Sr. Planner & Merchandiser

Ultiwise Consult

Dubai

On-site

AED 180,000 - 360,000

Full time

6 days ago
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Job summary

Ultiwise Consult in Dubai seeks a Sr. Planner & Merchandiser to lead planning and merchandising across brands, budgets, and OTB processes. You will drive seasonal strategies, manage budgets, and partner with Buyers to optimize assortments and pricing.

You will develop WSSI and store-level analyses, monitor stock levels, and ensure replenishment aligned with financial targets. 5–6 years in fashion retail planning and strong Excel required.

Qualifications

  • Bachelor degree in Retail Fashion Management or Business Administration or equivalent.
  • Post-Graduate Degree or MBA in Retail Management or related field preferred.

Responsibilities

  • Develop and manage Brand Annual Budgets for margins and markdowns.
  • Create Seasonal Budgets/OTB aligned with financial goals.
  • Prepare WSSI reports for Sales and Stock projections.
  • Collaborate with Buyers to finalize Range Plan by season.
  • Track performance and adjust strategies as needed.

Skills

Analytical skills
Merchandise planning
Inventory management
Pricing strategy
OTB planning
Excel
Communication
Negotiation
Cross-functional teamwork

Education

Bachelor's in Retail Fashion Management
MBA in Retail Management

Tools

MS Excel

Job description

Job Title: Sr. Planner & Merchandiser

Department: Planning and Merchandising

Reports To: Head - Planning and Merchandising /GM

Job Description
Financial Planning & Analysis
  • Develop and manage Brand Annual Budgets for sales margins and markdowns.
  • Conduct Post-Seasonal Analysis to evaluate past performance at Department Class Sub-Class and Item levels to guide future strategies.
  • Collaborate with Buyers to propose Seasonal Strategies on Sales Price Points Size Color and Assortment Dimensions based on past performance and future trends.
  • Prepare and propose Seasonal Budgets/OTB (Open-to-Buy) from Brand down to Class/Sub-Class levels ensuring alignment with financial goals such as Sales Opening/Closing Stocks Inflows Forward Covers and Sales Margins.
  • Develop WSSI (Weekly Sales and Stock Intake) reports projecting Sales Opening/Closing Stocks Forward Covers and Planned Inflows by month/season.
  • Create Store Grading at the Class/Sub-Class levels to determine the appropriate width and depth of ranges for different store sizes (Medium/Small) optimizing stock levels for display capacity.
  • Collaborate with Buyers to finalize the Buy Plan (Range Plan) by season ensuring it aligns with financial targets inventory needs and product assortment plans.
  • Track and report on performance throughout the season comparing actual performance against planned objectives adjusting strategies as needed.
  • Identify any exceptions or discrepancies in Sales Stockholdings Forward Covers and Inflows and propose corrective actions in collaboration with the Buyers.
  • Monitor Seasonal Budget performance and reforecast as necessary considering past performance trends to adjust for Sales Stocks and Inflows.
  • Maintain the OTB tracker ensuring clear visibility on orders placed cancellations and any excess or underbuys.
Inventory Management
  • Ensure the availability of all replenishment items and maintain timely reviews of replenishment orders to prevent stockouts.
  • Monitor the flow of stock received in warehouses ensuring it is allocated to stores and is actively selling.
  • Collaborate with Buyers and Stores to resolve any out-of-stock situations.
  • Develop and communicate the allocation plan for seasonal/product launches in collaboration with Buyers ensuring timely execution for both retail stores and wholesale partners.
  • Manage and track sell-through rates at the season and product level to optimize markdowns and avoid excess stock.
  • Analyze aging stock and propose actions for clearance or redistribution communicating necessary steps to the Stores.
  • Ensure timely communication with Stores to address any stock consolidation requirements.
Pricing & Margin Management
  • Collaborate with Buyers to align on pricing for new shipments ensuring it meets target intake margins.
  • Monitor sell-through performance of both fast-moving and slow-moving items proposing corrective actions for price adjustments reorders or markdowns.
  • Propose and manage price adjustments for slow-selling items ensuring alignment with the Buyers strategy and obtaining Management approval before communicating actions to Stores.
  • Contribute to Promotion and End-of-Season Sales (EOSS) planning focusing on pricing strategies discounting and inventory optimization.
Store & Competitor Visits
  • Conduct regular store visits to monitor product performance trends and customer feedback.
  • Ensure alignment with the brands strategy on quantity range pricing and customer demands.
  • Stay updated on competitor range compositions pricing strategies and overall market trends to drive competitiveness.
Systems Maintenance & Enhancement
  • Ensure the availability and accuracy of reports measuring performance against the planned objectives maintaining effective tracking of key KPIs.
  • Maintain systems ensuring data integrity and timely updates to reports and systems.
  • Communicate any system enhancement needs to the Line Manager for review.
Employment Standards
Qualifications
Basic Qualification / Education / Vocational Training
  • Bachelors Degree in Retail Fashion Management Business Administration or equivalent from an accredited institution
Advanced Qualification / Certification / Specialist Training
  • Post-Graduate Degree or MBA in Retail Management Business Administration or a related field is preferred.
Experience
  • Minimum 5-6 years of relevant experience in retail planning particularly in fashion retail.
  • Experience in managing financial planning inventory management pricing strategies and open-to-buy (OTB) planning.
  • Proven track record of working with Buyers Merchandisers and cross-functional teams to meet business goals.
Skills & Competencies
  • Strong analytical skills with a data-driven approach to decision-making.
  • Merchandise planning expertise with a deep understanding of inventory management sales forecasting and assortment planning.
  • Strong knowledge of retail financials including sales margins markdowns and OTB.
  • Excellent planning organizational and problem-solving skills.
  • Proficiency in MS Excel (advanced level for financial tracking and data analysis).
  • Strong communication and negotiation skills to interact with internal and external stakeholders.
  • Ability to thrive in a fast-paced environment and adapt quickly to changing market dynamics.

Employment Type : Full Time

Experience: years

Vacancy: 1

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