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Planner

Company Name: Lifestyle Concept
Employment Type:Full Time
Location: Dubai
Experience: 2-5 years
Degree: Bachelor
Gender:Any
Age:Any  
Nationality: Any
Salary:Unspecified
No. Of Vacancies:1
Job Description:
BASIC INFORMATION
Position Title
 Planner
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
 
FinancialsSales,Stock, OTB, Margins, Forward Cover etc
Store Subgroub level Sales, Order Quantity, Allocation, Replenishment etc
AssortmentStyle, 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 anchorsSales vs. Stock
Inflows/ OTB
Stock analysis
Stock balancing
Margin analysis