Primary Objective
We are hiring a Merchandise Planner. You willsupport the development of the merchandise strategy through forecasting and analysing categories and articles. Manage planning activities to ensure allocation and replenishment are aligned with the merchandise strategy, with a strong focus on having the right stock in the right place at the right time.
Key Responsibilities
1. Provide analytical support for seasonal strategic reviews
- Analyse performance data to support Range Reviews and provide buyers with detailed SWOT analysis.
- Present prior year results during Range Reviews, identify missed opportunities, and provide financial and analytical validation for recommendations.
2. Develop Department Budgets in SSP (Strategic Sales Plan)
- Based on approved sales and profit budgets from the strategic review process, develop weekly sales, profit and stock budgets at item, range, category and department level within SSP.
- Utilise historical performance by category, subcategory and range to develop weekly sales plans, taking into consideration: Seasonal events/ Marketing activities/ Out-of-stock periods/ Overstock periods
3. Determine recommendations for ranging that support store grading
- Based on approved sales and profit budgets, develop weekly sales, profit and stock budgets at item, range, category and department level within SSP.
- Utilise historical performance by category, subcategory and range to develop weekly sales plans while considering seasonal events, marketing activities, stock shortages and excess inventory.
- Determine the appropriate product range based on available space and review recommendations with Buyers.
- Provide analytical support to recommend product ranging that delivers the best return on investment.
- Ensure product lifecycle is effectively managed during range changes, including new product launches, to maximise sales while minimising costs associated with range transitions.
- Maximise supply chain efficiencies throughout the process.
4. Determine purchase plans within the buying plan (China Order File) to support SSP
- Build purchase and stock flow plans that support the proposed sales plan for all articles included in the buying plan.
- Consider weeks of cover and intended product lifecycle when determining purchase quantities and delivery timing to maximise supply chain efficiencies.
5. Management of In-Season Trade (Sales & Gross Profit)
- Continuously review sales and stock performance throughout the season.
- With Buyer approval, adjust purchase quantities and delivery timing to reflect current sales trends and planned stock positions.
- Optimise sales performance by ensuring inventory is balanced across distribution centres (DC) and retail stores.
- Execute markdown activities, where required, within agreed timeframes.
6. Maximisation of Gross Profit
- Manage margin performance across:
- Closing stock margin
- Intake (receipt) margin
- Point of Sale (POS) sales margin
- Ensure gross profit targets are achieved.
- Minimise margin erosion through effective markdown management.
- Optimise inventory balance across distribution centres and stores to reduce unnecessary markdowns.
Qualifications, Knowledge, Skills & Experience
- Tertiary qualification in Business, Logistics, Mathematics or a related discipline.
- Working knowledge of merchandise planning systems, preferably Pronto.
- Advanced English skills (oral & written), this role is only available for Vietnamese candidates.
- Skills (Essential)
- Advanced Microsoft Excel skills.
- Strong numeracy, statistical and probability analysis skills.
- Planning and demand forecasting experience.
- Experience (Essential): Sound understanding of the retail industry.
What we offer
- Attractive Salary and Benefits
- 13th salary +annual review + lunch allowance
- Fully paid for Social Insurance, PVI Insurance
- 1215 annual leaves, Annual health check, Holidays as per law.
- Free in-house food and beverage.
- Team Building, Events, Party, Sport Clubs, etc.
- Mon-Fri (full-time office), hybrid when reasonable.
- Address: IPC Tower, 1489 Nguyen Van Linh, Tan Phong, District 7, HCM (New Tan Hung),
Interview Process: 2 online interviews (MS Teams) + 1 test (optional)
