Senior Retail Planner & Inventory Strategy

TFG (The Foschini Group); Wes-Kaap; On-site; ZAR 520,000 - 780,000; Full time

Job summary

TFG (The Foschini Group) in South Africa is seeking an experienced Merchandise Planner to develop seasonal and annual plans aligned to financial targets. You will forecast sales, margin, inventory, and profit at department and category levels, manage Open-to-Buy budgets, and adjust stock investments based on trading performance.

You will collaborate with Buyers to create balanced assortments, analyze trends, and drive markdown strategies while monitoring key metrics and ensuring stock

Qualifications

• Degree or Diploma in Business, Retail, Supply Chain, Finance, Mathematics, or related field.
• Minimum 5 years' retail merchandise planning experience.
• Advanced Microsoft Excel skills and experience with retail planning systems.

Responsibilities

• Develop seasonal and annual merchandise plans aligned to company financial targets.
• Forecast sales, margin, inventory, and profit at department and category level; manage OTB budgets and adjust stock investments.
• Partner with Buyers to create balanced and commercially effective assortments.
• Analyze sales trends, stock productivity, and customer demand to identify risks and opportunities.
• Drive markdown and clearance strategies to maximise sell-through and profitability.
• Monitor GMROI, sell-through, inventory turn, weeks of supply, and margin performance.
• Collaborate with Supply Chain, Logistics, Stores, and Finance to ensure stock flow and availability.
• Lead a small team consisting of a planner and allocator.

Skills

Strategic thinking

Analytical ability

Inventory management

OTB management

Cross-functional collaboration

Agile decision-making

Education

Degree or Diploma in Business/Retail/Supply Chain/Finance/Mathematics

Tools

Microsoft Excel

Retail planning systems

Job description

TFG (The Foschini Group) in South Africa is seeking an experienced Merchandise Planner to develop seasonal and annual plans aligned to financial targets. You will forecast sales, margin, inventory, and profit at department and category levels, manage Open-to-Buy budgets, and adjust stock investments based on trading performance.

You will collaborate with Buyers to create balanced assortments, analyze trends, and drive markdown strategies while monitoring key metrics and ensuring stock