Merchandise Planner

Apparel Group; United Arab Emirates; On-site; AED 50,000 - 70,000; Full time

Job summary

A leading retail company in the UAE is seeking a skilled inventory manager to review stock levels, manage inventory, and ensure sales targets are met. The ideal candidate will work on planning budgets and coordinating efforts between the retail and buying teams. This role demands strong analytical skills and experience in inventory management.

Qualifications

• Proven experience in inventory management and sales coordination.
• Strong analytical skills to review stock and sales ratios.
• Ability to collaborate with retail and buying teams.

Responsibilities

• Review stock to sales ratios and respond to changing sales trends.
• Manage inventory levels and ensure desired sell-thru for each season.
• Assist planning manager in the preparation of budget and assortment plans.

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.