Retail Business Planning & Merchandising Manager, SEA l Retail l Marks & SpencerThe Business and Merchandising Planner is responsible for developing and executing sales strategies and merchandising plans that drive revenue growth and enhance product visibility.
This role involves analyzing market trends, forecasting sales, and collaborating with various departments to ensure optimal inventory levels and effective merchandising strategies.
Key Accountabilities:
Data AnalysisAnalyze historical data related to all C&H merchandises, sales performance, etc.
with data analytical tools/apps for precise reports & interpretations.
Generate regular reports on sales performance, inventory status, and merchandising effectiveness.
With analyzed data and reports generated, along with Market Trends studies, provide and develop accurate sales & margin forecasts.Merchandising StrategyDevelop and implement merchandising plans that align with sales and margin targets.
Work with the marketing team to create promotional strategies & plans that drive sales and align with sales & margin targets.Inventory ManagementMonitor stock inventory levels and turnover rate to ensure optimal stocks level and sales.
Work closely with the supply chain/logistics team to manage inventory flows to minimize stockouts or excess inventory.Market ResearchConduct market research and analysis to identify customer preference, competitive landscape, and emerging trends.
Use insights to inform product assortment and merchandising strategies.
Work closely with cross-functional teams, including store operations, marketing, logistics, and other internal stakeholders to ensure sales/business strategies are effectively implemented and executed.
Communicate effectively with stakeholders at all levels to share relevant insights and recommendations for overall business strategies and plans.Training & DevelopmentProvide products and merchandise mechanism training to the store team to enhance sales processes and customer buying experiences.
Work closely with HR & L&D team to foster a culture of continuous improvement and innovation within the team.Requirements:
Bachelor's degree in Business Management, Business Analytics, or a related field.
8-10 years of experience in Business Analytics/Merchandising Planning, experienced in a reputable retail industry is preferred.
Strong analytical skills with proficiency in data analysis tools and software (e.g., Excel, BI tools).
Excellent communication and interpersonal skills.
Ability to work collaboratively in a fast-paced environment.
Strong organizational and time management skills.
Attention to detail with a high level of accuracy and excellent numerate skills.
Proven leadership and decision-making skills.
Seniority LevelMid-Senior level
Employment TypeFull-time
Job FunctionRetail#J-18808-Ljbffr