Job Description
Planner at BFL Group will efficiently manage the planning process by monitoring Open-To-Buy (OTB), analyzing sales trends and providing strategic insights to enhance overall inventory performance. Streamline inventory forecasting, allocation and distribution processes to optimize profitability and customer satisfaction.
Responsibilities of Planner
- Monitor OTB & provide updates on a weekly basis to buying team & management on changes required based on Sale Trends & goods coming in. Constantly look for improvements required within the OTB / Sales Forecast / In Transits.
- Monitor seasonal trends, peaks & troughs such as XMAS, BTS, EID, SUPER SALE etc & advise on inventory cover, plan inventory requirement & fast track orders.
- Provide weekly updates on variety available in terms of Brands & Sub Categories within each division across shops, in transits & HO stock.
- Retail KPI analysis on a weekly basis. By Region, store, Concept & Division. Provide insights on low performing areas & suggest improvements needed in detail.
- Monitor online product supply & ensure the agreed QTY is passed on to ECOM. Also suggest movement of inventory between Online & Retail.
- Review store profiling on a quarterly basis & advise on changes required based on ASP, Sales Density, Flip & Other key KPI’s such as conversion, Shopper Yield, ATV & UPT.
- Identify aged inventory across the business. Ensure monthly slashing process is executed effectively across all shops. Review slashing list on a monthly basis to identify anomalies.
- Coordinate with buyers & category managers to highlight slow selling groups or SKUs to prevent them from coming into the business again.
- Publish territory level dashboards on Sales & inventory on a weekly basis.
Requirements for Role of Planner
- Bachelor’s degree in Business, Supply Chain Management, or a related field.
- 2+ years experience as a Planner in retail.
Skills And Knowledge Desired
- Strong analytical skills with knowledge of retail KPIs.
- Effective communication and collaboration abilities.
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