Job Description

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 Strategize, plan and execute a balanced profitable assortment in collaboration with the buyer and location planner, based on historical, trend and customer/store analysis in line with the Company's strategy.                                                                                                                                 

your key responsibilities

1. Stock Management:

• Ensure that orders are placed within specific time lines and with strategic suppliers in order to meet demand as predetermined in the strategy and review process.
• Review and adapt PIS (Put into stock) based on external factors (supplier issues, DC issues etc.).                                                  
• In reaction to current trade and customer demand, adjust forward order book and address poor performing stock through markdowns.

2. Business Growth & Opportunity:

• Drive the growth & profitability of your department through increasing sales by analyzing proposed growth opportunities, testing category extensions & understanding competitors (through comp shops), with our customer in mind.

3. Merchandise Strategy:

• Develop a seasonal product strategy for your department, in line with company strategy (considering post-mortem analyses, PMO (Price Mark On) targets, test money, OTB (Open to Buy), budgets, pricing strategies, supplier strategies, marketing & digital, etc.) in order to achieve department targets

4. Product Review:

• Develop a strategic assortment for the department (considering sub cats, planned promotions, volume opportunities, store profiles, optimums, price-point plan, replenishment etc.) in line with company and seasonal strategies in order to meet department review plan targets.

5. Current Trade:

• Consistently monitor and react to current trade by analyzing product and store performance for your department & make appropriate trade decisions (including stock and order book management, actioning markdowns, promotional activity, supplier negotiations for cancellations and discounts) in order to potentialize sales.

requirements

1. Education:

• Degree or NQF Level 6 / Diploma.
  
  

2. Experience:

• 3 Years retail planning experience.
  
  

3. Knowledge/ Skills:

• Commercial acumen.
• Economic understanding of supply & demand.
• Retail market & industry knowledge.
• Numerical skills.
• Communication skills (verbal & written).
• Negotiation skills
• Conflict management.
• Analytical skills.
• Business understanding of Milady's business processes, MRPG Systems & BI and the Milady's customer.   

Skills Required

• Communication Skills