Ensure creation of merchandise plans for all department/category based on insights gained from merchandise analytics, customer preference, historical trends and outlook projected by the buyer.
Responsibilities:
Maximise Sales and profitability for the Concept.
Determine high-level financial goals including pre-season financial plans, in-season projections, open-to-buy management, and new store budgets.
Discuss, decide, and freeze the concept merchandise strategic plans around the following factors:
Store (Sub-group level Sales, Order Quantity, Allocation, Replenishment etc.)
Assortment (Style, Price, Brand, Supplier etc.)
Build working relationships with Store managers & identify their needs, providing information on key factors such as last pieces, items not selling, discontinued lines etc. & allowing freshness into the stores.
Prepare & Monitor Reports on Performance of Dept./Class/Subclass (where Applicable) to identify any exceptions to Sales, Stockholdings, Forward Covers, Inflows and propose actions on out of line situations to the Planners/Buyers monthly with action to be taken.
Responsible to maximise sales and profitability in the business by providing effective planograms, managing assortments across stores by Territory/Department/Class/Sub-Class and ensuring inventory levels to achieve or exceed sales targets set by the business.