The Assistant Merchandise Planner develops, maintains, analyses and executes category level item plans for one or more departments. The Assistant Planner is also responsible for store allocations and works directly with the Category Manager and Retail Planner to achieve strategic goals. The position also liaises with suppliers to exchange orders, sales data and item availability information.
Key Skills needed:
Strong analytical and financial skills
High attention to detail
Inventory management
Sales planning
Forecasting
Expert level skills in retail merchandising tools and Microsoft tools/applications such as Excel and Outlook
Must have excellent communication and interpersonal skills
Proven ability to work with all levels within an organisation
Replenishment system
Able to interpret numerical data, form conclusions and make quick decisions based on this
Able to multi-task and prioritise time/workload effectively
Highly driven, motivated and confident with a diverse range of people
Imaginative and creative in identifying workable solutions
Taking responsibility for development and have a hunger for autonomy and accountability
Passionate about retail with a desire to progress through to Buyer and beyond
Job description
Chain Item Planning
Develop and maintain item sales and inventory plans
Overall management and utilisation of inventory procurement plan
Develop item unit plan using the replenishment system software
Develop inventory plan by week by chain
Recommend changes to assortment, markdowns, markups, and to promote items based on current rate of sales and go forward plans
Track weekly sales performance and make adjustments to sales, forecast receipts and markdowns as needed
Review item plans (forecasted sales and inventory) with Buyers and suppliers to ensure product availability
Communicate inventory concerns for promotional and inline sales through the proper communication vehicles
Work with Buyers to develop consensus on forecast sales
Provide Buyers with promotional forecast for input into ROI and marketing submissions
Replenishment / Allocation
Order and manage inventory investments according to OTB and to ensure the right product arrives in the right location in the right quantity at the right time
Analyse and determine allocation methods for items (Supplier to DC or Direct to Store), based on range profile, store profile and ranking
Analyse, determine and execute initial orders for new items to include quantity and timing
Utilising the ordering, replenishment and inventory procurement plans, review, maintain and execute vendor orders to ensure proper flow of product from supplier to all stores/DC, within given Open To Buy, Weeks Of Supply, and in stock goals
Works directly with suppliers sharing orders, information on sales plans, performance metrics, and gathering data on item availability
Maintain the supplier/category ordering calendar to optimize inbound flow of goods.
Analyse store and DC inventory and in-stocks to ensure appropriate store replenishment; execute changes either manually or utilizing allocation tools
Collaborate with stores and marketing team to develop specific allocation segmentations, support critical roto and Key Item processes, and store specific merchandise requests
Collaborates with Sales and Operation Team to address supply chain and system issues
Collaborates with Logistics Team to ensure proper prioritization of hot/ needed product.
Manage exception reporting to ensure proper allocation down to store level
Assortment Planning
Maintain and partner with Buyers in understanding of store profiles for each category
Work directly with Buyers to ensure that assortment plans and item eligibility directly coincide with replenishment plans
Working with the same team and store planning, suggest appropriate store groupings and bin allocations
Validate presentation minimums to ensure enough inventory is available to support periodic events like end caps and feature space
Financial Analysis, Pricing / OTB Planning
Responsible for maintaining financials including Open-to-Buy planning based on the inventory procurement plans.
Engage with Buyers to manage current and future OTB status, identify issues and opportunities and develop strategies to optimise OTB planning
Develop financial plans with Buyers to achieve the department's annual sales and net margin goals
Analyse sales data to identify key performance drives of sales performance and opportunities for expansion
+ Analyse margin data to ensure budget goals are met
+ Prepare and develop, plan and implement pricing strategies; implement price reductions
SKU/Product/System Management
Review outliers, focus on items that doing well as well as those that are less successful to guide buying
Consistently evaluate SKU count to ensure dominance of best-selling products and optimal range.
Liaise with Buying team on system maintenance updates and changes, which include - delisting's (product and/or suppliers), price changes (sell and cost), product loading, promotions, conditional pricing, product hierarchy, supplier details etc.
Marketing/ Advertising & Promotions
Partner with the Buyers and Marketing team to review promotions and proofs all advertising before release
Process catalogues and insert submissions on the system
Track shipping and local orders on all advertised items and prioritise orders for warehouse and locals
Proof ad copy/photography and proof advertising (pricing, codes, pagination)
Track sales on advertised material and report to respective teams
Manage the marketing ROI template by entering deals, prior and actual projections
Communicate all promotions related activity to store teams
Leadership/Talent Enhancement & Training
Continuously update knowledge and skills in both technical and non-technical merchandising competencies to handle new challenges
Develop and train Orders Clerks
Provide feedback, coaching and guidance where appropriate to enhance skill development
Cross Functional Partnership
Communication across company departments/cross functional teams
Manage tasks and responsibilities within cross-functional teams and cultivate networks across divisions and functions to improve business processes; ensure honest, direct and ethics in dealing with others (Shipping, Finance, Marketing, Warehouse, Ops, HR, Store Design, Property etc.)
General:
To undertake all mandatory training as required and participate in appropriate in-service training as and when required
Maintaining the strict confidentiality of all information acquired especially with regard to trade procedures, policies, system data, and all company information and assets
To undertake an appraisal and personal development review quarterly and through self-development, continuously update and improve knowledge and competencies
To take responsibility for being up to date with current policies and procedures and to adhere to these
Co-operating fully in the introduction of any new technology and new methods as appropriate
To undertake any other relevant duties requested by the Buyers, Directors and / senior management
Conduct Module Reports
Generating PO's
All of the above tasks and responsibilities are a summary of the typical functions of the job and may not be exhaustive of all possible responsibilities, tasks and duties of the Planner. The Planner will be required to perform any other tasks necessary for the conduct of the employer's business, as the employer may from time to time direct
Education and Experience:
Grade 12 with Accounting and Mathematics
Degree in Supply Chain or similar field
This role is a good match for article clerks.
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