• Profile

Merchandise Retail Planner

Location:
Riyadh
Job Description (English)
The Merchandise Planner supports the identification of the most suitable marketing mix strategy for a Brand, to enable the organization to buy the right product at right price and sell it at right price by placing it on right time at the right place with the right promotion
The Merchandise Planner is responsible for business analysis and decision making- by uploading and retrieving sales and inventory data in/from the system; preparing and providing all the required and relevant reports on time.
He / She is fully responsible for monitoring sell through of each product at each sore – planning and directing regular inter-store stock transfers to maximize seasonal sell through at full price stage, minimize price reductions- suggest and execute the approved Price and Promotions in system.
 
 
1. Make recommendations and decisions on stock movement, stock mix and pricing
2. Make critical decision based off business reports-by retrieving sales and purchase data from the system in the specified and approved format.
3. Monitoring and Maintaining the daily Sales Margin, MTD & YTD as per agreed business plan.
4. SALE & other Promotions Planning, and its execution- Preparation of Discount file for each promotion.
5. Visiting stores to cross check the implementation of agreed business plan.
6. Regular Stock Movement Analysis and preparation of Stock Status Reports.
7. Monitor Stock Level at each store
8. Ensures sound allocation to minimize Terminal Stock rates
9. Monitor sell through, sales mix of each product, at each store, suggest and execute corrective measures-e.g. Price Revision or Relevant Promotions on specific product, Dep’t etc .
10. Uploading data of Products; Price; Promotions; allocation and reallocation in the system.
11. Preparation of Daily/weekly/Monthly/Seasonal- Sales, Margin and STR reports.
12. Survey of Competitor’s Marketing Mix Strategy- Product/Price/Promotions/ Placement strategy and suggest necessary corrective measures required in our Marketing Mix Strategy to get leverage over the competitors.

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