Strategize, plan and execute a balanced profitable assortment in collaboration with the buyer and location planner, based on historical, trend and customer/store analysis in line with the Company's strategy.
.button { border: none; color: white; padding: 10px 15px; text-align: center; text-decoration: none; display: inline-block; font-size: 20px; margin: 4px 2px; cursor: pointer; font-family: ""Arial""; font-weight: bold; } .button3 {background-color: #000000 ;} ResponsibilitiesStock Management:Ensure that orders are placed within specific time lines and with strategic suppliers in order to meet demand as predetermined in the strategy and review process.
Review and adapt PIS (Put into stock) based on external factors (supplier issues, DC issues etc.).
In reaction to current trade and customer demand, adjust forward order book and address poor performing stock through markdowns.
Business Growth & Opportunity:
Drive the growth & profitability of your department through increasing sales by analyzing proposed growth opportunities, testing category extensions & understanding competitors (through comp shops), with our customer in mind.
Merchandise Strategy:
Develop a seasonal product strategy for your department, in line with company strategy (considering post-mortem analyses, PMO (Price Mark On) targets, test money, OTB (Open to Buy), budgets, pricing strategies, supplier strategies, marketing & digital, etc.) in order to achieve department targets
Product Review:
Develop a strategic assortment for the department (considering sub cats, planned promotions, volume opportunities, store profiles, optimums, price-point plan, replenishment etc.) in line with company and seasonal strategies in order to meet department review plan targets.
Current Trade:
Consistently monitor and react to current trade by analyzing product and store performance for your department & make appropriate trade decisions (including stock and order book management, actioning markdowns, promotional activity, supplier negotiations for cancellations and discounts) in order to potentialize sales.
Qualifications
Education:
Degree or NQF Level 6 / Diploma
Experience:
3 Years retail planning experience
Knowledge/ Skills:
Commercial acumen
Economic understanding of supply & demand
Retail market & industry knowledge
Numerical skills
Effective Communication skills (verbal & written)
Negotiation skills
Proficiency in MS Office Applications
Conflict management
Analytical skills
Business understanding of Milady's business processes, MRPG Systems & BI and the Milady's customer.
Skills Required
- Degree or NQF Level 6 / Diploma
- 3 years retail planning experience
- Commercial acumen
- Economic understanding of supply and demand
- Retail market and industry knowledge
- Numerical skills
- Effective verbal and written communication skills
- Negotiation skills
- Proficiency in MS Office Applications
- Conflict management
- Analytical skills
- Business understanding of Miladys processes, MRPG Systems and BI
What We Do
Mr Price Group Limited is an omni-channel, fashion value retailer. The Group retails Apparel, Homeware and Sportsware and is one of the fastest growing retailers in South Africa. Our History: 1885 - The first John Orrs store opens 1934 - The first Hub store opens 1952 - John Orrs is listed on the JSE 1967 - Acquisition of two Miladys stores 1986 - Laurie Chiappini and Stewart Cohen, together with BOE, acquire a major shareholding in John Orr Holdings 1987 - The first Mr Price store opens 1991 - Laurie Chiappini and Stewart Cohen acquire control of the Group from BOE 1993 - Launch of the Mr Price Group Share Partnership Initiative 1996 - Acquisition of Galaxy & Co. and Sheet Street 1997 - Alastair McArthur is appointed as CEO 1998 - Mr Price Home launched 2000 - Mr Price opens stores in Botswana and Namibia 2001 - Specialty Stores becomes MR Price Group 2005 - Over 100 million units are sold across the group 2006 - Sale of the Hub and Galaxy divisions 2007 - Launch of Mr Price Sport stores and Mr Price Franchising 2008 - Miladys wins the Orange Index award for excellence in customer service 2008 - Mr Price Apparel is voted the most loved and most frequented retail apparel brand for the first time 2008 - This year Mr Price Home is voted the most loved and most frequented homeware retailer 2011 - Retail sales exceed R10 billion and profit attributable to shareholders exceeds R1 billion for the first time 2011 - The group celebrates the 25th anniversary of change in control, recording a CAGR share of 25.3% and headline earnings per share of 23.5% over this period 2012 - First Corporate owned Mr Price store opens in Lagos, Nigeria 2013 - Mr Price launches its online store
