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.
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:
Build working relationships with Store managers, identifying their needs, providing information on key factors such as last pieces, items not selling, discontinued lines, etc., and 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.