Landmark Careers – Planner

Landmark Group

Job description

The job holder will be responsible for merchandise planning process to achieve department /category sales, margin, stockholding and flow objectives under the guidance of Head Merchandise Planning.

Merchandise Financial, Strategic and Assortment Planning

  • Maximize Sales and profitability for the department/category
  • Support in determining high-level financial goals including pre-season financial plans, in-season projections, open-to-buy management and new store budgets
  • Prepare and maintain department/category merchandise MIS analytics based on actual sales, sales forecasts, company order parameters, inventory checks, forth coming events, replenishment needs etc.
  • Assist in the creation of merchandise plans for the category based on insights gained from merchandise analytics, customer preference, historical trends and future outlook projected by the buyer
  • Assist in discussing, deciding and freezing the department/category 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.
  • Communicate the merchandise strategic plan to buying team for necessary execution
  • Ensure effective in season management across territories (stock balancing, markdown management, stock analysis, stock vs sales performance)
  • Help review the merchandise plans on a periodic basis to ensure profit is maximized and maintained to reach target levels
  • Ensure that the standards of Merchandise procedures and Methodologies are maintained and kept uniform.

Inventory Stock Optimization

  • Ensure optimum category inventory levels are maintained at Concept/Territory keeping in mind store requirements as well as working capital constraints
  • Ensure that no instances of category stock outs occur on account of any discrepancy on part of merchandise planning
  • Ensure excess category inventory is not maintained at the warehouses or the stores and there is proper adherence to the concept/territory ageing policy

Category Promotions

  • Provide inputs on the expected margins, possible price points and other parameters for promotions within the product category
  • Help analyze the effectiveness of the promotions in achieving the targeted levels of sales and margins
  • Help analyze the existing stock levels and liaise with the Buying/VM/Marketing team for timely roll out of promotional campaigns to maintain the territory / warehouse inventory holding norms as well to achieve targeted sales

In season Management

  • Ensure performance is monitored against plan for the assigned category/department, regularly supported by exception reporting
  • Ensure effective in season management of the assigned category/department through regular analysis and action planning across concept and territory, based on the performance around the following anchors :
  • Sales vs. Stock
  • Inflows/ OTB
  • Stock analysis
  • Stock balancing
  • Margin analysis

Job Details:

Company: Landmark Group

Job Type: Full Time

Job Location: Dubai, United Arab Emirates

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