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careers Sydney
13.07.2021

The Iconic

Merchandise Planner

company: The Iconic
job title: Merchandise Planner
location: Sydney CBD
work type: Full-time
level: Mid-level

Role Description

At THE ICONIC our mission is to deliver seamless and inspiring experiences for our customers and our people. We DREAM BIG through collaboration and innovation, and are supported to bring incredible ideas to life. We are a group of people believing in making a positive difference in this world and liberating our customers through the power of fashion and sports.

This team is an eclectic mix of strategic problem-solvers and creative analytical thinkers who love products. Our Planners analyse and forecast financial and product trends, review the performance of our products, and make sure that sufficient stock is available. They also work with brands and suppliers to negotiate price structures, delivery dates, specific merchandise requirements and contracts so that we continue to meet our goals. They are key in rolling out company-wide projects and have a keen eye for process improvement and streamlining – they are dedicated to efficiency and love the numbers.

Key Responsibilities

  • Works with Buying counterparts to develop and implement a department strategy to drive sales and maximize profit. Develops a mid term strategic view to drive growth and profit for the department
  • Reviews in season and postseason performance, giving recommendations of areas to focus on, grow and decline
  • Understands the key focus for the business and the overall strategy for Category Management
  • Ensures system coding/ attributing is reflective of the range and gives insight into performance.
  • Collaborates with buying to trial new categories, products and brands
  • Regularly monitors brands at a Indent/ Hybrid/ Marketplace level and makes recommendations for change based on performance
  • Develops a mid-term strategy for the department, starts to think beyond current season and planning season
  • Identifying and monitoring floors and corners across both branded and private label business to reduce cannibalization.
  • Collaborates with Buying to ensure optimum intake phasing, monitors intake spend and overall inventory levels. Makes recommendations for intake spend to be increased/ reduced but still coming back to overall intake targets. Updates brand plans with any changes and communicates changes to the team clearly
  • Closely monitors performance against KPI benchmarks and highlights any risk, suggesting actions to take to bring performance back to meet or exceed KPIs
  • Is a team player, collaborating and building relationships with Buying and Planning team members. Gets involved in company projects, working with team members from different departments
  • Builds strong relationships with key brands and forms relationships within the industry to gain insights on performance and strategy wherever possible

 

KEY SKILLS

  • Minimum 3 years – 5 years relevant experience.
  • Experience in managing the BUB process, working collaboratively with Buying to achieve deadlines and ensuring the brand strategy aligns with department strategy
  • Communicates confidently to senior management regarding department performance and strategy
  • Manages a WSSI, owns the forecasting and presents in reforecast meetings
  • Manages direct reports (dependent on team structure) workload and priorities, meeting both specific planning and department deadlines.
  • Conducts in depth competitor shops and market analysis. Presents findings and draws conclusions and actions from this analysis
  • Actively looks for ways to improve current processes, gives input with regards to system improvements

 

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