Job Description
<p><span>Strategize, plan and execute a balanced profitable assortment in collaboration with the buyer and location planner, based on historical, trend and customer/store analysis in line with the Company's strategy. </span> </p>
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</style><p><strong>Education:</strong></p><p>Degree or NQF Level 6 / Diploma</p><div><br><strong>Experience:</strong><br>3 Years retail planning experience</div><div><br><strong>Knowledge/ Skills:</strong><br>Commercial acumen<br>Economic understanding of supply & demand<br>Retail market & industry knowledge<br>Numerical skills<br>Effective Communication skills (verbal & written)<br>Negotiation skills<br>Proficiency in MS Office Applications <br>Conflict management<br>Analytical skills<br>Business understanding of Milady's business processes, MRPG Systems & BI and the Milady's customer. </div><div> </div><div> </div><div><span data-teams="true"><strong>Mr Price Group Limited is an equal opportunity employer and is committed to Employment Equity.</strong></span></div><b>Stock Management:</b><br>Ensure that orders are placed within specific time lines and with strategic suppliers in order to meet demand as predetermined in the strategy and review process.<br>Review and adapt PIS (Put into stock) based on external factors (supplier issues, DC issues etc.). <br>In reaction to current trade and customer demand, adjust forward order book and address poor performing stock through markdowns.<br> <br><b>Business Growth & Opportunity:</b><br>Drive the growth & profitability of your department through increasing sales by analyzing proposed growth opportunities, testing category extensions & understanding competitors (through comp shops), with our customer in mind.<br><br><b>Merchandise Strategy:</b><br>Develop a seasonal product strategy for your department, in line with company strategy (considering post-mortem analyses, PMO (Price Mark On) targets, test money, OTB (Open to Buy), budgets, pricing strategies, supplier strategies, marketing & digital, etc.) in order to achieve department targets<br><br><b>Product Review:</b><br>Develop a strategic assortment for the department (considering sub cats, planned promotions, volume opportunities, store profiles, optimums, price-point plan, replenishment etc.) in line with company and seasonal strategies in order to meet department review plan targets.<br> <br><b>Current Trade:</b><br>Consistently monitor and react to current trade by analyzing product and store performance for your department & make appropriate trade decisions (including stock and order book management, actioning markdowns, promotional activity, supplier negotiations for cancellations and discounts) in order to potentialize sales.<br><span> </span>
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