Trainee's follow a bespoke structured program. With support and guidance build key knowledge and skills that equip the role to develop category plans which demonstrate the ability to plan the right merchandise for the right stores at the right time as well as a strong understanding of all the financial measures around sales, stock & profit.
ResponsibilitiesJob Learning:
- Apply learnt knowledge & skills by:
- Demonstrating an awareness of the factors influencing our performance in current trade and how to manage opportunities & risks accordingly.
- Demonstrating how to optimize stock in the light of the critical path & achievement of KPI's (Key Performance Indicators).
- Participate in building a product assortment informed by current trade, post-mortem, and the seasonal strategy.
- Demonstrating how to forecast a financial plan, and highlight variances for sales, orders, stock, and markdown planning going-forward.
Current Trade:
- Extract & analyze financial KPI's & product performance against set plan by sub department season, category & sub category.
- Contribute towards compiling a draft report highlighting all issues that have impacted performance.
- Assist with re-forecasting financial plan iro sales, orders, stock, markdowns & concluding current trade action plan.
- Conduct regular competitive shops/store visits & as an outcome relay the findings & recommended action plan.
Building an Assortment:
- Participate in building the assortment plan in collaboration with the buying & location planning team.
- Maintain the assortment in the relevant system (APS).
- Extract & analyze reports on the assortment for the planner.
Order Placement & Product Allocation:
- 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.
- Follow up on order & resolve any potential problems with the planner.
- Assist the greater team with order raising and allocations are completed timeously according to calendar deadline requirements.
A completed BCom degree in one of the following:
- Business Science
- Accounting
- Statistics
- Economics
- Finance
- Strategic Management
- Mathematics
- Supply Chain
Skills Required
- Completed BCom degree in Business Science, Accounting, Statistics, Economics, Finance, Strategic Management, Mathematics, or Supply Chain
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
