Manager - Planning

7 months ago


UAE, United Arab Emirates Apparel Group Full time

P
- lans and forecasts for future merchandise buys based on historical buys, reoccurring buys and current inventory levels. Responsible for reviewing stock to sales ratios, responding to changing sales trends, and ensuring plan sales, plan markups, and plan markdowns are achieved by brands. B
- uilding the P&L basis on which the yearly Sales Budgets are designed for profitability of each store. W
- eekly Tracking of achievement of budget and LFL growth for assigned department. Driving stores on achievements of daily targets with dynamic changes as per market demand. M
- anaging inventory levels of assigned department at the store. C
- ritical path analysis for the stocks to be launched for the season and flagging the delays if any to the team. Highlight the pull forward stocks as per demand and covers if required. E
- nsure desired first price sell-thru for assigned department for each season. O
- TB Management & tracking on Planned Inventory flows. A
- ssortment Planning based on the OTB to match the requirement of business & have optimum sell thru. E
- nsure the realized margin target for the department are met. E
- nsure adequate mix of merchandise at the stores as per the set guidelines and Planned covers. T
- racking of Never out of Stock merchandise based on optimum stocks required as per the seasons ahead & optimum stock levels at stores. L
- aunching of new products and categories at the stores and ensure timely replenishment. W
- eekly activity of performing inter-store consolidations to maximize sell-thru and avoid any loss opportunity. C
- oordination and liaising with Operation team, buying team, finance team & Marketing team and logistics team as per planned agenda. M
- onitoring the Business tracker on Budgets vs. Achievement for sales, inflow tracking for stocks & timely replenishments at store to fill gaps & have no loss opportunity. WSSI (Weekly Stock Sales & Intake Plan monitoring by week) A
- GEING Inventory discussion and Planning to have clean Inventory record and avoid blockage of old inventory and maintain freshness in business. Periodic markdowns and promotions as per requirement by category. Phase wise markdown planned to have higher sales margin and better sell thru. P
- eriodic market visits to understand the competitor’s strategy for the season and customers behavior in terms of product selection and pricing. M
- eeting with Brand Principle (conference call) for update on the business and insights on current market conditions. Guidelines from Principle are followed and executed. P


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