Planner Sheet Street at Mr Price Group

Job Description

• To maximize sales and return on investment by planning and controlling the quantitative aspects of the procurement of merchandise.                                                                                                                                                                                                                                

Key Responsibilities

Achievement of Budgets:

• Support other members of the merchandise team in ensuring that all budgets are met as agreed in respect of sales, markdowns, closing stock covers, service levels and stock turn.
• Report on Key Performance Indicators (KPIs) to ensure that each category meets the forecast gross profit rands.                               

Post Mortem Analysis:

• Extract post-mortem figures for analysis of seasonal assortment plans.
• Report on previous season’s targets variances to analyse product performance.                               

Pre-Season Planning:

• Development of seasonal strategy at a department and brand level & translate strategy into assortment plans using company processes and systems to maximise profits.
• Presentation of strategies internally for approval.

In-season Planning:

• Review departmental strategies and assortments to react where changes need to be made, in line with in season performance for current and future seasonal plans.
• Managing / controlling budget Open To Buy (OTB) in accordance with season strategies and KPI’s to maximize profits.
• Identify good sellers & bad sellers to react accordingly for current and future seasonal plans.
• Complete management of stock within the department with regards to allocations, reallocations, transfers, distribution, markdowns and chasing of good sellers.                               

Forecasting Core:

• Review and correct history to forecast correctly store.
• Continual assessment and forecasting adjustments where necessary to ensure accurate representation of stock.                              

Ordering Core:

• Place orders to meet forecast sales.
• Maintain stock level understanding with the suppliers by item to ensure adequate stock levels.
• Supervise changes required to orders as per product strategies – phasing in / out, rolling orders for overstocks, supplier non-performance to meet target.                               

Post Stock

• Execute all systems functions to continually communicate with Location Planners in respect of relevant categories.                               

Promotions:

• Planning of targets and merchandise assortment for key promotion to maximize sales.                                                         

Supply Relationships:

• Negotiate discount & cancellations in accordance with planned sales targets to achieve low cost pricing on product.
• Build relationships with Key Suppliers within department to ensure seamless flow of product and orders.               

Store Visits:

• Store visits to Sheet Street and competitor’s stores for competitors shopping to ensure product assortment has competitive advantage.               

People:

• Maximize productivity of department associates by training, motivating and managing performance to produce home grown talent.                                                                                                                                            

requirements

Education:

• University Degree: Bachelor of Commerce (Finance/ Supply Chain or similar).

Experience:

• 2 Years’ experience in a similar position.

Knowledge/ Skills:

• Retail planning/demand and supply and merchant processes.
• Business understanding of external and internal systems (RedWorld, RedWorld MIS, RedInfo, RPAS, e-Focus, etc.).