About the Role
Manages OTB, stock, sales and margin at detailed level to maximise sales and minimise inventory levels.
Key Accountabilities:
Responsible for multiple Stores and wholesale.
- Manage the development of Annual, seasonal, monthly and weekly business plan as appropriate
- Understand the trend and Forecast weekly sales and margin by store and region highlighting the risks and opportunities
- Develop and communicate comprehensive department financial and product strategies
- Reconcile top –down & bottom-up department plan to divisional Plan and Forecasts
- Manages markdown and promotional strategies to ensure margin is maintained to achieve bottom line
- Drives the Business Planning process for the brand to arrive at the budgeted sales & Margin (BP)
Manages OTB, inventory levels and stock turn
- Managing OTB and Markdown for 9 brands for all countries.
- Allocate accurate OTB for each brand & category to achieve maximum sell through.
- Maintain healthy stock level in each brands and country
- Manage MSSI/WSSI report with accurate forecasting and inform the management with risk factors with regards to stock holding and sales
- Manages monthly intake and timely deliveries in accordance with the brand and Market
- Manage ideal stock for each brand and each stores and ensure the stocks are kept to minimum ideal stock cover
- Ensure Space productivity is executed to keep the right product to increase the profitability across the brands.
- Manages the stock profile to ensure that aged inventory is kept to a minimum
- Communicate to the Management on weekly basis with more fruitful analytics.
- Manages and owns Good/ Better/ Best pricing strategies
Team Collaboration
- Works in conjunction with buying team to develop effective, profitable assortment range
- Collaborates with Financial Planner to forecast budgets and latest estimates by region and store
- Builds and manages the range plans in conjunction with buying ensuring OTB is controlled
- Works closely with other departments including Buying, Retail, VM, Operations and Wholesale to ensure the product offer is optimised at all times and sales opportunities are maximised
- Works closely with logistics team to ensure the stocks are flowing as planned.
- Collaborate with Marketing, Operations and the Brand teams to confirm the commercial calendar for all brands, which would include all key promotions in line with the markdown strategy
- Provide support and direction to the allocators / admin assistants and groom them to become future managers in the organization
- Provide periodic updates to the relevant stakeholders and conduct recurrent stakeholder meetings to ensure effective relationship and align with their expectation
SAP Inventory Management & Reporting
- Ensure that SAP is maintained on regular basis and is operating effectively from an inventory point of view.
- Develop and publish reports which will give accurate and reliable information to the management and facilitate decision making
- Support expansion by providing sales estimates and ensuring the availability of a proper stock package
Job Details
Posted Date: | 2021-12-20 |
Job Location: | Dubai, United Arab Emirates |
Job Role: | Management |
Company Industry: | Accounting |
Preferred Candidate
Career Level: | Management |
Degree: | Bachelor's degree |
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