Job Description
Requirements
- Degree or Diploma in Business, Retail, Supply Chain, Finance, Mathematics, or related field.
- Minimum 5 years' retail merchandise planning experience.
- Advanced Microsoft Excel skills and experience with retail planning systems.
- Strong understanding of inventory management, forecasting, OTB, and retail financial planning.
Skills:
- Strategic and commercial thinking
- Strong analytical and numerical ability
- Inventory and OTB management expertise
- Cross-functional collaboration and influencing skills
- Agile decision-making in a fast-paced retail environment
Behaviours:
- Drives Results - sets ambitious goals and takes focused action to achieve desired outcomes to deliver measurable results
- Ensures Accountability - takes accountability and ensures others are held to account on agreed upon performance targets
- Plans and Aligns - develops plans and prioritises initiatives that align to the organisational goals and objectives
- Situational Adaptability - effectively adjusts their behaviour, approach, and decision-making based on the situation
- Strategic Mindset - thinks and plans strategically, focusing on the long-term goals and objectives of the organisation
Preference will be given, but not limited to candidates from designated groups in terms of the Employment Equity Act.
Key Duties
- Develop seasonal and annual merchandise plans aligned to company financial targets.
- Forecast sales, margin, inventory, and profit at department and category level. Manage Open-to-Buy (OTB) budgets and adjust stock investments based on trading performance.
- Partner with Buyers to create balanced and commercially effective assortments.
- Analyse sales trends, stock productivity, and customer demand to identify risks and opportunities.
- Drive markdown and clearance strategies to maximise sell-through and profitability.
- Monitor key retail metrics including GMROI, sell-through, inventory turn, weeks of supply, and margin performance.
- Collaborate with Supply Chain, Logistics, Stores, and Finance to ensure effective stock flow and availability.
- Lead a small team consisting of a planner and allocator
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