Senior Merchandise Planner

2 weeks ago

Dubai, Dubai, United Arab Emirates Landmark Group Full time

Direct message the job poster from Landmark Group

Senior Executive Human Resources | Talent Management

Hiring Alert

Dear Connections,

We have an exciting new opportunity. Landmark Group is currently Hiring "Senior Merchandise Planner" for Dubai, (onsite).

Job Type: Full time

Experience : 5-10 years

The job holder will be responsible for merchandise planning process to achieve department/category sales, margin, stockholding, and flow objectives under the guidance of Planning Manager. Responsible for maximizing sales and profitability in the business by providing effective merchandise strategies to achieve the strategic and financial objectives of the concept.

Responsibilities for Candidates

  1. 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, forthcoming 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: Store, Assortment
    • 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
  2. 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
  3. 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
  4. 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: Inflows/OTB, Stock analysis, Stock balancing, Margin analysis
    • Monitor trainee development and facilitate complaint resolution
    • Oversee team deployment and drive motivation levels of the trainees

Qualifications for Internal Candidates

Graduate degree in commerce or business administration/ Post Graduate degree in Business Administration / Diploma in Retail discipline. Planner - Total 5 years of experience out of which 3 years should be in a similar role and similar industry. Senior Planner - Total 8 years of experience out of which 3 years should be in a similar role and similar industry.

Seniority level
  • Mid-Senior level
Employment type
  • Full-time
Job function
  • Retail and Retail Apparel and Fashion
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