Al Futtaim Jobs - Senior Planner | Fashion | Dubai , UAE (Dubai, AE)
Job Requisition ID: 92226
No two days are the same at Al-Futtaim, no matter what role you have. Our work is driven by the desire to make a difference and to have a meaningful impact with the goal of enriching everyday lives. Take our engaging and supportive work environment and couple it with a company culture that recognises and rewards quality performance, and what do you get? The chance to push the limits every single day.
As a humble family business that started on the banks of the Dubai Creek in the 1930s, Al-Futtaim has expanded to a presence in 31 countries, a portfolio of over 200 companies, and 42,000 employees. You’ll find us in industries ranging from automotive and retail, to finance and real estate, and connecting people with international names like Lexus, Ikea, Robinsons, and Adidas. Our team is proudly multicultural and multinational because that kind of diverse representation gives us the global mindset to grow and impact the people, markets, and trends around us.
Come join us to live well, work better, and be the best.
ROLE PURPOSE:
Manages OTB, stock, sales and margin at detailed level to maximise sales and minimise inventory levels
KEY ROLE SPECIFIC ACCOUNTABILITIES:
Financials
• 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 and is regularly 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
• Understand gaps in the existing inventory control process & take corrective action to address these gaps in a timely manor
• Assist with the development and enforcement of robust inventory/ stock policies, procedures (SOPs) and ensure that the replenishment system in SAP is operating efficiently.
Minimum Experience,Qualifications and Knowledge:
College or University level graduate.
8+ Retail and fashion experience is preferred
Job-Specific Skills:
Strategic planning and analytical skills, All Microsoft Office Programs and knowledge of retail systems
We’re here to provide excellent service but a little help from you can ensure a five-star candidate experience from start to finish.
Before you click “apply”: Please read the job description carefully to ensure you can confidently demonstrate why this opportunity is right for you and take the time to put together a well-crafted and personalised CV to further boost your visibility. Our global Talent Acquisition team members are all assigned to specific businesses to ensure that we make the best matches between talent and opportunities. We not only consider the requisite compatibility of skills and behaviours, but also how candidates align with our Values of Respect, Integrity, Collaboration, and Excellence.
As part of our candidate experience promise, we also want to make ourselves available to you throughout the application process. We make every effort to review and respond to every application.
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