The purpose of the Planner role is to develop and execute a product strategy, in conjunction with the Buyer and Departmental Management, to ensure increased sales, improved margins and optimal inventory levels. The role formulates and manages the quantitative aspects of product procurement from budget to execution stage. The Planner role further identifies out of line situations and trends by conducting ongoing analyses and proposing feasible action steps to correct the out of line situation.
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Job Objectives
Perform on-going merchandise performance analyses for the area of responsibility, by analysing the current performance against budgeted values including sales, margin, and stock metrics such as stock turn and stock to sales ratio.
Investigate over and under performance to identify root cause and thereby find opportunities to extend the over or correct the underperformance.
Propose the merchandise budget for the financial year and obtain approval of the proposed budgeted values.
Work together with the Buyers, Senior Buyers and Replenishment team to ensure the creation of balanced assortment plans at store level.
Review and manage store clustering on an ongoing basis, by performing turnover and demographic analyses to ensure stores are correctly clustered.
Review and maintain the cluster ranging on an ongoing basis to ensure the availability of balanced ranges at store level.
Manage the execution of the approved budget for the financial year for the area of responsibility.
Perform ongoing analyses throughout the financial year to identify out of line situations and propose corrective action.
Manage item life cycle and collaborate with Buyers for the discontinuation and clearance of 'end of range' articles.
Analyse post promotional and event data to determine any lost or missed opportunities and improve future promotional forecasts.
Perform ongoing engagement with the Store and DC Replenishment team to ensure that the current approved Merchandise Strategy is executed throughout the supply chain.
Assist and support with internal projects and tasks as business demands and needs requires.
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Qualifications
Essential
Business Degree or Diploma in Economics, Supply Chain or a related field
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Experience
Essential
+3 years' experience in a Merchandise Planner role with demonstrable knowledge and experience managing a sizeable planning portfolio within a large retail organisation
Desirable
SAP Retail / Buying experience
Arthur / Enterprise Planning experience
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Knowledge and Skills
Essential
Deep knowledge and application of forecasting, statistical modelling, sales projections, replenishment and merchandise planning principles and methodologies.
Strong knowledge and understanding of buying, supply chain and retail operations processes.
Strong knowledge of economic trends and its impact on consumer spending.
Strong proficiency in Microsoft Office 365 with an advanced level of Excel skill.
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