Job Description
- Strategize, plan and execute a balanced profitable assortment in collaboration with the buyer and location planner, based on historical, trend and customer/store analysis in line with the Company's strategy.
Responsibilities
Stock Management:
- Ensure that orders are placed within specific time lines and with strategic suppliers in order to meet demand as predetermined in the strategy and review process.
- Review and adapt PIS (Put into stock) based on external factors (supplier issues, DC issues etc.).
- In reaction to current trade and customer demand, adjust forward order book and address poor performing stock through markdowns.
Business Growth & Opportunity:
- Drive the growth & profitability of your department through increasing sales by analyzing proposed growth opportunities, testing category extensions & understanding competitors (through comp shops), with our customer in mind.
Merchandise Strategy:
- Develop a seasonal product strategy for your department, in line with company strategy (considering post-mortem analyses, PMO (Price Mark On) targets, test money, OTB (Open to Buy), budgets, pricing strategies, supplier strategies, marketing & digital, etc.) in order to achieve department targets
Product Review:
- Develop a strategic assortment for the department (considering sub cats, planned promotions, volume opportunities, store profiles, optimums, price-point plan, replenishment etc.) in line with company and seasonal strategies in order to meet department review plan targets.
Current Trade:
- Consistently monitor and react to current trade by analyzing product and store performance for your department & make appropriate trade decisions (including stock and order book management, actioning markdowns, promotional activity, supplier negotiations for cancellations and discounts) in order to potentialize sales
Qualifications
Education:
- Degree or NQF Level 6 / Diploma
Experience:
- 3 Years retail planning experience
Knowledge/ Skills:
- Commercial acumen
- Economic understanding of supply & demand
- Retail market & industry knowledge
- Numerical skills
- Effective Communication skills (verbal & written)
- Negotiation skills
- Proficiency in MS Office Applications
- Conflict management
- Analytical skills
- Business understanding of Milady's business processes, MRPG Systems & BI and the Milady's customer.