Purpose<\/p>\n
\tThe Merchandise\/Retail Planner develops, maintains, analyzes and executes category level item plans for one or more departments. The Planner is also responsible for store allocations and works directly with Buyer and Merchandise & Planning Manager to achieve strategic goals. The position works directly with suppliers to exchange orders, sales data and item availability information. Manage, train and monitor the Orders Clerks.<\/p>\n
Chain Item Planning<\/p>\n
\tDevelop and maintain item sales and inventory plans
\n\tOverall management and utilization of inventory procurement plan
\n\tDevelop item unit plan using the replenishment system software
\n\tDevelop inventory plan by week by chain.
\n\tRecommend changes to assortment, markdowns, markups, and to promote items based on current rate of sales and go forward plans
\n\tTrack weekly sales performance and make adjustments to sales, forecast receipts and markdowns as needed
\n\tReview item plans (forecasted sales and inventory) with Buyers and suppliers to ensure product availability
\n\tCommunicate inventory concerns for promotional and inline sales through the proper communication vehicles.
\n\tWork with Buyers to develop consensus on forecast sales
\n\tProvide Buyers with promotional forecast for input into ROI and marketing submissions<\/p>\n
Replenishment \/ Allocation<\/p>\n
\tOrder 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
\n\tAnalyze and determine allocation methods for items (Supplier to DC or Direct to Store), based on range profile, store profile and ranking
\n\tAnalyze, determine and execute initial orders for new items to include quantity and timing
\n\tUtilizing 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
\n\tWorks directly with suppliers sharing orders, information on sales plans, performance metrics, and gathering data on item availability
\n\tMaintain the supplier\/category ordering calendar to optimize inbound flow of goods.
\n\tAnalyze store and DC inventory and in-stocks to ensure appropriate store replenishment; execute changes either manually or utilizing allocation tools
\n\tCollaborate with stores and marketing team to develop specific allocation segmentations, support critical roto and Key Item processes, and store specific merchandise requests
\n\tCollaborates with Sales and Operation Team to address supply chain and system issues
\n\tCollaborates with Logistics Team to ensure proper prioritization of hot\/ needed product.
\n\tManage exception reporting to ensure proper allocation down to store level \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0\u00a0<\/p>\n
Assortment Planning<\/p>\n
\tMaintain and partner with Buyers in understanding of store profiles for each category
\n\tWork directly with Buyers to ensure that assortment plans and item eligibility directly coincide with replenishment plans
\n\tWorking with the same team and store planning, suggest appropriate store groupings and bin allocation.
\n\tValidate presentation minimums to ensure enough inventory is available to support periodic events like end caps and feature space<\/p>\n
Financial Analysis, Pricing \/ OTB Planning<\/p>\n
\tResponsible for maintaining financials including Open-to-Buy planning based on the inventory procurement plans.
\n\tEngage with Buyers to manage current and future OTB status, identify issues and opportunities and develop strategies to optimize OTB planning
\n\tDevelop financial plans with Buyers to achieve the department\u2019s annual sales and net margin goals
\n\tAnalyze sales data to identify key performance drives of sales performance and opportunities for expansion
\n\tAnalyse margin data to ensure budget goals are met
\n\tPrepare and develop, plan and implement pricing strategies; implement price reductions<\/p>\n
SKU\/Product\/System Management<\/p>\n
\tReview outliers, focus on items that doing well as well as those that are less successful to guide buying
\n\tConsistently evaluate SKU count to ensure dominance of best-selling products and optimal range.
\n\tLiaise with Buying team on system maintenance updates and changes, which include – delisting\u2019s (product and\/or suppliers), price changes (sell and cost), product loading, promotions, conditional pricing, product hierarchy, supplier details etc.<\/p>\n
Marketing\/ Advertising & Promotions<\/p>\n
\tPartner with the Buyers and Marketing team to review promotions and proofs all advertising before release
\n\tProcess catalogues and insert submissions on the system
\n\tTrack shipping and local orders on all advertised items and prioritize orders for warehouse and locals
\n\tProof ad copy\/photography and proof advertising (pricing, codes, pagination)
\n\tTrack sales on advertised material and report to respective teams
\n\tManage the marketing ROI template by entering deals, prior and actual projections
\n\tCommunicate all promotions related activity to store teams<\/p>\n
Leadership\/Talent Enhancement & Training<\/p>\n
\tContinuously update knowledge and skills in both technical and non-technical merchandising competencies to handle new challenges
\n\tDevelop and train Orders Clerks
\n\tProvide feedback, coaching and guidance where appropriate to enhance skill development<\/p>\n
Cross Functional Partnership<\/p>\n
\tCommunication across company departments\/cross functional teams
\n\tManage 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.)<\/p>\n
Key Requirements<\/p>\n
\tRelevant 3-year Degree\/Diploma
\n\t2 to 3 Years of Product Planning Experience in a retail environment
\n\tArticle Clerk with a passion for planning\u00a0
\n\tHigh level of Excel ability essential
\n\tMust understand forecasting aspect of planning and interaction of key KPI\u2019s
\n\tSound numerical, analytical thinking & logical problem-solving skills
\n\tStrong data handling capabilities
\n\tStrong merchant, trader and commercial mentality
\n\tTeam Collaborator who is strategic and forward thinking
\n\tStrong planning, organizing, administrating and coordinating skills
\n\tAbility to work independently, self-lead and use initiative
\n\tMethodical, detail-orientated and high level of accuracy
\n\tPunctual, Deadline driven and outcomes focused
\n\tStrong analytical and financial skills
\n\tHigh attention to detail
\n\tInventory management
\n\tSales planning
\n\tForecasting
\n\tMust have excellent communication and interpersonal skills
\n\tProven ability to work with all levels within an organisation
\n\tReplenishment system
\n\tAble to interpret numerical data, form conclusions and make quick decisions based on this
\n\tAble to multi-task and prioritise time\/workload effectively
\n\tHighly driven, motivated and confident
\n\tImaginative and creative in identifying workable solutions
\n\tTaking responsibility for development and have a hunger for autonomy and accountability
\n\tPassionate about retail with a desire to progress through to Buyer and beyond<\/p>\n
Apply via company website ( ) or<\/p>\n
toysruscareers.simplify.hr<\/p>\n
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