Merchandise Planner

Role Overview

The Merchandise Planner will be instrumental in managing range planning, forecasting, procurement, and tracking the performance metrics related to sales, stock levels, and markdowns. This position is well-suited for individuals passionate about fashion and equipped with strong analytical capabilities.

Key Responsibilities

• Collaborate closely with franchise partners to establish seasonal Open-to-Buy (OTB) plans aligned with financial objectives.
• Project order volumes for designated product categories effectively.
• Implement tactical measures to meet key performance indicators such as sales targets, sell-through rates, and optimal inventory closing stock levels.
• Support the execution of pre-season initiatives including launch scheduling, allocation planning, pricing strategies for new seasons, and range development.
• Curate and oversee product assortments, strategically enhancing performance over the product lifecycle.
• Facilitate in-season operations including managing repeat purchase orders, markdown strategies, and stock consolidation.
• Foster collaborative and productive relationships within the team, across functional units, and franchise partners.
• Analyze region-specific and partner-specific market characteristics and competitor activities to optimize business outcomes.
• Contribute to departmental projects aimed at improving IT systems and overall departmental productivity.

Candidate Requirements

• A degree in Finance, Accountancy, Business, Retail Management, Statistics, Business Analytics, Mathematics, or Supply Chain Management.
• Preferably a minimum of two years of relevant professional experience; however, applicants without prior experience will also be considered.
• Basic understanding of merchandising, buying procedures, and product knowledge.
• Proficiency in MS Excel and excellent computing skills.
• Strong planning, organizational, and multitasking capabilities to navigate a dynamic work environment.
• A positive attitude with resilience under pressure.
• Good interpersonal and leadership abilities.
• A willingness to engage with individuals from diverse cultural backgrounds.
• Bilingual proficiency and a proactive mindset complemented by robust analytical skills.
• Attentive to details with a strong numerical aptitude.
• Competent in presentation preparation and report writing.
• A keen interest in fashion and enthusiasm for the fashion sector.
• Experience with SAP and Qlikview is an added advantage.