MerchandisePlanner-RetailFashion - 2863610

H2Fashion-AbdullaHamadAlGhurairInvestmentLLC
  • MerchandisePlanner-RetailFashion Jobs in Dubai - 2863610

    H2Fashion-AbdullaHamadAlGhurairInvestmentLLC
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2863610

Job Description

Overview
The role of a Merchandise Planner is a highly numerical and analytical role It involves working on the Critical Path and Supply Chain of product Your role will be to ensure the whole buying process from budgeting through to pricing and allocation is completed according to the business strategy, utilizing all available data and market analysis, in order to maximize salesprofit and minimize waste

Key accountabilities include
Ability to develop, monitor and control a significant open to buy
Collect information on sales for all the stores to analyze the performance per product and per store Prepare periodic reports to highlight the sales performance of the products for submittal to the Management
Maximize revenue, margin and profit performance
Analyze and manage margin mix through stock turns, aged stock, assortment mix, markdown program and open to buy to maximise return on investment
Manage replenishment systems and set required parameters in order to optimise stock levels
Monitor and control ordering and quantification to ensure purchasing is according to plan
Produce a variance analysis report of the stock and sales against budgeted figures and suggest corrective actions to Brand Managers
Derive the open to buy figures based on annual sales, stock budgets and prepare sales forecast by brand, dept and season
Control inventories at the store level to maximize sales, inventory and profitability and ensure the stores are stocked on key items and replenished merchandise at all times in order to achieve maximum stock efficiency
Develop and implement a stock analysis to identify obsoleteslow moving stock Suggest action plan for liquidation of stocks
Gain approval on markdowns in line with markdown policy and ensure that any markdown prices are incorporated in the system
Develop location plans based on trend, store profiles, competition, and seasonal conversion issues Identify location growth opportunities and minimize down-trending businesses

Profile Summary

Type:Company Job

Eligibility:Unspecified

Role:Management

Industry:Food Processing

Salary:Unspecified

Function:IT Software - Mainframe

Deadline:15th Oct 2024

Company Profile

Not Mentioned



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