Merchandise Planning Assistant

4 weeks ago

Melbourne, Victoria, Australia Seed Heritage Full time
Job Title: Merchandise Planning Assistant

We are seeking a highly skilled Merchandise Planning Assistant to support our Planner in optimising stock levels, managing core styles, and ensuring our Seed Heritage stores are well-equipped to meet sales targets.

Key Responsibilities:
  • Analyse sales and stock at department, class, style, size, state, and store levels to identify opportunities and ensure budget targets are met.
  • Report on top 30 stores' sales and stock mix to highlight areas for improvement and ensure adequate store coverage.
  • Establish accurate size ratios and pack sizes for new purchase orders based on sales history to prevent stockouts or overstocks.
  • Forecast and optimise core stock flows to ensure adequate store coverage, preventing stockouts or overstocks.
  • Highlight over/understock issues and assist in planning markdown rounds at the style/colour level to maintain optimal stock levels.
  • Prepare and manage performance style reports (PSR), sales forecasts, and daily/weekly reports as required to inform business decisions.
  • Coordinate the monthly roll-up WISSI process for your allocated region to ensure accurate stock levels and sales data.
  • Assess style fit, fabrication, and store performance history to guide stock ordering decisions and maintain optimal stock levels.
  • Adjust replenishment levels to avoid stock issues and optimise in-store stock levels to meet sales targets.
  • Set up and maintain allocation grids, model stocks, and stock levels for core lines to ensure accurate stock management.
  • Allocate stock for new store openings, closures, or refits, considering sales trends and weeks of coverage to maintain optimal stock levels.
  • Organise national and international stock consolidations when required to ensure efficient stock management.
Requirements:
  • Previous Merchandise Planning or Allocation experience within the retail or fashion industry, with a focus on stock management and sales forecasting.
  • Ability to analyse data, spot trends, and ensure accuracy in tasks like size ratios and stock allocations.
  • Understanding of how stock levels impact sales and profitability to inform business decisions.
  • Competence in Microsoft Excel (including formulas, pivot tables, and VLOOKUPs) is crucial for data analysis and reporting.
  • Experience using planning software and reporting tools is also desirable to streamline stock management and reporting processes.
  • Strong Verbal and Written Communication Skills to effectively communicate with stakeholders and inform business decisions.
  • Ability to handle multiple priorities at once, managing tasks such as reporting, forecasting, and order processing to meet sales targets.
  • Proactive in identifying potential stock issues or sales opportunities and can provide solutions that align with business objectives.
  • Ability to stay organised and manage your time effectively to meet deadlines and inform business decisions.
About Seed Heritage:

At Seed Heritage, we elevate the everyday. Our collections centre on beautiful design and a modern, Australian point of view. We focus on quality and a timeless appeal, making our pieces last for years. We'd love for you to join our team and be a part of our mission to deliver rich connections to our customers.

Click the link below to explore more about our company culture and values: https://www.seedheritage.com/careers

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