Description :
Job Brief:
Develop and approve annual sales / margin / OTB / Markdown plan & monitor performance through seasons. Initiate corrective action where necessary to ensure targets are met and OTB is adhered to. Develop planning policies and procedures and ensure effective controls are in place to monitor compliance.- Develop OTB strategy and statistics with Buying Manager capturing accurate department penetrations, sales targets, & markdown provisions. Ensure in-season OTB management, flexing budget according to market conditions and general department strategies, and reporting weekly results to Management team.
- Develop and drive all mark down activity in liaison with Planning and Buying Managers and Business Unit Heads based on merchandise plans, open-to-buy revisions, promotional calendar, merchandise cycle, and historical markdown rates and sell-thru.
- Develop the framework of analyzing and recommending inventory levels based on internal and external environmental parameters ie historical data, pre season forecasts, turnover to buying estimates.
- Identify business opportunities, highlight risks to sales and margins, and suggest corrective actions and recommendations to Buying.
- Develop strategy for supply chain procedures to ensure delivery windows are met and consistent flow of merchandise is maintained. Maintain the replenishment cycles of merchandise along with Merchandise Director to ensure availability of desired stocks.
- Set seasonal trading calendar for merchandising and lead the planning of monthly receipt flow recommendations and sales curves by store.
- Ensure accuracy of MasterFile, Purchase Orders and Pricing Sheets in coordination with Supply Chain Manager.
- Manage the training, development and motivation of staff in the area to ensure that the department is staffed with the requisite number and caliber of staff to meet its objective and that all staff are encouraged to maximize their capability and contribution.
Person Specification:
Background/ degree in Finance, Planning or Retail discipline- Proven track record of successfully managing planning function of large scale retail operations. The jobholder needs to have
- Well developed, analytical skills and in depth knowledge of the industry.
- Specialized project management training and expertise typically gained over a period of at least 8 years.
Location : Dubai, U.A.E.
Apply To : Al-Futtaim Career Page
Date : September 21, 2009
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