Job Category: Merchandise Planning
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Through constant innovation, your core responsibility would be to lead the 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:
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