Retail Planning Manager

TITLE:                         Retail Planning Manager

REPORTS TO:                Merchandising Director

General Role

The Retail Planning Manager forecasts and acts to support local business needs. Mains responsibilities involve sales forecasting and inventory management. It requires strong collaboration with Retail Merchandisers, and Logistics Departments.

• Responsible for sales budget by category and store

• Responsible for stock management which includes defining the right level of stock per store per category and allocating products through sales analysis and stock monitoring on a regular basis.

• Responsible for the establishment of stock replenishment strategy based on group strategy and local business character. 

• Responsabilities require quantitative and qualitative approach.

• Team Management of Retail Planners

Major responsibilities

1. Sales & Inventory Management 

    

• Sales forecasts: define yearly sales budgets by store and category of products in collaboration with the Retail Merchandising Director

• Monthly sales performance reporting and reforecasts vs financial reporting

• Provide updated sales forecast for all key financial reporting moments

• Weekly update of sales and MOS for all categories, flagging any risk of stocks for sales performance

• Monitor stock ageing and propose adequate actions

• Manage phased out stock with related Departments

• Conduct stock allocation from the local distribution center to stores in a daily basis

• Manage and optimize monthly stock positions to guarantee the right level of inventory, avoiding lost sales or overstock situations.

• Conduct monthly meetings with internal logistic teams to manage the current stock flow and tackle challenges. Suggest areas of improvement for optimum stock efficiency

• Collaborate with Retail merchandisers to the definition of OTB and monitor the spending throughout the seasons

1. Supply Chain Management

    

• Facilitate products supply in coordination with HQ supply department. Follow up on quality of deliveries from Paris. Communication with HQ and Region to solve any delivery issues.

• Implement the Group’s replenishment strategy while adapting to local stock replenishment strategy by category and finding the areas of improvement.

• Define the selection of Permanent Stock items (PSI) with Retail Merchandisers and set min/max level for automatic replenishment from Paris to Korea stores, twice a year.

• Define min/max quantities of products to be replenished from local distributor center to stores, every quarter.

• Update min/max for seasonal items according to new season launching twice a year.

• Forecast short-term and long-term demand for production planning and share local market insights. 

1. Merchandising operations and projects

    

• Discounted sales management 

• Responsible for stock return from stores to local distributor center based on phased-out item list 

• Participate in the annual stock-taking process

• Participate in ad-hoc projects as a support to the subsidiary

• Participate as a key partner in the integration of SAP

Requirements & Capabilities

• Minimum 10 years in the retail industry. Planning, Merchandising & Logistic experience is preferred.  Retail/sales experience is an advantage

• People/team management experience is required

• Must be a good team player, detail-minded, service-oriented, and self-motivated

• high analytical, exceptional organisational, interpersonal and communication skills

• Influential, structure and pedagogic leader

• Detailed in the analysis, but synthetic and action-focused when sharing to others

• Fluent in English is a must.  Ability to understand French is an advantage

• Good at Microsoft Office program, advanced level in Excel