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Junior Merchandise Planner
2 months ago
About the Role
Lorna Jane Pty is seeking a highly skilled and detail-oriented Junior Merchandise Planner to join our Production & Buy team in Brisbane.
The Junior Merchandise Planner will play a key role in supporting the buying and forecasting for Lorna Jane's Essentials product line and our large wholesale accounts.
Key Responsibilities:
- Assist in the selection and purchasing of the Essentials product line, ensuring alignment with brand standards and customer preferences.
- Collaborate with the Merchandise Planner to develop and execute buying strategies that maximize sales and profitability.
- Monitor and analyze sales performance, adjusting buys and inventory levels as needed to meet business objectives.
- Forecast product demand for large wholesale accounts, ensuring adequate stock levels to meet customer needs.
- Partner with the Sales and Planning teams to provide accurate sales forecasts and inventory recommendations.
- Analyze wholesale sales data and trends to inform future buys and identify opportunities for growth.
- Monitor inventory levels and work with the planning team to manage stock replenishment and allocations.
- Identify and resolve inventory discrepancies and work to minimize stockouts and overstock situations.
- Participate in the development and execution of markdown and promotional strategies.
- Maintain stock levels and forecast inventory needs while maintaining open to buy and working within allocated budget.
- Build and maintain strong relationships with vendors and suppliers, ensuring timely delivery of products and negotiating favorable terms.
- Generate and maintain reports on sales performance, inventory levels, and other key metrics.
Requirements:
- Experience in an administrative role in a retail business.
- Strong communication and negotiation skills.
- Experience with vendor contract negotiations is highly desirable.
- Detail-oriented.
- Strong analytical ability.
- Results-oriented.
Why Lorna Jane?
- Work with a creative and supportive team.
- Enjoy a culture of wellbeing.
- Wear your activewear to work and receive a generous discount on our latest collections.