Merchandise Planner Mr Price - Durban at Mr Price Group

JOB DESCRIPTION

• Under general direction create the department's financial plan and execute the department's seasonal strategy by delivering an assortment based on history and future trends that optimizes sales and profit whilst effectively managing the inventory.

RESPONSIBILITIES

Current Trade & Post Mortem:

• Extract & analyse financial KPI's & product performance against set plan by sub department season, category & sub category.
• Compile a draft report highlighting all issues that have impacted performance.
• Lead a discussion to develop an action plan that will maximize sales & profit.
• Conclude the action plan out of this discussion that will include re-forecasting financial plan in respect of sales, orders, stock, markdown planning going forward as well as inform key strategic input for forthcoming seasons.
• Collaborate with location planning team to identify missed store opportunities & agree an action plan to correct missed opportunities.
• Complete the current trade report for relevant management.                               

Post Mortem:

• Collaborating with the location planner to review the previous season's zero-based plan (ZBP) in order to conclude the previous seasons missed opportunities.
• Summarize in a post-mortem the previous seasons performance (sub dept. season KPI's) based off current trade reports & compile key lessons learnt.                                              

Seasonal Strategy:

• Develop a seasonal strategy for the sub department which will include strategic objectives, a top line financial plan which is aligned to the previous seasons post mortem, growth opportunities & trend direction.
• Reconcile the seasonal strategy with the location planning strategy & the marketing strategy.
• Lead the strategy discussion & agree the seasonal strategy to be presented to the management team ensuring it is aligned to key company growth initiatives.               

Building an Assortment:

• Build the initial assortment plan in collaboration with the buying & location planning team ensuring that post mortem, agreed strategy, current trade, trend & external factors are considered.
• Reconcile the assortment plan back to the merchant & location financial plan by checking that the key strategic ratios are consistently flowed through the season & across store profile.
• As a team review, agree the assortment plan & assist with preparing the required presentation documents.    

Order Placement & Product Allocation:

• Create all order lines for the season with your greater team ensuring accuracy in all detail inclusive of category & sub category detail, product attributes, size curve, cost prices, selling prices, and PMO (Project Management Office).
• Check all order placing activities & order authorizations are completed timeously according to calendar deadline requirements.
• Collaborate with location planning team to ensure order allocations are completed timeously according to calendar deadline requirements.                                                               

Coaching & Development:

• Provide direction & mentorship to trainee planner & junior planner within your greater team.   

QUALIFICATIONS

Education:

• University Degree/Diploma Qualification with 2-3 related quantitative or supply chain subjects.

Experience:

• Minimum of 2-3 years planning experience.