To investigate, analyse, and fine tune planning and forecasting parameters, while continuously improving inputs for the Fashion, Beauty, and Home BU. These forecasting systems inform merchant decisions, drive product buy volumes, and support effective stock allocation and replenishment to stores.
Job description
Parameter Management
Manage the parameters & algorithms within the demand planning systems to optimise the
weekly sales forecasts
Identify opportunities, adjust and optimise:
the calculation that drives the cleansing of sales
the model that drives price elasticity
the calculation of planning system inputs such as APS, Store Deviations & Ranking
Profile Management
Generate and continuously improve:
seasonal profiles to enable accurate sales demand forecasts driving optimal chain & store
intake
size profiles for the purpose of allocating correct sizes to stores
APS management and optimizing
Forecasting
Measure and report on forecast accuracy to enable the delivery to availability targets
Identify & execute opportunities to improve the forecast accuracy
Business Reporting
Provide business analysis on key initiatives and current business issues to assist the business
in decision making
Allocation & Replenishment Input
Provide input into the optimisation of allocation & replenishment algorithms
System and Process Support
Provide support on the forecasting and profiling systems
Pro-active identification of system issues - forecasting, seasonal profiles, size profiles, sales
cleansing service, analytics services
Provide administrative support around the system maintenance
Communication with Stakeholders
Identify relevant stakeholders and communicate requirements for delivery for the various
business operations timeously
Provide ongoing coaching and support on centralised business processes to relevant
stakeholders
Providing support to the planning community on identifying and improving forecast accuracy,
analytics and profiles.
Minimum requirements
3-5 years retail experience or relevant equivalent experience
Relevant business diploma/degree (Retail business management/BCom/Clothing
management/BScience/BA, Stats-advantageous)
Broad merchandising skills
Data analysis experience
Forecasting knowledge/experience
Advanced Excel skills and computer literacy
Effective communication skills
Good knowledge of business IT systems (Forecasting, Range & Assortment Planning, Analytical
e.g. SAS, Reporting Cubes)
* AI forecasting experience would be an advantage
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