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September 28, 2020
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Home » Demand Planner (open vacancy) – Al Kuwait – Kuwait Jobs

Demand Planner (open vacancy) – Al Kuwait – Kuwait Jobs


Job Description

 
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.
 
 

Skills

·        5 years’ experience in Stock Planning with in-depth understanding of financial analysis and reporting.
·        Proficient communication skills
·        Reliable, efficient, takes initiative and understands confidentiality.
·        Flexible approach to working hours taking on ancillary duties as the business requires.

Job Details

Job Location
Al Kuwait, Kuwait

Company Industry
Perfume & Cosmetics

Company Type
Employer (Private Sector)

Job Role
Purchasing and Procurement

Employment Type
Full Time Employee

Monthly Salary Range
Unspecified

Number of Vacancies
1

Preferred Candidate

Career Level
Mid Career

Years of Experience
Min: 5

Gender
Female

Degree
Bachelor’s degree / higher diploma



Click here to apply

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