Demand Planner – Kuwait


 


Merchandise Financial, Strategic and Assortment Planning

·        Maximise Sales and profitability for the Company.

·        Determine high-level inventory goals, taking into account financial plans, in-season projections, open-to-buy management, and brand budgets; working closely alongside Commercial Managers and Supply Chain team.

·        Prepare and monitor inventory and merchandise analytics based on historical trends, actual sales, sales forecasts, company order parameters, inventory checks, forth coming events, replenishment needs, etc.

·        Ensure creation of merchandise plans for all brands based on insights gained from merchandise analytics, historical trends and outlook projected by the Commercial Managers and retailers.

·        Discuss, call-out, and suggest freezing the merchandise strategic plans around the following factors:

o   Financials – Sales, Stock, OTB, Margins, Forward Cover etc.

o   Store – Level Sales, Order Quantity, Allocation, Replenishment etc.

o   Assortment – Style, Price, Brand, Supplier etc.

·        Ensure effective in-season management across territories (stock balancing, markdown management, stock analysis, stock vs sales performance).

·        Alongside Finance team, review the merchandise plans on a routine, periodic basis to ensure profit is maximized and maintained to reach target levels.

·        Keep abreast of the latest trends in Merchandise Planning and discuss the same with the Company Directors from time to time to assess alignment / realignment of existing processes.

Inventory Stock Optimization

·        Ensure optimum inventory levels are maintained at Warehouse Facilities/Territories keeping in mind retailer and store requirements, as well as working capital constraints.

·        Ensure that no instances of stock outs occur on account of any discrepancy on part of merchandise planning.

·        Ensure excess inventory is not maintained at the warehouses or the stores and there is proper adherence to the concept/territory ageing policy.

 

Category Promotions 

·        Provide inputs on the expected margins, possible price points and other parameters for promotions within the product category.

·        Alongside Finance team, analyse the effectiveness of the promotions in achieving the targeted levels of sales and margins.

·        Analyse the existing stock levels and liaise with the Supply Chain/Commercial/VM team for timely roll out of promotional campaigns to maintain the territory / warehouse inventory holding norms as well to achieve targeted sales.

 

In-season Management

·        Ensure effective in-season management through regular analysis and action planning across concept and territory based on the performance around the following anchors:

o   Sales vs Stock

o   Inflows/OTB

o   Stock analysis

o   Stock balancing

o   Margin analysis

·        Communicate and facilitate action to be taken on out of line situations with territory Commercial and Supply Chain Managers.

·        Monitor Manage and Improvise Planning Systems.

·        Ensure adequate merchandise performance.

 

 

Job Details

Posted Date: 2020-05-20
Job Location: Al Kuwait, Kuwait
Job Role: Purchasing and Procurement
Company Industry: Perfume & Cosmetics

Preferred Candidate

Career Level: Mid Career
Gender: Female
Degree: Bachelor’s degree

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