Planner

Mr Price; Durban; On-site; ZAR 300 000 - 400 000; Full time

Job summary

A leading retail company in Durban is seeking a Retail Planner to strategize and execute profitable assortments, ensure efficient stock management, and drive business growth through analysis and collaboration. The ideal candidate will have at least 3 years of retail planning experience and a relevant degree or diploma. Strong commercial acumen, numerical abilities, and excellent communication skills are essential. This is an opportunity to influence product strategy and contribute to overall business success.

Qualifications

• 3 years of retail planning experience.

Responsibilities

• Strategize and execute a profitable assortment in collaboration with stakeholders.
• Ensure timely orders with suppliers based on demand analysis.
• Adjust forward orders and manage stock based on trade performance.
• Develop seasonal product strategies in line with company objectives.
• Monitor current trade and make data-driven decisions.

Skills

Commercial acumen

Economic understanding of supply & demand

Retail market & industry knowledge

Numerical skills

Communication skills (verbal & written)

Negotiation skills

Computer literacy

Education

Degree or NQF Level 6 / Diploma

Job description

Strategize, plan and execute a balanced profitable assortment in collaboration with the buyer and location planner, based on historical, trend and customer / store analysis in line with the Company's strategy.

Stock Management

Ensure that orders are placed within specific time lines and with strategic suppliers in order to meet demand as predetermined in the strategy and review process.

Review and adapt PIS (Put into stock) based on external factors (supplier issues, DC issues .

In reaction to current trade and customer demand, adjust forward order book and address poor performing stock through markdowns.

Business Growth & Opportunity

Drive the growth & profitability of your department through increasing sales by analyzing proposed growth opportunities, testing category extensions & understanding competitors (through comp shops), with our customer in mind.

Merchandise Strategy

Develop a seasonal product strategy for your department, in line with company strategy (considering post-mortem analyses, PMO (Price Mark On) targets, test money, OTB (Open to Buy), budgets, pricing strategies, supplier strategies, marketing & digital, in order to achieve department targets

Product Review

Develop a strategic assortment for the department (considering sub cats, planned promotions, volume opportunities, store profiles, optimums, price-point plan, replenishment in line with company and seasonal strategies in order to meet department review plan targets.

Current Trade

Consistently monitor and react to current trade by analyzing product and store performance for your department & make appropriate trade decisions (including stock and order book management, actioning markdowns, promotional activity, supplier negotiations for cancellations and discounts) in order to potentialize sales.

Education

Degree or NQF Level 6 / Diploma

Experience

3 Years retail planning experience

Knowledge / Skills

• Commercial acumen
• Economic understanding of supply & demand
• Retail market & industry knowledge
• Numerical skills
• Communication skills (verbal & written)
• Negotiation skills
• Computer literacy

  Analytical skills

  Business understanding of Milady's business processes, MRPG Systems & BI and the Milady's customer.

  Mr Price Group Limited is an equal opportunity employer and is committed to Employment Equity.