Junior Merchandise Planner

Dubai, Dubai, United Arab Emirates
Full-time
Posted

Description

Established in the 1930s as a trading business, Al-Futtaim Group today is one of the most diversified and progressive, privately held regional businesses headquartered in Dubai, United Arab Emirates. Structured into five operating divisions; automotive, financial services, real estate, retail and healthcare; employing more than 35,000 employees across more than 20 countries in the Middle East, Asia and Africa, Al-Futtaim Group partners with over 200 of the world's most admired and innovative brands. Al-Futtaim Group’s entrepreneurship and relentless customer focus enables the organization to continue to grow and expand; responding to the changing needs of our customers within the societies in which we operate.

By upholding our values of respect, excellence, collaboration and integrity; Al-Futtaim Group continues to enrich the lives and aspirations of our customers each and every day


Overview of the role


Planning and controlling shelf with balanced assortment and store space management to maximise sales, inventory turn and profit vs Budget in each location.


What you will do


  • The job holder generates import purchase orders in the system according to the buyer’s assortment planning Inventory Dashboard
  • Ensures effective allocation to stores based on requirements, store density parameters, fixture fill requirements and stock level plans
  • End of season clearance plan to launch the new season range
  • Clear the discontinued/slow moving stock from the shelves to launch new seasonal range
  • Preparation of Re-order analysis which shows authenticity of the financial allocation for every reorder.
  • Monthly KPI report indicating stock cover
  • Suggest mark downs and promotions for slow movers. Strictly follow first in/First out wherever revamped product available in new package.
  • Product ranking and aging stock
  • Develop core vendor plans by location.
  • Focus on Top 20 vendors which contributes 80% of the total sale
  • Analyzing the reports on daily/ weekly /monthly and annual basis
  • Supporting the merchandising budget process and providing the required data from the system

Required Skills to be successful


  • Strategic planning and analytical skills.
  • Influencing and negotiating skills.
  • Merchandise planning and inventory knowledge.
  • Space planning.

What equips you for the role


Education:

  • BBA (Business Management or Buying) - SAP Knowledge is essential.

Minimum Experience and Knowledge:

  • 3 plus years in Retail Planning allocating experience (Store based experience essential)

About Al-Futtaim Retail


Al-Futtaim Retail has established itself as one of the leaders in Retail across the Middle East, Africa & Asia over the past 30 years. We have developed partnerships with some of the biggest and most respected Brands in the world including IKEA, ACE and Toys R Us in the Middle East and the Inditex Group of Brands (Zara, Mango, Bershka and P&B) across Asia. We are also one of the largest Global partners of Marks and Spencer’s in both regions with over 75 stores offering both fashion & food options.

Most recently we have been responsible for bringing brands to the Middle East for the first time with the exciting launches of Watsons and B&Q and we aim to continue to be agile and adaptive to our markets with new launches and further development. For this to be possible we aim to recruit the best talent from all backgrounds who will continue to challenge and develop our diverse workforce which includes over 100 nationalities across 12 countries. Join us today and make a difference…

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