Assistant Planner
Job description
Job description / Role
Employment: Full Time
Job Description
- 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
o Financials
- Sales, Stock, OTB, Margins, Forward Cover etc
o Store
- Subgroub level Sales, Order Quantity, Allocation, Replenishment etc
o Assortment
- Style, 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
- Ensure optimum category inventory levels are maintained at Concept/Territory keeping in mind store requirements as well as working capital constraints
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
- 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 anchors
Requirements
* Graduate degree from NIFT/ equivalent Fashion Institute or graduate degree in commerce or business administration
* Masters degree in NIFT/ equivalent Fashion institute preferred
* Experience: 1-2 years
* Good knowledge of Merchandise planning and analytics
* Good knowledge of Retail Industry and strong knowledge of retail maths
* Planning and Organising skills
* Problem solving & Analytical skills
* Strong & Quick excel skills and good knowledge of MS office
* Good expertise in handling BI/ MIS/ ERP systems
About the Company
Founded in 1973 in Bahrain, the Landmark Group has successfully grown into one of the largest and most successful retail organizations in the Middle East. An international, diversified retail conglomerate that encourages entrepreneurship to consistently deliver exceptional value, the Group operates over 900 stores encompassing a retail presence of over 13 million sq. ft. across Middle East, India, Egypt, Turkey, Yemen and Pakistan (franchise operation). The Group employs around 31,000 employees.
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Employment: Full Time
Job Description
- 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
o Financials
- Sales, Stock, OTB, Margins, Forward Cover etc
o Store
- Subgroub level Sales, Order Quantity, Allocation, Replenishment etc
o Assortment
- Style, 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
- Ensure optimum category inventory levels are maintained at Concept/Territory keeping in mind store requirements as well as working capital constraints
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
- 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 anchors
Requirements
* Graduate degree from NIFT/ equivalent Fashion Institute or graduate degree in commerce or business administration
* Masters degree in NIFT/ equivalent Fashion institute preferred
* Experience: 1-2 years
* Good knowledge of Merchandise planning and analytics
* Good knowledge of Retail Industry and strong knowledge of retail maths
* Planning and Organising skills
* Problem solving & Analytical skills
* Strong & Quick excel skills and good knowledge of MS office
* Good expertise in handling BI/ MIS/ ERP systems
About the Company
Founded in 1973 in Bahrain, the Landmark Group has successfully grown into one of the largest and most successful retail organizations in the Middle East. An international, diversified retail conglomerate that encourages entrepreneurship to consistently deliver exceptional value, the Group operates over 900 stores encompassing a retail presence of over 13 million sq. ft. across Middle East, India, Egypt, Turkey, Yemen and Pakistan (franchise operation). The Group employs around 31,000 employees.
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