Trainee Merchandising Planner: Forecast & Stock

Mr Price Group Careers; Durban; On-site; ZAR 134,000 - 268,000; Full time

Job summary

Mr Price Group Careers in Durban offers a bespoke trainee program designed to build key knowledge and skills to develop category plans for right merchandise in the right stores at the right time, with a strong understanding of all financial measures around sales, stock and profit.

As a trainee you will participate in building an assortment, forecasting financial plans, and learning order placement and product allocation, collaborating with the buying and location planning teams to support

Qualifications

• A completed BCom degree in one of the following.

Responsibilities

• Apply learnt knowledge & skills by: Demonstrating an awareness of the factors influencing our performance in current trade and how to manage opportunities & risks accordingly.
• Demonstrating how to optimize stock in the light of the critical path & achievement of KPI's (Key Performance Indicators).
• Participate in building a product assortment informed by current trade, post-mortem, and the seasonal strategy.
• Demonstrating how to forecast a financial plan, and highlight variances for sales, orders, stock, and markdown planning going-forward.
• Extract & analyze financial KPI's & product performance against set plan by sub department season, category & sub category.
• Contribute towards compiling a draft report highlighting all issues that have impacted performance.
• Assist with re-forecasting financial plan iro sales, orders, stock, markdowns & concluding current trade action plan.
• Conduct regular competitive shops/store visits & as an outcome relay the findings & recommended action plan.
• Participate in building the assortment plan in collaboration with the buying & location planning team.
• Maintain the assortment in the relevant system (APS).
• Extract & analyze reports on the assortment for the planner.
• Create all order lines for the season with your greater team ensuring accuracy in all detail inclusive of category & sub category detail, product attributes, size curve, cost prices, selling prices, and PMO.
• Follow up on order & resolve any potential problems with the planner.
• Assist the greater team with order raising and allocations are completed timeously according to calendar deadline requirements.

Education

BCom degree

Job description

Mr Price Group Careers in Durban offers a bespoke trainee program designed to build key knowledge and skills to develop category plans for right merchandise in the right stores at the right time, with a strong understanding of all financial measures around sales, stock and profit.

As a trainee you will participate in building an assortment, forecasting financial plans, and learning order placement and product allocation, collaborating with the buying and location planning teams to support