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Job Description
We believe that work is not just an office you report to every morning. It is rather the right place for discoveries as well as innovations and a venue for development of professional skills. Employees in Panda always work to reach new heights in performance through enthusiasm, punctuality and adaptability. If you believe you can be the one with this skillset, join us today to start your first step towards a quite successful career path.
Job Purpose
Keep the balance between Sales, Inventory & Profit in the way that achieves customer satisfaction & utilizes the stores space to the maximum.
Job Responsibilities
• Develop merchandise financial plans of assigned business units to deliver sales, inventory & profit targets & Maximize ROII, in line with the commercial strategy & stores space.
• Define the appropriate approach to develop merchandise planning model for the assigned business units, in accordance with each business unit financials & constrains.
• Build & develop assortment plans of all regular, seasonal, promotional and new items, in addition to pre-season & post-season plans.
• Manage the process of item-location status updates in the way that ensures proper system control while executing assortment related data on RMS, in alignment with MDM.
• Develop & manage the item rationalization process of the assigned business units & approve adding/deleting an item/brand to/from the company item portfolio.
• Lead cross-functional alignment between commercial, supply chain, stores operations & MDM to guarantee best initiatives planning and execution excellence.
• Manage relationships with commercial team and provide them with inventory & space-aware analytics for the assigned business units.
• Partner with the category managers to review & update assortments of the assigned business units, considering the company strategy as well as space limitations.
• Partner with the replenishment planners to follow-up on inventory management decisions and replenishment parameters, in the way that guarantees balanced stores inventory levels & proper inventory allocation.
• Partner with buying teams to facilitate forward buys decisions as a reflection of defined assortment, Min-Max & replenishment parameters.
• Partner with space planners & layout planners to ensure proper execution of assortment plans and proper utilization of the store space.
• Cary-out periodical monitoring of the assigned business units and propose item-rationalization actions as well as analytics of liquidation plans.
• Carry-out periodical monitoring of stores performance and update stores clusters, in alignment with store operations.
• Track performance of promotions, markdowns & mark-ups and agree on actions to be taken with related Category Managers in order to improve future activities.
• Support the commercial team with assortment related analytics while defining challenges & opportunities.
• Work closely with the rest of the merchandising units to manage data updates & provide them with needed data & analytics on their respective areas of interest.
• Assist in strategic alliances with the vendors & implementation of joint business plans.
Skills
Education
Bachelors (Quantitative Preferred)
Experience, Skills & Competencies
• CSCP, CPF and/or ACPF is a great asset
• Perfectly bilingual (English & Arabic, Written & Spoken)
• Computer Skills: ability to handle complex data with advanced proficiency in Microsoft Excel & Access. SQL is an asset.
• 5-7 years of Retail experience with at least 3-4 years in Merchandise Planning, S&OP, Replenishment, Inventory Management and/or Category management.
• Cross-functional experience in retail environment, with understanding of end-to-end supply chain processes.
• Deep understanding of Retail Math, Forecasting & Business Analytics.
• Strong analytical, organizational & professional communication skills.
• Creative problem solver, self-starter & proactive personality in cross-functional teams.
• Decision maker & detail oriented with strategic business acumen.
• Ability to realize the full picture, transform data into information & quantify business-related ideas.