• Retail Planner Lebanon
  • Mike Sport in Lebanon, , Lebanon
  • jobs
  • 2 weeks ago

jobs description

Department: Commercial ProcurementJob Status: Full TimerWorking Hours: Monday till Friday From 9:00 am till 18:00 pmLocation: Head Office - ZalkaRelationship Span:Within Mike Sport: Retail Dpt., Wholesale Unit, Inventory & LP Dpt., Marketing Dpt., Accounting & Finance Dpt., Warehouse Dpt. Outside Mike Sport: N/AAbout UsFor over 30 years we have built a powerful wholesale, retail, and E-commerce business, combined with a successful distribution channel. Mike Sport has strengthened its footprint for major key accounts with its Lifestyle, Outdoor, Performance, and Technical categories. Our operations are spread across the EMEA region with our headquarters and central operations located in Beirut, Lebanon.SCOPE OF THE JOBThe Retail Planner is responsible for analyzing sales data, forecasting demand, managing inventory, and developing strategies and financial forecasts for a segment of the business. The goal is to optimize company sales growth, inventory turnover, and profitability by... working closely with cross-functional teams to align merchandise planning, purchasing, and operational objectives on designing and implementing thoughtful inventory strategies that promote profitable sales growth and satisfy customer demand.KEY RESPONSIBILITIESLeadership & Managerial: Manage P&L for Commercial dpt. By Brand & Measure store performance for a high sales-per-square-foot number and efficiency in driving sales.Strategy & Budgeting: Develop and drive seasonal sale strategy and potential liquidation events. Analyze sales performance, product performance, and inventory data to identify trends, opportunities, and risks. Utilize industry knowledge and compare sales data to develop accurate sales forecasts for different product categories. Maintain in-season product plans and forecasts and collaborate with the team to execute top-down and bottom-up roles of individual SKUs and styles. Develop effective pricing strategies, and select appropriate product mix. Balance the need for profitability with competitive pricing and promotional activities. Provide insights and recommendations to improve sales and profitability. Create allocation strategies based on seasonality, trend, store capacity, and inventory. Analyze the business in collaboration with the buying team and stores to maximize sales and stock opportunities, to create and maintain seasonal assortment plans and category sales plans. Identify the best sellers and slow-moving items in a timely manner and work with the buyers to actively manage inventory levels. This includes planning backup orders on key core items, adjusting product flow when needed, inventory management and recommending orders, increasing/decreasing inventory, and/or canceling orders. Communicate inventory plans, sales forecasts, and performance updates to relevant stakeholders. Track open-to-buy purchase budget. Plan and develop the inventory strategy to deliver sales and gross profit targets. Collaborate with merchant and planning partners to develop yearly sales, margin, and product turn plans and recommend divisional and departmental sales growth to drive business strategies. Assist in developing the assigned department's budgets, sales targets, assortment plans, and financial goals. Work with merchandising and buying teams to create well-balanced and attractive product assortments that align with customer preferences and company strategies. Develop a recap business analysis in order to partner with the buying team, create strategies, drive sales, and achieve gross margin profitability.Execution: Monitor inventory to ensure optimal stock levels that meet customer demand. Collaborate with buying and merchandising teams to plan and allocate inventory based on sales projections and seasonal trends. Develop, maintain, and update tools, reports, and ad-hoc and benchmark analyses, to support the needs of the business. Support Pop-Up, On-the-Road, and new store openings by ordering and managing product inventory. Ensure a healthy balance of inventory and propose a promotional sale for old inventory. Coordinate with sales and marketing to consolidate Historical sales data analysis with commercial team inputs. Manage inventory flow of goods to support sales and product turn for a portion of a product category as assigned. Launch new products and categories at the stores and ensure timely replenishment. Allocate inventory to different store locations or distribution centers based on factors like sales potential, store size, and geographical factors. Optimize product availability across the retail network. Collaborate with cross-functional teams, such as Buying, Back Office Unit, Marketing, and Operations to align inventory plans with marketing strategies and objectives, promotions, and events.Reporting & forecasting: Develop seasonal, monthly, and weekly merchandise plans w


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