GMG
Sr. Planner Jobs In Dubai 2022 | GMG
Job Responsibilities:
- Develops financial merchandise plans for all brand/categories based on insights gained from analytics, customer preference, historical trends and future outlook projected by the buyer
- Determines high-level financial goals including pre-season financial plans, in-season projections, open-to-buy management and new store budgets for the brand/category
- Prepares and monitors brand/category MIS analytics based on actual sales, sales forecasts, company order parameters, inventory checks, forth coming events, replenishment needs etc.
- Discusses, decides and monitors the strategic plans around the following factors
- Financials
- Sales, Stock, OTB, Margins, Forward Cover etc.
- Order Quantity, Allocation, Replenishment etc.
- Communicates the plans to buying team for necessary execution and ensures effective in-season management across stores/areas (stock balancing, markdown management, stock analysis, stock vs sales performance)
- Reviews the merchandise plans on a periodic basis to ensure profit is maximized and maintained to reach target levels
- Ensures optimum inventory levels are maintained for each brand/category, keeping in mind store requirements as well as working capital constraints
- Ensures that no instances of stock outs occur on account of any discrepancy on part of planning
- Ensures excess inventory is not maintained at the warehouses or the stores and there is proper adherence to the GMG policies and procedures
- Ensures proper coordination with the store managers and distribution centers to ensure that the goods are delivered to respective stores as per the requested quantities and agreed timelines
- Ensures identification of obsolete/slow moving stock and obtain management approval on markdowns and product discounts to ensure stock is liquidated as per retail /brand/category guidelines
- Prepares variance analysis reports of stocks and sales against budgeted figures, identify brand/category growth opportunities to minimize down trending business
- Monitors and sets targets by brand/category for GMROII and densities to increase profitability
Job Requirements:
- A minimum of 7 -9 years of relevant experience
- Must have handled at least the following volume: (a) more than AED 300 million per year (b) 2000 – 2500 styles (c) 8000 – 10,000 SKU’s.
- Must have worked in either Retail, FMCG or Ecommerce. Ideally, in Apparel/ Footwear/ Fashion.
- Must be an excellent user ERP’s (e.g. SAP or Oracle). Experience of using Power BI is desirable. Must have experience in the following areas: preseason, central planning, controlling of Investments, OTB, margin management, markdown planning, discounting, inventory management and financial planning (budget planning – sales and GP Budgets.
To apply for this job please visit www.careerjet.ae.