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Merchandise Planner
3 days ago
The Merchandise Planner will use a data-driven approach to optimize sales, margin and inventory. They will forecast future seasonal demand at category - subcategory level for each region, maximize sell-thru in-season by collaborating with key stakeholders: Commercial, Finance, E-commerce and Buying.
**Job Description**:
- Set up appropriate system parameters, profiles, safety stocks, display minimums to achieve store/item in stock goals and objectives
- Create seasonal, monthly and weekly plans and forecasts for sales, inventory, markdowns and gross margin
- Initiate and develop actionable analysis to recap business by classification and subclass at a top-line store level in order to partner with buying team to create strategies to drive sales and achieve gross margin profitability
- Work with buying team and stores to analyze business by door to maximize sales and stock opportunities
- Produce weekly reports recapping sales, inventory and gross margin vs
- Track receipts to support in-season allocation strategies
- Liaison between Field and Transportation/DC when scheduling deliveries for ongoing weekly replenishment special circumstance deliveries
- Develop, review and analyze weekly product reports for merchandising and planning strategies
- Partner with Allocation to ensure timely flow of monthly newness into store
- Work closely with Merchandising Head and Marketing team on assortment plans and monthly product highlights to support outlet initiatives
- Advanced computer skills in Excel required (v-lookups, pivot tables, complex formulas)
- Excellent communication, analytical and strategic thinking skills
- Ensures store inventory plans are in line with capacity requirements from Global Buyers and local Allocation Planning
**Requirements**:
- 4+ years of experience in Planning in Fashion Retail or FMCG
- Highly analytical and data-driven working comfortably with quantitative figures
- Advanced knowledge of excel and MS office and planning tools
- Experience in of forecasting, merchandise planning, allocation, replenishment and financial planning processes and systems
- Commercially minded problem-solver with proven track-record of delivering financial targets
- Strong stakeholder management, aiming for win-win solution
- Excellent communication, influencing and presentation skills
- Knowledge of retail & fashion business
- Communicate with candor and value open debate to ensure the best ideas come to life, collaborating with stakeholders
- Self starter enthusiastic and pragmatic
- Proficient in the English language
- Full Price Gross Margin COMPETENCIES
- Analytical Thinking
- Being Inclusive
- Collaborating & Influencing with Respect & Trust
- Communicating effectively
- Demonstrating Customer Centricity
- Demonstrating Personal Resilience & Adapting to Change
- Driving Results
- Inventory Management - GCF
- Merchandising
- Planning, forecasting and budgeting
- Price Management
- Supply Planning
- Understanding & Developing Self
**Salary**: AED6,000.00 - AED10,000.00 per month
Ability to commute/relocate:
- Dubai: Reliably commute or planning to relocate before starting work (required)
**Experience**:
- Retail Footwear: 3 years (required)
- Merchandise Planning: 5 years (required)
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