Job Description
- Prepare annual, seasonal, and monthly merchandise financial plans based on sales forecasts, market trends, and business objectives.
- Forecast product demand by analyzing historical sales, customer behavior, and fashion trends.
- Determine optimal inventory levels across product categories, brands, and store locations.
- Develop merchandise allocation plans to maximize product availability and sales performance.
- Monitor sales performance against budgets and forecasts, identifying gaps and implementing corrective actions.
- Coordinate replenishment activities with supply chain and distribution teams to maintain optimal stock levels.
- Analyze product performance by category, SKU, brand, size, color, and season to support assortment and profitability decisions.
- Collaborate with sourcing and suppliers to establish production schedules and ensure timely product launches.
- Recommend markdown and pricing strategies to optimize inventory turnover and protect profit margins.
- Track key merchandising KPIs, including sell-through, stock turn, GMROI, weeks of supply, inventory availability, and forecast accuracy.
- Prepare planning reports and provide data-driven insights to support strategic decision-making.
- Perform other duties as assigned to support departmental and organizational objectives.
Job Requirements
- Bachelor’s degree in Business Administration, Finance, Supply Chain, Retail Management, or a related field.
- MBA or a relevant professional certification is a plus.
- Minimum 5 years of experience in retail merchandise planning, including at least 2 years in a managerial or senior analytical role within the fashion or apparel industry.
- Strong analytical, financial planning, and inventory management skills.
- Advanced proficiency in Microsoft Excel; good working knowledge of Microsoft Word and PowerPoint.
- Experience using Power BI for reporting and data analysis.
- Strong command of English, both written and spoken.
- Excellent communication, organizational, and problem-solving skills.
- Ability to manage multiple priorities and work effectively in a fast-paced retail environment.
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