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Merchandise Planning Manager

1.00 to 10.00 Years   Jeddah , Saudi Arabia   10 Nov, 2022
Al Nahdi Medical Co
1 Jobs Openings
Job LocationJeddah , Saudi Arabia
EducationBachelor's degree / higher diploma
SalaryNot Mentioned
IndustryPharmaceutical Manufacturing
Functional AreaNot Mentioned

Job Description

Contribute in developing and Implementing strategies designed to maximize the return on investment through increase sales and profit margin as well as optimize inventory whilst developing, implementing and monitoring annual financial (sales, profit and inventory) plans .AccountabilitiesFinancial Targets:

  • Lead the monitoring process of commercial division performance through developing and updating full set of dashboards to ensure delivering corporate financial targets (sales, profit and inventory targets).
  • Maintain and update plans (sales, profit, inventory) by constantly monitoring sales performance, market trends and other relevant economic factors (e.g. challenges in the region etc.) to ensure all financial targets are being achieved
  • Commercial Strategy:
  • Develop Assortment Plans through the lead of the Planners based on stores? clusters to ensure the alignment with sales, inventory, margin plan and commercial strategy and ensure customers satisfaction.
  • Operations:
  • Manage and monitor the development and execution of annual sales, inventory and profit plans using historical data, category strategy information, forecast plans in order to set up targets for other functions within the company (e.g. buying team, category team, store operations teams, replenishment team) and drive profitability
  • Implement and manage on ongoing bases the Merchandize Financial Module and Category Management Module (Oracle system) by gathering requirements, regular monitoring and constant evaluation of data quality and accuracy in order to ensure standardization of the planning process
  • Department Management:
  • Manage and lead the assigned team by managing performance, tracking and monitoring productivity and individual KPIs, motivating and applying reward and recognition HR policy along with corrective actions as per the case to in order to achieve department goals
  • Build a high performance team by providing continuous development opportunities through development conversations and other formal (e.g. training) and informal (e.g. coaching) development options in order to ensure performance objectives are met.
  • Optimize commercial Key Performance Indicators (KPIs) by balancing sales, inventory and profit through impact analysis and quantification to ensure all Key Performance Indicators (KPIs) are achieved
  • Employee?s duties are not limited only to the above-mentioned Accountabilities; he/she may perform other duties as assigned.

Keyskills :

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