About the Role
Our client, a prominent retail organization, is seeking a strategic and detail-oriented Retail Merchandise Planner to optimize product assortments and inventory levels across their stores, including those in Upington, Northern Cape . This role is crucial for ensuring that the right products are available at the right time and in the right quantities to meet customer demand and maximize sales and profitability. You will be responsible for analyzing sales data, forecasting demand, and creating effective plans to support the buying and allocation processes. The ideal candidate will possess strong analytical skills, a thorough understanding of merchandise planning principles, and proficiency with planning and forecasting tools. We are looking for an individual who can translate market insights and sales trends into actionable merchandise plans. Your contribution will be vital in ensuring the financial success of our product categories.
Key Responsibilities
- Develop and execute merchandise plans based on sales forecasts, historical data, and market trends.
- Analyze sales performance, inventory levels, and product lifecycle to inform planning decisions.
- Collaborate with buyers and category managers to establish optimal product assortments and quantities.
- Create and manage demand forecasts for various product lines and store locations.
- Monitor inventory performance to identify opportunities for optimizing stock levels and minimizing excess inventory.
- Provide recommendations for product allocation and replenishment strategies.
- Work closely with supply chain and logistics teams to ensure timely delivery of merchandise.
- Generate regular reports on merchandise planning KPIs and present findings to stakeholders.
- Identify and address potential risks and opportunities related to merchandise planning.
- Stay updated on industry best practices and planning software.
Requirements
- A minimum of 3 years of experience in merchandise planning, inventory planning, or a related retail planning role.
- Strong analytical and forecasting skills, with proficiency in Excel and planning software.
- Good understanding of retail math, inventory management, and assortment planning principles.
- Excellent attention to detail and accuracy in data analysis and reporting.
- Strong communication and interpersonal skills for effective collaboration with cross-functional teams.
- Ability to manage multiple projects and prioritize effectively in a fast-paced environment.
- Bachelor's degree in Business, Finance, Supply Chain Management, or a related field.
- Proactive approach to problem-solving and a commitment to continuous improvement.
- Familiarity with retail operations and point-of-sale (POS) systems is a plus.
- Ability to work independently and as part of a team.
Benefits
- An annual salary of R .
- Opportunities for professional development in merchandise planning and forecasting.
- Work within a collaborative and analytical team environment.
- Employee discount on company products.
- Exposure to strategic planning and decision-making in retail merchandising.
- Regular performance feedback and career advancement prospects.