Job Purpose :
- To control and strategically drive the plans for stock distribution, brand merchandising, space planning and supply chain processes in order to maintain stock levels within the set budget
Key Accountabilites :
Strategic :
- Create a strategic road map and develop stock and pricing strategies to maximize profits and ensure customer satisfaction
Financial :
- Direct and implement the function's financial and budget activities to fund operations.
- Interpret financial sales data to make decisions and recommendations that impact the business.
- Understand of the process and methods of gross margin profitability planning.
Operational :
- Conduct pre-season, in season and post season planning in collaboration with the buying team.
- Ensure processes at each stage are accurately defined and understood in order to achieve productivity and profitability.
- Liaise with relevant stakeholders regarding allocation strategies and product availability.
- Ensure accurate and timely stock counts, carried out in accordance with the operational guidelines.
- Lead retail planners to build and refine plans for key accounts based on retail strategies and opportunities, ensuring profitability in the most critical styles.
- Drive alignment of assortment plans with cross functional partners including business planning, merchandising, buying, accounts, sales and distribution.
- Reduce overall company stock holding and minimize markdowns.
Monitor and review key measures involving :
- Reduction in turnaround of replenishment.
- Reduction in average store stock cover.
- Increase in the core line instock level.
- Improvement in size availability.
- Develop and oversee the brand merchandising function within the business, and to proactively implement store profiling and clustering.
Eligibility :
Education and Certification :
- Bachelor's Degree in Business Management or any relevant field
Experience :
- 6 - 8 year's of experience in a retail focused and planning environment.
Knowledge and Skills :
- Proficient Knowledge of Microsoft office and relevant industry standard software.
- Working knowledge of IT tools and the ability to handle electronic data.
- Experience in inventory planning as well as managing inventory preferred.
- Exposure of management and planning tools preferred.
- Preferred background in buying, planning and stock distribution
EXPERIENCE IN FAST MOVING FASHION RETAIL COMPANY PREFERRED.
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