The Planner’s role is to assist the Senior Buyer & Planner in the creation of the Product strategy and implementation of the company strategy by delivering a product offer that exceed customers’ expectations and achieves sales and profit targets through effective stock management.
Profit Maximisation
- Assist in the preparation of budgets, sales and profit targets;
- Monitor performance against plan, highlighting opportunities and risks to Buyer and Senior Buyer & Planner;
- Suggest actions to maximise sales and profit and reduce stockholding whilst increasing stock turn;
- Achieve maximum full price sales and planned margin;
- Communicate trading issues and forecasts with proposed actions to senior management and Buyer;
- Propose and implement mark-down activity to reduce old stock and promotions to drive trade and maximise profit.
Range Building and Planning
- Produce historical analysis to assist Senior Buyer & Planner in development of product strategy;
- In conjunction with the Buyer, agree a financial framework with Senior Management within which a balanced, commercial and profitable range is built;
- Produce market and customer information together with historical data to develop the department’s phased plans;
- Produce analysis of store trading performance in order to assist the Senior Buyer & Planner in optimizing the product space mix for all stores
- Continuously monitor market activity, through regular shop visits, gathering market intelligence from a wide variety of sources, and feeding back to Senior Buyer & Planner.
Inventory/Commitment Management
- Utilise the WSSI to manage the intake of stock in line with agreed stock levels;
- Proactively manage the order book in line with agreed intake levels;
- Assist in delivery of core line strategy to maximise product availability through reforecasting and replenishment;
- Manage initial allocation of product by store, including presentation stocks;
- Optimise store sell through by managing replenishment parameters;
- Support the Planner to deliver availability of stock by:
- ensuring planned launch and replenishment dates are met;
- proposing and actioning store to store transfers where appropriate.
- Build and maintain effective working relationships with suppliers;
- Proactively manage the order book in line with agreed intake levels;
- Assist in delivery of core line strategy to maximise product availability through reforecasting and replenishment;
- Manage initial allocation of product by store, including presentation stocks;
- Optimise store sell through by managing replenishment parameters;
- Support the Planner to deliver availability of stock by:
- ensuring planned launch and replenishment dates are met;
- proposing and actioning store to store transfers where appropriate.
- Applicants should:
- Be proactive
- Be logical and analytical in their approach
- Have advanced experience using Excel
- Preferably hold a degree level of education In Commerce, Analytics or related field.
- Have relevant work experience
