Retail Planner

3 days ago


Dubai, Dubai, United Arab Emirates Al Khayyat Investments (AKI) Full time
Job Description:

We are seeking an experienced Merchandise Planner to join our Retail division. The ideal candidate will be responsible for planning and controlling the inventory of the product range to drive sales and minimize losses through effective merchandising and inventory management strategies.

The successful candidate will have a strong background in retail, with expertise in merchandise planning, inventory management, and data analysis. They will be responsible for forecasting future seasonal demand, developing and managing merchandise plans, and ensuring effective in-season management across territories.

Key Responsibilities:

  • Determine financial goals for the product range to achieve business objectives - pre-season financial plans, in-season projections, open-to-buy management, and new store budgets.
  • Develop and manage weekly, monthly, quarterly, and yearly merchandise plans and OTB.
  • Evaluate and implement effective in-season management across territories - stock transfers, markdown management, stock analysis, stock vs sales performance, non-moving stocks.
  • Manage and review replenishment orders for relevant products based on model stock and trends to achieve optimal sales, profit, inventory performance, and turns.
  • Analyze slow and best sellers to maximize sales and minimize lost opportunities.
  • Oversee all aspects relating to shipments, logistical processing, and allocation functions.
  • Manage aged inventory and markdown strategy accordingly both in-season and end-of-season markdown strategy.

Requirements and Qualifications:

  • Bachelor's Degree or Equivalent Experience.
  • Minimum 4+ years of experience in fitness/sports goods/retail or similar sector.


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