitive landscape analysis to streamline pricing structureSale Working and MD proposal in line with budgeted marginsAnalyze and monitor margins regularly and action relevant measures to ensure mgn% is in line with business targetsAnalyze and suggest further markdowns and/or clearance promotionsAnalyze sales trend and inventory levels and suggest promotions accordinglySet store targets for units turnoverInventory ManagementReceipts Planning (Budgeting; Inbound; Outbound)Ensure accuracy of product tagging i.e., FP/MD & Fashion/CoreEnsure pre-allocations are set and regular replenishments are actionedMonitor week covers and control allocations as requiredMP&A (Key Accountability)Plan launches and ensure pre-allocations are ready.Allocations as per planned tiering and assortment planned per storeMonitor allocation tiering for stores vs performance; make changes as neededIdentify selling behavior per Festivities/Major events and ensure allocations are modified accordinglyReview territory & store performances and fine-tune allocations as requiredRegular analysis of stock covers, size selling of fashion and core merchandisePlacement of Core buys with forecasted sales and covers.Management of Core inventory and regular monitoring or core coversRegular monitoring of DC stock and ensure constant stock push to stores ? Fashion; Core and Sale inventoryStore KPI ManagementSet Store KPIs to achieve budgeted sales based on current and LY trends; re-forecast KPIs with change in promotional stanceAnalyze actualized KPIs vs forecastedRegular monitoring of Sales per territory/storesIdentify opportunities in stores/categoriesMonitor Category Performance and initiate/suggest relevant promotional changes based on inventory levelsAnalyze & manage key events based on local events and trendsAnalyze stock clearance vs set targets and initiate required changes in promotional stanceReporting and Promotional AnalysisPreparation of Packs for Principal visitsGuide junior members in generating relevant weekly reporting and promotional analysis to monitor marginsEnsure promotions are activated timely; guide reporting team in providing itemwise list to ITMonitoring and guiding/coaching of reporting team membersRelationship management with host brand?s planning team and seamless information sharing

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