Retail Merchandise Planner

Tandem Search

Jeddah, Saudi Arabia

Ref: KP709-1864

Job description / Role

Employment: Full Time

1. Analyze business across multiple attributes and communicate opportunities and risks in a clear , actionable manner .
2. Bring strategic insights , analytical thoroughness and business judgment to merchandise planning .
3. Work with buying , operations and finance teams to develop sales forecasts based on market inputs , historical data and new business /merchandise insights .
4. Analyze sales trends and recommend buying plans including budget splits and size breakdowns to maximize profitability.
5. Partner with the retail buying team to ensure company sales, and gross margin goals are achieved.
6. Prepare and maintain merchandise open to buy and lead open to buy meetings with retail buying team.
7. Analyze the weekly sales reports at department, category and style level and propose stock transfers between stores to balance the on hand stock and maximize sales opportunity
8. Analyze style sales results and forecast re-order needs to maximize sales within OTB guidelines .
9. Participate in weekly cross functional meetings to discuss current business and create action plans.

Requirements

- Bachelor Degree in business , finance , economics or mathematics .
- 3-5 years in planning role -fashion retail / department store
- Specialized On-the -job training
- Advanced proficiency in Microsoft Excel - Readily grasps numerical concepts and interprets financial information accurately, ability to utilize retail math skills to analyze and drive business.

About the Company

Building businesses, changing lives

At Tandem, we’ve built a vast network of top-tier professionals across the globe. We empower businesses to thrive by delivering unmatched talent solutions. With our global reach, collaborative approach, and unwavering commitment to excellence, we drive transformative growth and shape exceptional teams.

Who we are.

We are a team of industry experts, driven by a passion for innovation and excellence. We are dedicated to providing unique talent solutions and nurturing collaborative partnerships that redefine success.

Get personalised updates on latest vacancies
Job Alerts by Email
  • Personalised updates on latest career opportunities
  • Insights on hiring and employment activity in your industry
  • Typically sent twice a month