Merchandiser Planning Manager Jobs

Summary:

Become brand partner in providing analysis for buying and allocation to achieve targeted sales, margin, and inventory. Provide and maintain the Display Capacity.

Roles & Responsibility:

• Trains and develops planning team members with an emphasis around brand/category management.
• Ensures identification of obsolete/slow moving stock and obtain management approval on markdowns and product discounts to ensure stock is liquidated as per retail /brand/category guidelines.
• Order Quantity, Allocation, Replenishment etc.
• Review product performance, and use it as reference during next buying.
• Assist brand partner during performance review to study what has been working and not working.
• Communicates the plans to buying team for necessary execution and ensures effective in-season management across stores/areas (stock balancing, markdown management, stock analysis, stock vs sales performance).
• Develops merchandise plans for all brand/categories based on insights gained from analytics, customer preference, historical trends and future outlook projected by the buyer
• Prepares variance analysis reports of stocks and sales against budgeted figures, identify brand/category growth opportunities to minimize down trending business.
• Determines high-level financial goals including pre-season financial plans, in-season projections, open-to-buy management and new store budgets
• Prepare data analysis to be used as reference during buying and allocation.
• Manages and updates replenishment parameters by location, store volume group as needed within season, communicates with buying function regarding inventory/replenishment as needed.
• Provide, maintain and update the Display Capacity.
• Ensures that no instances of stock outs occur on account of any discrepancy on part of planning.
• Ensures proper coordination with the store managers and distribution centers to ensure that the goods are delivered to respective stores as per the requested quantities and agreed timelines.
• Calculate sales forecast and MPLAN.
• Ensures optimum inventory levels are maintained for each brand/category, keeping in mind store requirements as well as working capital constraints.
• Financials
• Monitors and sets targets by brand/category for GMROII and densities to increase profitability
• Monitor sales and margin performance by variant, and compare it with current buying.
• Formulates and communicates the merchandise strategic plan to buying team for necessary execution
• Monitor NOS articles to ensure sales are at optimum level by maintaining rolling forecast tools.
• Discusses, decides and monitors the strategic plans around the following factors
• Reviews the merchandise plans on a periodic basis to ensure profit is maximized and maintained to reach target levels.
• Ensures excess inventory is not maintained at the warehouses or the stores and there is proper adherence to the Business Unit’s policies and procedures.
• Sales, Stock, OTB, Margins, Forward Cover etc.
• Participates in capacity planning to determine the capacity required and ensure smooth supply of products.
• Monitor incoming stocks, and call out any potential risks due to late incoming product or overstocks.
• Review buying to ensure Brand has enough varieties and depth.
• Analyses and monitors merchandise planning MIS analytics based on actual sales, sales forecasts, company order parameters, inventory checks, forth coming events, replenishment needs etc.

Requirements"

• Excellent in numbers and computer skills (especially Microsoft Office Excel).
• A minimum of 8 - 10 years of relevant experience with at least 5 years in planning for products with data analysis, preferably in Retail / Merchandising / Demand Planning.
• Fluent in English for both oral and written.
• Excellent written & verbal communication skills, interpersonal skills, attention to detail and strong analytical skills.
• Minimum Bachelor's Degree graduated from Accounting, Engineering, any similar fields.
• Ability to work in a team and other division.
• Comfortable working with massive data.