Jobs Support Services Jobs in Saudi Arabia in Saudi Arabia
POSITION OBJECTIVE
The job holder will be responsible for merchandise planning process to achieve department /category sales, margin, stockholding and flow objectives under the guidance of Head Merchandise Planning
DO — Key Responsibilities
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, forth coming 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
o Financials
Sales, Stock, OTB, Margins, Forward Cover etc
o Store
Sub-group level Sales, Order Quantity, Allocation,
Replenishment etc
o Assortment
Style, Price, Brand, Supplier etc
• 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 analyse the effectiveness of the promotions in achieving
the targeted levels of sales and margins
• Help analyse 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
o Sales vs. Stock
o Inflows/OTB
o Stock analysis
o Stock balancing
o Margin analysis
5. People Management (In case applicable)
• Monitor trainee development and facilitate complaint resolution
• Oversee team deployment and drive motivation levels of the
trainees
Job Details
| Date Posted: | 2016-02-03 |
| Job Location: | Saudi Arabia |
| Job Role: | Support Services |
| Company Industry: | Retail/Wholesale |
| Monthly Salary: | US $5,000 |
| Joining Date: | 2016-03-01 |
Preferred Candidate
| Career Level: | Mid Career |
| Gender: | Male |
| Nationality: | India |
| Degree: | Diploma |
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