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Planner

1.00 to 10.00 Years   Dubai, United Arab Emirates   21 Sep, 2022
Job LocationDubai, United Arab Emirates
EducationNot Mentioned
SalaryNot Mentioned
IndustryRetail & Wholesale
Functional AreaNot Mentioned

Job Description

PlannerThe job holder will be responsible for merchandise planning process to achieve department /category sales, margin, stockholding and flow objectives under the guidance of Head Merchandise Planning .DO ? Key Responsibilities 1.Merchandise Financial, Strategic and Assortment Planning? Maximise Sales and profitability for the department/category? Support in determining high-level financial goals including pre-season financial plans, in-season projections, open-to-buy management and new store budgets? Prepare and maintain department/category merchandise MIS analytics based on actual sales, sales forecasts, company order parameters, inventory checks, forth coming events, replenishment needs etc? Assist in the creation of merchandise plans for the category based on insights gained from merchandise analytics, customer preference, historical trends and future outlook projected by the buyer? Assist in discussing, deciding and freezing the department/category merchandise strategic plans around the following factorso Financials? Sales,Stock, OTB, Margins, Forward Cover etco Store? Subgroub level Sales, Order Quantity, Allocation, Replenishment etco Assortment? Style, Price, Brand, Supplier etc? Communicate the merchandise strategic plan to buying team for necessary execution? Ensure effective in season management across territories (stock balancing, markdown management,stock analysis, stock vs sales performance)? Help review the merchandise plans on a periodic basis to ensure profit is maximized and maintained to reach target levels? Ensure that the standards of Merchandise procedures and Methodologies are maintained and kept Uniform2.Inventory Stock Optimization? Ensure optimum category inventory levels are maintained at Concept/Territory keeping in mind store requirements as well as working capital constraints? Ensure that no instances of category stock outs occur on account of any discrepancy on part of merchandise planning? Ensure excess category inventory is not maintained at the warehouses or the stores and there is proper adherence to the concept/territory ageing policy3.Category Promotions? Provide inputs on the expected margins, possible price points and other parameters for promotions within the product category? Help analyse the effectiveness of the promotions in achieving the targeted levels of sales and margins? Help analyse the existing stock levels and liaise with the Buying/VM/Marketing team for timely roll out of promotional campaigns to maintain the territory / warehouse inventory holding norms as well to achieve targeted sales

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