Job Description

Merchandise Financial, Strategic and Assortment Planning



Maximise Sales and profitability for the Ecom



Determine high-level financial goals including pre-season financial plans, in-season projections, size level availability and new product launches online



Prepare and monitor Ecom merchandise MIS analytics based on actual sales, sales forecasts, new product launches, inventory checks, forth coming events, replenishment needs etc



Ensure creation of merchandise plans for all department/category based on insights gained from merchandise analytics, customer preference, historical trends and future outlook projected by Ecom category managers



Discuss, decide and freeze the concept merchandise strategic plans around the following factors



o Financials



Sales,Stock, Margins, OTB (Online Exclusives), Mark Down management etc



o Availability



Subgroub level Sales, Order Quantity, Allocation, Replenishment etc



o Assortment



Style, Price, Brand, Supplier etc



Communicate the merchandise strategic plan to buying team and central planning teams for necessary execution



Execute effective in season management palns from central planning to online channel across territories (stock balancing, markdown management,stock analysis, stock vs sales performance)



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



Keep abreast of the latest trends in Merchandise Planning and discuss the same with the Category Manager from time to time to assess alignment / realignment of existing processes



Ensure Price, bundle offers, promotions are constantly updated and checked with B&M and Online. Ensure base price parity between the channels



Inventory Stock Optimization



Ensure optimum inventory levels are maintained at Concept/Territory keeping in mind B&M and Online requirements as well as working capital constraints



Ensure that no instances of stock outs occur on account of any discrepancy on part of merchandise planning especially on NOOS and Basic lines



Ensure excess inventory is rebalanced from Online stock location and reallocated to common pool for maximising the sell thru of the product



Ensure high levels of size level availability is maintained online in line with the company policies



Category Promotions



Provide inputs on the expected margins, possible price points and other parameters for promotions within the product category



Analyse the effectiveness of the promotions in achieving the targeted levels of sales and margins



Analyse the existing stock levels and liaise with the Marketing/VM/Buying team for timely roll out of promotional campaigns to maintain the territory / warehouse inventory holding norms as well to achieve targeted sales



Inseason Management



Ensure effective inseason management 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



Communicate and facilitate action to be taken on out of line situations with Territory Managers



Visit territories and stores to be abreast with product performance and trends.



Monitor, Manage and Improvise Planning MIS



Ensure adequate merchandise performance



People Management



Manage and support team recruitment



Monitor team development and facilitate complaint resolution



Set KRA's for direct reports and conduct performance appraisal



Oversee team deployment and drive motivation levels of the direct reportees



Qualifications



Merchandise Financial, Strategic and Assortment Planning



Maximise Sales and profitability for the Ecom



Determine high-level financial goals including pre-season financial plans, in-season projections, size level availability and new product launches online



Prepare and monitor Ecom merchandise MIS analytics based on actual sales, sales forecasts, new product launches, inventory checks, forth coming events, replenishment needs etc



Ensure creation of merchandise plans for all department/category based on insights gained from merchandise analytics, customer preference, historical trends and future outlook projected by Ecom category managers



Discuss, decide and freeze the concept merchandise strategic plans around the following factors



o Financials



Sales,Stock, Margins, OTB (Online Exclusives), Mark Down management etc



o Availability



Subgroub level Sales, Order Quantity, Allocation, Replenishment etc



o Assortment



Style, Price, Brand, Supplier etc



Communicate the merchandise strategic plan to buying team and central planning teams for necessary execution



Execute effective in season management palns from central planning to online channel across territories (stock balancing, markdown management,stock analysis, stock vs sales performance)



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



Keep abreast of the latest trends in Merchandise Planning and discuss the same with the Category Manager from time to time to assess alignment / realignment of existing processes



Ensure Price, bundle offers, promotions are constantly updated and checked with B&M and Online. Ensure base price parity between the channels



Inventory Stock Optimization



Ensure optimum inventory levels are maintained at Concept/Territory keeping in mind B&M and Online requirements as well as working capital constraints



Ensure that no instances of stock outs occur on account of any discrepancy on part of merchandise planning especially on NOOS and Basic lines



Ensure excess inventory is rebalanced from Online stock location and reallocated to common pool for maximising the sell thru of the product



Ensure high levels of size level availability is maintained online in line with the company policies



Category Promotions



Provide inputs on the expected margins, possible price points and other parameters for promotions within the product category



Analyse the effectiveness of the promotions in achieving the targeted levels of sales and margins



Analyse the existing stock levels and liaise with the Marketing/VM/Buying team for timely roll out of promotional campaigns to maintain the territory / warehouse inventory holding norms as well to achieve targeted sales



Inseason Management



Ensure effective inseason management 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



Communicate and facilitate action to be taken on out of line situations with Territory Managers



Visit territories and stores to be abreast with product performance and trends.



Monitor, Manage and Improvise Planning MIS



Ensure adequate merchandise performance



People Management



Manage and support team recruitment



Monitor team development and facilitate complaint resolution



Set KRA's for direct reports and conduct performance appraisal



Oversee team deployment and drive motivation levels of the direct reportees



Primary Location: AE-AE-United Arab Emirates

Work location/ ???? ?????: RNA Jafza Office - Dubai RNA Jafza Office - Dubai, , Dubai111111 111111

Job: Merchandise Planning

Organization: Max Concept

Schedule label /?????? ??????: Regular

Shift: Standard

Job Type: Full-time

Day Job

Job Posting/??? ????? ???????: Aug 6, 2024, 1:56:29 AM