Retail Product Optimisation Specialist

2 weeks ago

Melbourne, Victoria, Australia beBeeProduct Full time $55,000 - $85,000

As a seasoned product strategist, you will be instrumental in driving data-informed decisions to power product strategy and optimize inventory across stores and online platforms. Your analytical prowess and attention to detail will enable you to maximize sales, profit, and inventory targets for retail through effective planning, quantification, analysis, and proactive management of financials, Open to Buy and stock allocation.

Key Responsibilities Include:

  • Assisting Planner to analyze department, class, sub-class, and product performance to identify trends and take proactive action.
  • Assist in Basics forecasting
  • Align forecast with the sales targets and the marketing calendar.
  • Manage stock holdings to minimize inefficient stocks. Ensure store and online performance is optimized through accurate stock levels and regular stock deliveries.
  • Monitor and analyze size performance. Work with the Allocator on stock levels to ensure stock is maximized for product selling.
  • Assist with post-season review and performance analysis.
  • Support Planner with preparation of reports to show performance against KPI's and business rules.

Required Skills and Qualifications:

  • Tertiary qualifications in business/marketing/retail.
  • Demonstrate an awareness and understanding of the financial parameters and targets of the department.
  • Strong problem-solving ability
  • Strong Analytical Skillset
  • Computer literacy in MS Office
  • Excel experience essential

Benefits:

  • Shape the future of retail by playing a key role in product strategy and optimization.

Others:

  • Join a dynamic team of professionals who are passionate about product performance and excellence.

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