Merchandising Planning Specialist
2 weeks ago
PURPOSE AND KEY RESPONSIBILITIES:
This role is critical to the success of our business, responsible for executing the inline category in terms of managing merchandising planning, buying, determining store clusters, article selection, article depth, and providing timely sales analysis and trading/fashion trend recommendations to support the business.
KEY RESPONSIBILITIES:
- To analyze historical data to support the team in developing buying structures and providing proposals for pre-season buying structures for each channel at the cluster and store level.
- To provide detailed analysis on the article level to identify key drivers for top-selling articles and slow-moving articles based on existing analysis models.
- To develop channel and store cluster proposals and distribution plans.
- To monitor buying quantity versus budget and reconcile the buy plan to the merchandise plan.
ASSORTMENT PLANNING:
- To support the creation of assortment plans by channel/store clusters based on category strategy, calendar, and capacity.
- To support the creation of detailed product and store segmentation/cluster by product segment and store segmentation.
- To develop assortment seasonal strategies according to segmentation, local needs, and sell-out data.
- To help create and recompile a clear merchandising strategy at a store cluster level.
POST-SEASON REVIEW:
- To provide analysis and documentation for post-season review.
- To provide seasonal deep dive analysis for customers.
- To partner with X-function teams to develop action steps for the next season.
SYSTEMS AND PROCESSES:
To manage retail database accuracy and on-time KPIs report delivery with Retail Business Planning and I.T.
TRAINING:
- To participate in systems training.
- To participate in product seasonal presentation and technology training as well as merchandising training.
OTHER RESPONSIBILITIES:
- To perform other job-related work assigned from the Line Manager.
KEY RELATIONSHIPS:
OMB Planning, OMB IST, BU, Operations, Global IT, Project Team, VM, Marketing etc.
KNOWLEDGE, SKILLS AND ABILITIES:
- Communication skills.
- Analysis and problem-solving skills.
- Learning and self-development skills.
- Business management skills.
- People management skills.
- Strong analytical skills.
- Results-oriented skills.
- Product and merchandising knowledge.
REQUISITE EDUCATION, EXPERIENCE AND OTHER SKILLS:
- University advanced degree.
- 3-5 years' experience in merchandising planning/buying function.
- Good understanding of retail business.
- Prefer good Excel modeling skills and ability to develop useful models/tools that can be rolled out to merchandising and retail teams.
- Prefer good presentation and PPT skills.
LANGUAGES:
English
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