Planning Manager at Superbalist.com

The Planning Manager is responsible for the creation of the Departmental financial strategy and execution of the Business strategy of Superbalist, by managing a team that delivers a product offering that exceeds the customers’ expectations and achieves sales and profit targets combined with effective inventory management.

Key Skills & Experience:

• Bachelor's degree with at least 2 quantitative subjects - or relevant hands on experience 
• A minimum of 5+ years’ planning experience in highly creative, fast-paced, innovative fashion retail environment
• A minimum of 2 years management experience
• Advanced computer literacy experience in Excel and Planning systems

Key Competencies and Attribute:

• Strong business acumen
• Good organisational and interpersonal skills.
• Excellent communication skills.
• Proven decision-making ability.
• Strong understanding of fashion contemporary culture
• Good understanding of Brand management and private labels

Team and Responsibilities, but not limited to:

Profit Maximisation

• Preparation of budgets, sales, stock and profit targets.
• Monitor performance against plan, taking appropriate action to maximise sales and profit and reduce stock-holding whilst increasing stock turn.
• Identify new business opportunities to grow sales and profitability.
• Review, propose and implement mark-down activity to reduce terminal stock whilst analysing action taken on mark-downs to maximise profit.
• Implement promotional plans to optimise sales and profit.
• Measure brand/supplier performance in conjunction with Sourcing and make recommendations to grow or exit.

Range Building and Planning

• Develop and agree plans in partnership with the Buying Managers that achieve sales and profit targets and implement the agreed departmental strategy.
• Support the build of balanced and profitable seasonal range plans.
• Evaluate market and customer information together with historical data to develop the department’s phased stock plans and pricing strategy.
• Strategically manage the range building and the planning department according the company ethics and values

Inventory/Commitment Management

• Business OTB Management: Pre-season planning & finalise all budgets with teams.
• Monitor and manage the availability of stock.
• Promote stock efficiency through in season trading whilst managing forward covers.
• Collaborate with Supply chain to ensure planned launch and capacity plans are accurate.
• Manage terminal stock.
• Manage volume buys and optimal size ratios