Merchandise Planner

Apparel Group; United Arab Emirates; On-site; AED 120,000 - 200,000; Full time

Job summary

A leading retail company in the United Arab Emirates is seeking an inventory management professional to oversee stock-to-sales ratios, manage department inventory, and ensure the achievement of budget and growth targets. The role involves coordinating with retail and buying teams, launching new products, and ensuring product availability. Candidates should have a strong background in retail operations and inventory management.

Responsibilities

• Review stock to sales ratios and respond to changing sales trends.
• Ensure budget and LFL growth for assigned department.
• Manage inventory levels of assigned department in-store.
• Achieve desired first price sell-thru for assigned department each season.
• Assist planning manager in preparation of buying budget and assortment plan.
• Meet realized margin targets for the department.
• Ensure adequate merchandise mix at stores as per guidelines.
• Ensure all CORE products are available at all times.
• Launch new products and categories and ensure timely replenishment.
• Perform inter-store consolidations to maximize sell-thru.
• Coordinate with retail and buying teams.
• Prepare and review reports with teams and plan actions for concerns.
• Flag inventory concerns to planning manager and buying department head.

Job description

Responsible for reviewing stock to sales ratios, responding to changing sales trends, and ensuring plan sales, plan markups, and plan markdowns are achieved by brands.

Ensure achievement of budget and LFL growth for assigned department.

Managing inventory levels of assigned department at the store.

Ensure desired first price sell-thru for assigned department for each season.

Assist planning manager in preparation of buying budget and assortment plan for assigned department.

Ensure the realized margin target for the department are met.

Ensure adequate mix of merchandise at the stores as per the set guidelines.

Ensure all CORE products availability at all times.

Launching of new products and categories at the stores and ensure timely replenishment.

Regularly perform inter-store consolidations to maximize sell-thru.

Coordination and liaising with retail team and buying team.

Weekly preparation and review of reports with buying and retail team and plan out action plan to rectify concern areas.

Flag any sort of inventory concern to planning manager and concerned buying department head so that the situation can be handled efficiently.