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Overview:
Summary of the position:
With the customer at the center of our vision and with the newly implemented "Customer Connected" strategic framework, the Assortment Planner plays an important role in facilitating the creation a deeper, more relevant connection to our customers.
The planner will have a key role in developing the 'Collections' and 'Convenience' component of the "Customer Connected strategic framework" by building a customer specific assortment plan in line with the merchandise strategies and ensuring the constant flow of fresh product to all channels of distribution.
One of the key Assortment Planner responsibilities is to establish effective working relationships with the buyer and vendors to strengthen business and support company strategies.
Past and predicted vendor & product performance will help the Assortment Planner determine departmental product strategy for the coming seasons.
Assortment Management - The Assortment Planner's main function is to unite the buyer's merchandise vision with the divisional financial strategies supplied by the Financial Planner to generate sales, profit, and liquidation levels. The AP is accountable for the development, coordination, and review of planning and inventory management from total company level down to store level, with the objective of improving turnover and gross margin.
The Assortment Planner is also responsible for driving customer experience in store and increasing NPS, while maximizing sales, margin, and liquidation.
The AP co-creates store assortments 6-12 months out that tie into the space available in store at a Package / SKU level.
Using historical data and Quantum projections, they provide unit forecasts at a SKU level for futures and re-buys.In season the AP reacts to changes in trend and sell through performance by adjusting distribution to capitalize on emerging opportunities and manage SKU count instore within their geographic scope.
Inventory Optimization - By guiding and leading the Replenishment Analysts, the AP's effectively buy and control inventories at a size level for both physical and digital locations, (Brick & Mortar and Online). With the objective to maximize sales, inventory turn and profit; all while keeping the customer front and center as the ultimate focus.
To be successful in this role, you will need commercial awareness, excellent analytical and communication skills.
Responsibilities:
- Partner with Buying to create optimal preseason and inseason assortment plans by location to maximize sales and profit opportunities using available space and financial plans.
- Make recommendations to Buying and Planning on SKU actions. (Promotions, marketing, markdowns, cancellations). Manage life cycle through demand creation initiatives.
- Compile and analyze store level data to identify opportunities from a SKU count and depth perspective, also utilizing feedback from the local CX&Sales teams.
- Identify country specific trends through statistical analysis, and periodic product review from Field Team.
- Track and optimize sizing through sizing analysis at a Country / Brand ID level.
- Periodically review and optimize the key parameters that drive accurate Forecasts by size for the buy process as well as initial allocation and replenishment of SKU's.
- Train, motivate and develop your team to ensure effective performance and growth through consistent onthejob training.
- Have an indepth knowledge of internal assortment process and tools.
- Be a master in the Quantum modules and system.
- Support test and learn environment by making initiatives manageable and recognizing scalability fast
- Ensure the monthly sku count flow fits within space capacity
- Review product distribution plans prior to intake, adapting to trend shifts and new opportunities.
Qualifications:
- University or College degree in Business Administration, Economics, Supply Chain or equivalent education and experience.
- Identify and understand the various business needs and propose solutions/strategic changes
- Be aware of and introduce innovative approaches/best practices to the business
- Understand all areas of the business and their requirements and challenges
- Review current processes to identify potential improvements and implement them together with the responsible area
- Minimum 3 years' experience in a trend driven, high volume company
- Strong analytical and critical thinking skills
- Problem solving and decisionmaking abilities
- Advanced Excel skills are a must, experience using planning tools (Marketmax, Arthur, SAP etc) is preferable
- Understanding of the European consumer and regional differences
- Business mathematical skills required
- Ability to work under pressure and with own initiative
- Sound business/commercial awareness, high concern for effectiveness, entrepreneurial
- Enthusiastic, goaloriented team player with a desire to join the biggest in the business
- Superior com
