
Merchandise Strategist
2 days ago
The role of the Merchandise Planner is to ensure that the right products are available at the right time and in the right quantities to meet customer demand.
This involves analysing sales trends, forecasting demand, and creating effective merchandise plans that drive sales and profitability.
Key Responsibilities- Develop and maintain merchandise plans by category, style, and department, ensuring alignment with business objectives and sales targets.
- Analyse historical sales data, current trends, and seasonality to forecast demand and recommend replenishment strategies.
- Collaborate with buyers to ensure the appropriate product assortments are selected to meet customer preferences and maximize sales potential.
- Monitor inventory levels across channels and locations, ensuring optimal stock levels and reducing out-of-stock situations.
- Work with the supply chain team to optimize stock flow and manage lead times to ensure timely product availability.
- Coordinate with the warehouse and logistics teams to support inventory management and delivery schedules.
- Regularly review sales performance against targets and adjust plans accordingly to meet or exceed objectives.
- Provide detailed reporting on product performance, markdowns, stock turn, and other key metrics.
- Identify and analyse trends in customer demand, recommending adjustments to inventory plans and promotions.
- Work cross-functionally with buying, marketing, and merchandising teams to align strategies and ensure seamless product execution.
- Communicate regularly with vendors and suppliers to monitor product availability and ensure timely deliveries.
- Present merchandise plans and performance reports to senior leadership as needed.
To succeed in this role, you will need to have the following skills and qualifications:
- 3+ years of experience in merchandise planning or related role, preferably in fashion and retail.
- Strong analytical skills and the ability to interpret complex data and trends.
- Excellent communication and collaboration skills with the ability to work across teams.
- Proficiency in Microsoft Excel (advanced skills required), and experience with merchandise planning software (e.g., FSR, SAP, JDA, or similar tools).
- Strong attention to detail, organization, and time management skills.
- Ability to thrive in a fast-paced, deadline-driven environment.
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