The job holder is responsible for ensuring Concept merchandise planning & MIS analytics based on actual sales, sales forecasts, company order parameters, inventory checks, forth coming events & replenishment needs etc.
Also Responsible for Maximise sales and profitability in the business by providing effective planograms, managing assortments across stores by Territory/Department/Class/Sub-Class and ensuring inventory levels to achieve or exceed sales targets set by the business. (Candidate with MFP, AP & PLM experience are preferred)
Merchandise Financial, Strategic and Assortment Planning
Ensure creation of merchandise plans for all department/category based on insights gained from merchandise analytics, customer preference, historical trends and future outlook projected by the buyer.
Maximise Sales and profitability for the Concept
Determine high-level financial goals including pre-season financial plans, in-season projections, open-to-buy management and new store budgets.
Discuss, decide and freeze the concept merchandise strategic plans around the following factors
Financials (Sales, Stock, OTB, Margins, Forward Cover etc)
Store (Sub-group level Sales, Order Quantity, Allocation, Replenishment etc)
Assortment (Style, Price, Brand, Supplier etc)
Building working relationships with Store managers & identifying their needs, providing information on key factors such as last pieces, items not selling, discontinued lines etc & allowing freshness into the stores.
Prepare & Monitor Reports on Performance of Dept./Class/Subclass (where Applicable) to identify any exceptions to Sales, Stockholdings, Forward Covers, Inflows and propose actions on out of line situations to the Planners/Buyers monthly with action to be taken.
Visit warehouses and Stores on an agreed frequency to monitor Orders arrival into warehouse and ensure items are being displayed in the correct quantities where store planograms /Matrices have space/need (Daily)
|Job Location:||Dubai, United Arab Emirates|
|Job Role:||Design, Creative, and Arts|
|Company Industry:||Retail & Wholesale|
|Career Level:||Entry Level|