Merchandise Planner
Key Skills for This Role
Full Job Posting
Merchandise and sales planning
- Develop seasonal, monthly, and weekly merchandise plans aligned with Nysaa's sales and commercial objectives.
- Forecast sales, stock, intake, and inventory by category, brand, store, and channel.
- Analyze historical sales, market trends, seasonality, and promotions.
- Track performance against budgets, forecasts, and targets; recommend corrective actions.
- Support assortment and range plans based on customer demand and commercial performance.
Inventory and stock management
- Maintain effective inventory levels and stock availability across stores.
- Monitor stock cover, sell-through, stock turn, ageing, and availability.
- Identify overstock, understock, slow-moving, and non-performing products and recommend actions.
- Coordinate replenishment and allocation with Supply Chain and Operations.
- Maintain store-level allocation and replenishment plans.
- Prepare initial stock and assortment requirements for new store openings.
Open-to-Buy and financial planning
- Manage and monitor the Open-to-Buy plan with Merchandising and Finance.
- Track planned versus actual sales, purchases, stock levels, and inventory commitments.
- Recommend future purchases using sales performance and available inventory budget.
- Support markdown and clearance planning to optimize inventory and reduce aged stock.
Reporting and analysis
- Prepare regular trading and merchandise performance reports.
- Analyze sales and sales growth, sell-through, stock turn, stock cover, gross margin, average selling price, inventory ageing, availability, and markdown performance.
- Identify business risks and opportunities and provide actionable recommendations to management.
- Maintain accurate merchandise planning and reporting data.
Cross-functional collaboration
- Work with Buyers to translate category and brand strategies into commercially viable plans.
- Coordinate with Retail Operations, Marketing, Supply Chain, and Finance on store needs, promotions, stock availability, replenishment, budgets, and financial targets.
Qualifications and experience
- Bachelor's degree in Business, Finance, Retail Management, Supply Chain, Merchandising, or a related field.
- 3–5 years of experience in merchandise planning, retail planning, commercial planning, or a similar role.
- Beauty, cosmetics, fashion, or specialty retail experience is preferred.
- Experience with multiple brands, categories, and retail locations is an advantage.
Technical skills and competencies
- Strong experience in sales forecasting, inventory planning, replenishment, and commercial analysis.
- Advanced Microsoft Excel, including Pivot Tables, XLOOKUP/VLOOKUP, SUMIFS, and data analysis.
- Strong understanding of retail planning and merchandise KPIs.
- Experience with ERP, merchandising, BI, or planning systems.
- Strong analytical and numerical skills; able to interpret large datasets and turn insights into commercial actions.
- Competencies include analytical thinking, commercial acumen, planning, organization, attention to detail, problem-solving, stakeholder management, communication, collaboration, and meeting deadlines.
Key performance indicators
Measures include sales achievement versus budget, forecast accuracy, inventory turnover, sell-through, stock availability and cover, gross margin, aged-stock reduction, OTB accuracy and control, and replenishment effectiveness.
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