Merchandise Planner

Recruiter:

Talented Recruitment

Job Ref:

DBN001608/KA

Date posted:

Monday, June 7, 2021

Location:

Durban, South Africa

Salary:

Negotiable

SUMMARY:
Plans and forecasts for future merchandise buys based on historical buys, reoccurring buys and current inventory levels. Responsible for reviewing stock to sales ratios, responding to changing sales trends, and ensuring plan sales, plan markups, and plan markdowns are achieved. Being a Merchandise Planner plans and coordinates merchandise flow through. Inputs and maintains various merch systems.

POSITION INFO:

Key Responsibilities and Accountabilities

Manage the purchase budget process and ensure that buyers are adhering to the plans. Work towards creating and managing the annual OTB system
Inventory Management Optimization
Track existing product lines to assess sell rate and make recommendations on next steps
Work closely with the buying teams to accurately forecast trends, plan stock levels and monitor performance
Assist to create annual sales forecast and sales plan
Participate in meetings and strategy sessions
Review incentive program for stores monthly with Merchandising Executive
Participate in “post mortem” national reviews
Responsible for the identification of floor plans and allocations as well as replenishment for new stores and relevant promotions
Responsible for forecasting, replenishing, and maintaining min/max levels of core product
Work closely with Merchandise team to develop purchase plans and assortment guidelines
Create Ad Hoc reporting to support management
Working closely with buyers and other merchandisers to plan product ranges
Meeting suppliers, distributors and analysts
Visiting manufacturers, stores and suppliers
Supervising and training junior staff
Managing levels and distribution of stock
Setting stock promotions/price reductions as appropriate
Promoting best-selling items in order to maximise profits

Skills, knowledge and Experience

Bachelor’s degree in commerce, business planning or a related field is essential
Previous experience in a planning capacity is also required
Advanced Excel proficiency
Business Intelligence proficiency
Analytical skills
Numerical skills
Commercial awareness
Results-oriented

NB! This job is now closed. You can apply for other jobs by uploading your CV.

Merchandise Planner

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