Wealth Planner jobs in United States

Job Objective: The job holder will be responsible for merchandise planning process to achieve department /category sales, margin, stockholding and flow objectives under the guidance of Head Merchandise Planning.

• Maximise Sales and profitability for the department/category
• Support in determining high-level financial goals including pre-season financial plans, in-season projections, open-to-buy management and new store budgets
• Prepare and maintain department/category merchandise MIS analytics based on actual sales, sales forecasts, company order parameters, inventory checks, forth coming events, replenishment needs etc
• Assist in the creation of merchandise plans for the category based on insights gained from merchandise analytics, customer preference, historical trends and future outlook projected by the buyer
• Assist in discussing, deciding and freezing the department/category merchandise strategic plans around the following factors
• Financials - Sales, Stock, OTB, Margins, Forward Cover etc
• Store - Subgroup level Sales, Order Quantity, Allocation, Replenishment etc
• Assortment - Style, Price, Brand, Supplier etc
• Communicate the merchandise strategic plan to buying team for necessary execution
• Ensure effective in season management across territories (stock balancing, markdown management, stock analysis, stock vs sales performance)
• Help review the merchandise plans on a periodic basis to ensure profit is maximized and maintained to reach target levels
• Ensure that the standards of Merchandise procedures and Methodologies are maintained and kept Uniform

• Ensure optimum category inventory levels are maintained at Concept/Territory keeping in mind store requirements as well as working capital constraints
• Ensure that no instances of category stock outs occur on account of any discrepancy on part of merchandise planning
• Ensure excess category inventory is not maintained at the warehouses or the stores and there is proper adherence to the concept/territory ageing policy

• Provide inputs on the expected margins, possible price points and other parameters for promotions within the product category
• Help analyse the effectiveness of the promotions in achieving the targeted levels of sales and margins
• Help analyse the existing stock levels and liaise with the Buying/VM/Marketing team for timely roll out of promotional campaigns to maintain the territory / warehouse inventory holding norms as well to achieve targeted sales

• Ensure performance is monitored against plan for the assigned category/department, regularly supported by exception reporting
• Ensure effective in season management of the assigned category/department through regular analysis and action planning across concept and territory, based on the performance around the following anchors
• Sales vs. Stock
• Inflows/ OTB
• Stock analysis
• Stock balancing
• Margin analysis

• Basic Qualification / Education / Vocational Training
• Graduate degree in any field with Financial is beneficial
• Advanced Qualification / Certification / Specialist Training
• NA
• Minimum Experience
• 6+ years of retail experience
• Specific / Relevant Experience
• 4+ in Retail planning
• Skills and Capabilities
• • Retail Knowledge, Business Acumen, Team Player ,planning and execution abilities, Excel, Oracle Planning tools

• Perspective
• Key Result Area (KRA)
• Measure
• Financial
• Margin & Stock Management
• Achievement of target intake and realized margins at category / sub-group level
• Number of instances of substandard margins in the category/department (attributable to non-moving stock)
• Promotional Financial Planning
• Promotional activity is in line with strategic financial planning
• Achievement within target Markdown% (Markdown Sales : Total Retail Sales) at category levels
• Customer
• Pre-empt customer satisfaction based on strategic decisions
• Achievement on target customer satisfaction score on product availability and range/ Internal Feedback
• Achievement on target customer satisfaction score on price / Internal Feedback
• Current Processes (Internal)
• Merchandise Control
• Assortment mix optimization/ incorporating (logistics/ warehouse/ stores/ suppliers & so on)
• Coordination with Buying
• Achievement of mutually agreed buying plan in coordination with buying team
• "Build" for Future" (Capability)
• Team engagement
• Achieve target employee engagement score
• Job Interactions
• KEY INTERNAL INTERACTION WITH
• NATURE OF INTERACTION
• Projects
• Store related projects
• Buying Team
• For alignment on concept merchandise and seasonal strategies (price/ product/ assortment/ supplier & so on)
• Retail Team
• For smooth implementation of merchandising initiatives in the stores
• IT Team
• Planning system support
• Finance
• For all Finance related matters
• Marketing
• For all Upcoming promotions/campaigns, schemes
• Supply Planning/Central Planning team
• Internal communication with Planning team
• KEY EXTERNAL INTERACTION WITH
• NATURE OF INTERACTION
• Suppliers
• Merchandise & Inventory Flow co-ordination

Our journey started in 1973 with a single store in Bahrain. Since then, we have grown into a global retail and hospitality group. The proud creator of 25 plus value led, own-built brands across retail, hospitality, food, and leisure.

Over the years, our UAE - based group has evolved into a comprehensive retail and hospitality entity, with over 2200 retail stores, leisure, and hospitality outlets, panning the GCC, Middle East, India, Southeast Asia, and Africa. Today, Landmark Group is one of GCC's largest omnichannel retailers and India's top home and fashion retailer.

We take immense pride in the organic growth of our retail brands, which have blossomed into household names. From Max, Splash, Babyshop, Centrepoint, Shoemart, Homecentre, Emax, Fitness First, to Funcity, to name a few, our brands span across a multitude of categories, enriching the lives of countless families over the past decade.

Lifestyle is a leading retail destination, specialising in Beauty, Fashion, and Home products. Established in 1998, Lifestyle has consistently delivered a distinctive shopping experience, and an extensive selection of brands and products across colour cosmetics, perfumes, personal care, fashion accessories, home essentials, home fragrance and youth. With its chain of more than 160 retail stores spread across the GCC, coupled with a rapidly growing E-commerce platform, Lifestyle has established itself as an omnichannel destination-of-choice for Beauty and Fashion serving more than 4 million customers every year.

Website: www.centrepoint.com