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Merchandising Analyst

wuzzuf.com

Job Description :

Job Purpose:Plan the purchase using Merchandise planning tool. Manage the Product flow from brand partner to storesto be at the right time and right place. Analyze the performance of sell through and recommend the actionsto achieve the set KPIs. Key Responsibilities:Develop seasonal buying plansPrepare Assortment plan based on planned OTBBuying/Product selection in line with company strategyProduct flow management and coordination between the brand & supply chainPricing and margin managementReplenishment management based on sales performanceProposing store to store transfers to make sure that stock is well balanced and available where it would sellPrepare Promos/ Mark down proposals for sign off along with sales & margin projectionsAnalyze inventory results and investigate the results where neededAbility to analyze and evaluate dataDefine the cause of the problem and implement necessary actionsDevelop Merchandise Financial Plan and OTBTrack and analyze in-season brand performance and adjusts weekly forecasts (and OTB if needed / possible)Monitor merchandise inventory positions and markdownsReview assortment plan developed by the brand partners on his/her assigned brands and provide inputs.Analyze sales performance and trendsShipment Process & TrackingReport & follow up any discrepancies in shipments or in stock deliveriesCreate store to store transfersGenerate reports (e.g., sales vs. budget, margins, sell through, sales contribution by category)Create content files for ECOM platformsDimensions: Oversee sales performance on the seasonal launches.Own the responsibility of keeping all data accurate and cleansed.Streamline the flow of merchandise by analyzing sales performance and determining trends and patterns Decision Making Authority:Takes merchandising decisions within the brand guidelines and delegated authorities. Problem Solving: Track and analyze in-season brand performance and adjusts weekly forecasts.Ensure all brand partners’ and the company’s trading strategies are in compliance.Compliance and alignment with the Buy Plan.Resolves issues to meeting mark down and profit targets.Communication and Working Relationships:Internal (within the company): Direct communication with brand management & merchandising teams, IT, Finance, Supply Chain Team, Store Operations TeamExternal (outside the company): Brand Partners

Job Requirements :

Bachelor’s degree in Business Administration or similarExperience:Min. 3 Years’ experience in a similar roleProven retail experience working in a similar role.Computer literate and hands-on experience with reporting & tracking systems.Job Specific Skills: Good product knowledgeSeasonal Fashion trends awarenessVery good knowledge of MS office applicationsAdvanced ERP system knowledge:Merchandize and Financial Planning (MFP)Assortment Planning (AP)Item Planning (IP)Retail Demand Forecasting (RDF)Size Profile Optimization (SPO)Clearance Optimization Engine (COE)Adapts communication style effectively to the situation and audienceSupports messages with relevant data, information, and examples

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