Retail Planner – Lifestyle Opening at Landmark Group

Retail Planner

Retail Planner – Lifestyle Opening at Landmark Group

The Job: Retail Planner – Lifestyle

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

 

Key Responsibilities –

Merchandise Financial, Strategic and Assortment Planning

 

  • Maximise 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
    • Financials
        • Sales,Stock, OTB, Margins, Forward Cover etc
    • Store
        • Subgroub level Sales, Order Quantity, Allocation, Replenishment etc
    • Assortment
        • Style, Price, Brand, Supplier etc

      Assist in discussing, deciding and freezing the department/category merchandise strategic plans around the following factors

  • 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
  • Ensuring that no instances of category stock outs occur on account of any discrepancy on part of merchandise planning
  • Ensure excess category inventory maintenance at the warehouses or the stores and there is proper adherence to the concept/territory ageing policy

 

In season Management
  • Ensure performance monitoring against plan for the assigned category/department, regularly supporting using 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
  • Apply

November 22, 2018

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