Trainee Planner Mr Price Group

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

Trainee's follow a bespoke structured program. With support and guidance build key knowledge and skills that equip the role to develop category plans which demonstrate the ability to plan the right merchandise for the right stores at the right time as well as a strong understanding of all the financial measures around sales, stock & profit.

Responsibilities

Job Learning:

• 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.

Current Trade:

• 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.

Building an Assortment

• 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.

Order Placement & Product Allocation

• 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.

Qualifications

A completed BCom degree in one of the following: