Merchandise Planner

Job description / Role

Overview

Responsible for reviewing stock to sales ratios, responding to changing sales trends, and ensuring planned sales, planned markups, and planned markdowns are achieved by brands. Ensure achievement of budget and like-for-like growth for the assigned department.

Responsibilities

• Managing inventory levels of the assigned department at the store.
• Ensure desired first price sell-thru for the assigned department for each season.
• Assist planning manager in preparation of buying budget and assortment plan for the assigned department.
• Ensure the realized margin targets for the department are met.
• Ensure adequate mix of merchandise at the stores as per the set guidelines.
• Ensure all CORE products availability at all times.
• Launching of new products and categories at the stores and ensure timely replenishment.
• Regularly perform inter-store consolidations to maximize sell-thru.
• Coordination and liaising with retail team and buying team.
• Weekly preparation and review of reports with buying and retail team and plan out action plan to rectify concern areas.
• Flag any sort of inventory concern to planning manager and concerned buying department head so that the situation can be handled efficiently.

Ideal Candidate Profile

The ideal candidate will have a strong understanding of inventory management and sales strategies, with the ability to analyze data and respond to market trends effectively.

About the Company

The Apparel Group is a global fashion and lifestyle brand conglomerate residing on the crossroads of a modern economy - Dubai, UAE. The mercurial growth in the last 17 years has been by acquiring a host of world class fashion labels from around the world - Nine West, Tommy Hilfiger, Kenneth Cole, Aldo & Tim Hortons just to name a few.

Today the group caters to thousands of eager shoppers through its over 1530 stores, 75 International brands and employing 12,000 multi cultural staff in over 4 continents. Apparel believes in turning dreams in to reality and we give everyone - our customers, our stakeholders, our employees - an equal opportunity to do so.

Apparel group has carved its strong presence not only in the UAE, Kuwait, Qatar, Bahrain, Oman, and Saudi Arabia but opened thriving gateways to market in India, South Africa, Poland, Singapore, Jordan, Indonesia, Thailand and Malaysia. Additionally, clear strategies are in place to enter emerging markets such as Hungary, Pakistan, Egypt and Philippines.