TFG (The Foschini Group) is a South African fashion lifestyle retailer & comprises of 22 fashion forward brands.
Our range includes some of the leading fashion, home wear, sportswear, cellular and jewellery brands in the country, as well as a host of innovative financial services. TFG comprises of the following 22 exciting retail brands; @home, @homelivi...
The Merchandise Planner is responsible for driving sales, profit, and inventory performance through effective planning, forecasting, and stock management.
Working closely with Buying, Supply Chain, and Finance teams, the role ensures the right products are available at the right time, in the right quantities, while optimising working capital and profitability.
Responsibilities
Develop seasonal and annual merchandise plans aligned to company financial targets.
Forecast sales, margin, inventory, and profit at department and category level.
Manage Open-to-Buy (OTB) budgets and adjust stock investments based on trading performance.
Partner with Buyers to create balanced and commercially effective assortments.
Analyse sales trends, stock productivity, and customer demand to identify risks and opportunities.
Drive markdown and clearance strategies to maximise sell-through and profitability.
Monitor key retail metrics including GMROI, sell-through, inventory turn, weeks of supply, and margin performance.
Collaborate with Supply Chain, Logistics, Stores, and Finance to ensure effective stock flow and availability.
Lead a small team consisting of a planner and allocator
Qualifications
Degree or Diploma in Business, Retail, Supply Chain, Finance, Mathematics, or related field.
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