Merchandise Planning Manager
Posted on :
09-02-2024
Employer Active
1 Vacancy
Job Alert
You will be updated with latest job alerts via emailValid email field required
Send jobs
Job Alert
You will be updated with latest job alerts via emailValid email field required
Send jobs
Job Description
Req ID : 2270899
- Collaborate with vendors and suppliers to ensure a consistent and reliable supply of merchandise.
- Monitor inventory levels, lead times, and supplier performance to proactively address supply chain issues.
- Develop and maintain strong relationships with key suppliers to negotiate favorable terms and ensure timely deliveries.
- Analyze historical sales data, market trends, and customer insights to forecast demand accurately.
- Collaborate with the sales and marketing teams to gather relevant information and input for demand planning.
- Continuously refine demand forecasts to adapt to changing market conditions.
- Develop and manage seasonal merchandise budgets to optimize assortment and inventory levels.
- Align seasonal budgeting with sales targets, company goals, and inventory turnover objectives.
- Monitor budget performance and make adjustments as necessary to achieve financial targets.
- Maintain and manage the open-to-buy plan, ensuring that it aligns with budgeted inventory levels and sales plans.
- Work closely with merchandising teams to prioritize and allocate budgeted funds for purchasing merchandise.
- Provide regular reports and insights to senior management regarding open-to-buy performance and recommendations.
- Implement replenishment strategies to maintain appropriate stock levels for core and bestselling products.
- Develop allocation plans to distribute merchandise to stores or distribution centers based on demand and sales history.
- Monitor and adjust allocation strategies as needed to optimize sales and minimize stockouts.
- Collaborate with marketing and sales teams to plan and execute promotional events and campaigns.
- Analyze the impact of promotions on demand and inventory levels to optimize future promotional strategies.
- Ensure the alignment of promotional plans with overall merchandise and financial goals.
Employment Type
Full Time
Department / Functional Area
Key Skills
Report This Job
Disclaimer: Drjobs.ae is only a platform that connects job seekers and employers. Applicants are advised to conduct their own independent research into the credentials of the prospective employer.We always make certain that our clients do not endorse any request for money payments, thus we advise against sharing any personal or bank-related information with any third party. If you suspect fraud or malpractice, please contact us via contact us page.
