Job Description

Merchandise Financial Planning:

Develops Merchandise Financial Plan (sales, markdown spend, sell through, stock level, stock turns, intake margin, and gross trading profit) for each of his/her assigned brands

Calculates OTB by category (at selling price) by season for his/her assigned brands

Assortment Planning: 

Develops assortment plans with the support of Buyers for his/her assigned brands

Develops store clusters and sub clusters (if applicable) and revisits grouping every season

Develops Receipt Plans for the developed assortments (i.e., sets suggested dates of delivery of the shipments throughout the season for the Brand Partners) by liaising with his/her line manager

In-Season Management:

Tracks in-season brand performance by developing weekly and monthly Business Review reports;  summarizing the brand’s inventory flow, sales and margin performance, budget spend, and updated forecasts (at the class and sub-class level)

Adjusts weekly forecasts (and OTB if needed / possible), and manages merchandise inventory positions and markdowns

Regularly communicates and discusses performance and plans to brand partners

Conducts periodic reviews of seasonal and aged inventories and recommends promotional strategies and markdown strategies to liquidate inventories

Performs market visits to understand the impact of planned merchandise strategies and to stay informed of business and customer trends

Allocation & Replenishment:

Supports Store Traders / Allocators in developing allocation plans by co-developing Allocation Strategy (including allocation guidelines, holdback guidelines and allocation prioritization)

Manages, supports, and reviews the day-to-day operations of Store Traders / Allocators

Required Qualification

 

About our client

Our Client is the largest franchise retailer in the KSA, MENA, Central Asia and Caucasus regions, and is the only public listed business of its type in the Middle East. Quality, innovation, service and trust .


Additional Details

Experience: 5 - 15 yrs.

Country: Saudi Arabia

City: Riyadh


Office Location

,SA