Mr Price Apparel - Planner
Under general direction create the department's financial plan and execute the department's seasonal strategy by delivering an assortment based on history and future trends that optimizes sales and profit whilst effectively managing the inventory.
Responsibilities
The key responsibilities for this role include:
Current Trade:
Extract & analyse financial KPI's & product performance against set plan by sub department season, category & sub category.
Compile a draft report highlighting all issues that have impacted performance.
Lead a discussion to develop an action plan that will maximize sales & profit.
Conclude the action plan out of this discussion that will include reforecasting financial plan iro sales, orders, stock, markdown planning going forward as well as inform key strategic input for forthcoming seasons.
Collaborate with location planning team to identify missed store opportunities & agree an action plan to correct missed opportunities.
Complete the current trade report for relevant management.
Based on trade analysis reforecast items in replen tool and adjust parameters as required.
- Post Mortem & Seasonal Strategy:
- Collaborating with the location planner to review the previous season's zero based plan (ZBP) in order to conclude the previous seasons missed opportunities.
- Summarize in a post-mortem the previous seasons performance (sub dept. season KPI's) based off current trade reports & compile key lessons learnt.
- Develop a seasonal strategy for the sub department which will include strategic objectives, a top line financial plan which is aligned to the previous seasons post mortem, growth opportunities & trend direction.
- Reconcile the seasonal strategy with the location planning strategy & the marketing strategy.
- Lead the strategy discussion & agree the seasonal strategy to be presented to the management team ensuring it is aligned to key company growth initiatives.
- Adjust forecasts for continuing items in replen tool and complete the steps for all new items introductions.
- Assortment, Booking & Product Allocation:
- Build the initial assortment plan in collaboration with the buying & location planning team ensuring that post mortem, agreed strategy, current trade, trend & external factors are considered.
- Reconcile the assortment plan back to the merchant & location financial plan by checking that the key strategic ratios are consistently flowed through the season & across store profile.
- As a team review, agree the assortment plan & assist with preparing the required presentation documents.
- Create all order lines for the season with your greater team ensuring accuracy in all detail inclusive of category & sub category detail, product attributes, size curve, cost prices, selling prices, and PMO.
- Check all order placing activities & order authorizations are completed timeously according to calendar deadline requirements.
- Collaborate with location planning team to ensure order allocations are completed timeously according to calendar deadline requirements.
- Coaching & Development:
Provide direction & mentorship to trainee planner & junior planner within your greater team.
Requirements:
Degree in Finance/ Supply Chain
Specific knowledge:
Professional Skills - Current Trade, Post Mortem, Build a Seasonal Strategy & Assortment.
Technical Skills - Computer Literacy & Planning System
Retail knowledge
Brand & Product understanding
Mr Price Group Limited is an equal opportunity employer and is committed to Employment Equity.
Skills Required
- Relevant finance-related university degree or diploma
- Experience with MRP merchandise planning processes and systems
- Tableau and BI reporting skills
- Advanced Excel skills
- Strong numeracy skills
- Reporting and analytical capability
- Strong communication skills
- Product and trade focused mindset, professionalism, proactive team behaviour, and creative problem solving
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








