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Merchandising Planner

Loro PianaSouth Korea

30+일 이전

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Position

As part of merchandising team, you will take a responsibility of merchandising forecasting and planning activities to successfully grow our business.

To optimize target goal of sales, profit and product rotation, this position oversees defining and driving the category plans with maximizing inventory control.

Forecast OTB plan through developing each seasonal buying budget and monitor sales performance by each category with weekly / monthly / yearly basis.

Forecasting and planning

Analyzing sales data, forecasting demand, managing inventory levels, and collaborating with other departments with buying, marketing, and sales to optimize product availability and sales performance.
Analyzing historical sales data and market trends to predict future demand for specific products.
Ensure the most profitable decisions are taken on defined assortments, by maximizing owned inventory, and defining a controlled sales flow, with careful attention to margin, stock rotation.
Lead all planning processes including preparing seasonal OTB plans, financial sales, merchandise margin and inventory, consistent with the company's goals, to be used in development of the merchandise strategies for the season and to support assortment development and buying needs.
Developing plans for different seasons, considering the unique aspects of the luxury market and the specific characteristics of Loro Piana products.
Provide accurate forecasting on key financial metrics and effectively communicate any risks based on sales trends, marketing, and product performance.
Using data and analytics tools to gain insights into customer behavior, product performance, and market trends.

Inventory

Ensuring that there is an appropriate level of stock for each product, considering lead times, production cycles, and seasonality.

Planning and analysis on seasonal product delivery performance and stock allocation with regular inventory reports.

Monitor sell-through performance and derive strategies and actions to meet market needs, provide rational and insights on sales trend and customer preference.

Oversee merchandising allocator with regards to product performance including accountability for allocation and ordering process, item planning and delivery performance.

Plan and implement stock control management, set effective strategies to ensure optimal cross channel stock control. Ensure stock re-allocation and consolidation between channels / stores as required.

Support in the modification and development of the company’s inventory management system.

Pricing

Working closely with the buying team and HQ pricing team, coordinate on retail price at SKU level for each collection with optimized regional pricing strategies.

Make any subsequent / ad hoc price adjustments due to updates from competitors, special promotion and events or changes in corporate strategy.

Others

Responsible for a timely and accurate manner of sales reports (weekly, monthly, yearly and seasonal) with merchandise analysis.

Collaborating with various departments, such as sales and marketing, to ensure a cohesive strategy that aligns with the brand's image and goals.

Handle issues and continuously improve the internal and external processes and procedures.

Handle ad-hoc assignments as required.

Profile

At least over 8 years of merchandising experience and mindset.

Proficient in analytical review, sensitive to numbers, extensive work experience in retail companies

Strong background of financial forecasting insights.

Excellent communication, interpersonal skills with business partners by excellent English and Korean skill (both verbal, written).

Passion for product and fashion trends.

Be punctual on working aspects and be efficient in working flow.

Pro-active, optimistic, enthusiastic attitude.

Outgoing, lively willing-to-learn attitude.