Head of Merchandise Planning

CORE PURPOSE OF THE JOB
Head of Merchandise Planning will be responsible for developing, executing, and communicating strategic merchandise financial plans and strategies that support the company&039;s overall objectives. This role involves overseeing the merchandise planning and inventory management teams, ensuring that product assortments reflect brand strategy, and achieving sales and profit objectives.
AREAS OF RESPONSIBILITY

Strategic Planning:

Collaborate with buying teams to create a balanced assortment of merchandise which drives sales and profitability.
Analyze market trends and consumer insights to inform planning decisions.
Develop and execute merchandise financial strategies that align with the company’s goals.

Inventory Management

Coordinate with logistics and supply chain teams to optimize inventory flow.
Oversee inventory levels and ensure they are aligned with sales forecasts and budgets.
Implement inventory control measures to minimize stock outages and overstock situations.

Financial Management

Conduct regular financial reviews and provide actionable insights to improve performance.
Prepare and manage the open- to- buy (OTB) budget.
Monitor and report on key performance indicators (KPIs) such as sales, margin, turnover, and sell- through.

Team Leadership

Ensure team members are trained and equipped to perform their roles effectively.
Foster a collaborative and results- driven environment.
Lead, mentor, and develop the merchandise planning and inventory management teams.

Cross- Functional Collaboration

Work closely with merchandising, marketing, and sales departments to ensure a cohesive product strategy.
Partner with IT to leverage technology in improving planning processes and systems.

Process Improvement

Implement best practices in merchandise planning and inventory management.
Continuously assess and improve planning processes and systems for increased efficiency and accuracy.

Strong communication and negotiation skills.
Excellent leadership and team management skills.
A minimum of 10 years of experience in merchandise planning, buying, or a related area, with at least 5 years in a managerial role.
Ability to work in a fast- paced and dynamic environment.
Strong analytical skills and experience in financial modeling and data analysis.
Language: Fluency in English (listening, speaking, writing, reading)
Bachelor’s degree in Business, Finance, Retail Management, or a related field. Master’s degree preferred.
Ability to work under extreme pressure.
Proficiency in merchandise planning systems and MS Office (especially Excel).

Laptop, Chế độ bảo hiểm, Phụ cấp, Chế độ thưởng, Chăm sóc sức khỏe, Đào tạo, Tăng lương, Nghỉ phép năm, CLB thể thao

Cập nhật gần nhất lúc: 2024-04-03 11:23:36