Roles and Responsibilities:
1. Strategic Sales Planning & Forecasting
- Develop comprehensive seasonal and annual sales plans that align with company objectives, brand strategies.
- Forecast sales and inventory requirements by department, store, and month to ensure optimal stock availability without overstocking.
- Continuously review and revise forecasts during in-season trading based on sell-through performance, market conditions, and promotional activities.
- Collaborate with the buying team to ensure assortment depth and breadth are aligned with forecasted demand and category performance.
- Provide detailed analysis of planned versus actual performance and recommend corrective actions to maximize profitability.
2. Merchandise & Inventory Management
- Identify fast-moving and slow-moving merchandise through regular performance analysis to guide replenishment and markdown strategies.
- Manage the product lifecycle from new launch to end-of-season clearance, ensuring appropriate pricing, promotions, and transfers.
- Take proactive measures against low-selling items (e.g. Discounts, or store transfers).
- Oversee stock movement across multiple locations (stores, warehouses, and regional hubs — including UAE and other GCC markets).
- Plan and manage SKU allocation by store and channel, ensuring right stock in the right place at the right time.
- Track stock in stores, stock in transit, and stock in warehouse, ensuring full visibility across the supply chain.
- Maintain balanced stock cover levels to support sales objectives while minimizing obsolescence and markdown losses.
- Develop merchandise plans down to store-by-store, month-by-month, and category-by-category levels, outlining sales, stock.
- Define optimal SKU breakdowns by classification, incorporating insights from historical sales data, color/size analysis, and market demand.
- Recommend appropriate product mix per store based on trading area, customer demographics, and sales history.
3. Data Analytics & Market Insights
- Conduct deep-dive analyses of historical sales data, identifying sales patterns, top-performing SKUs, and key profit drivers.
- Use data-driven insights to forecast SKU-level demand, rationalize assortments, and determine effective color and size ratios.
- Identify current fashion trends, consumer preferences, and regional differences to guide buying and replenishment decisions.
- Analyze market to anticipate shifts in consumer demand and react quickly to emerging opportunities.
- Present analytical reports to management, summarizing key findings, trend insights, and recommendations for improvement.
4. Performance Optimization & Business Growth
- Continuously evaluate trading performance to identify sales growth opportunities and underperforming areas.
- Recommend and execute reallocation strategies to maintain healthy sell-through rates.
- Determine key trading factors (e.g., seasonality & product lifecycle) for each brand and category.
- Implement post-season analysis to measure plan accuracy, identify gaps, and apply learnings for future planning cycles.
5. Reporting & Communication
- Produce regular reports on sales performance, stock levels, and product movement across regions and channels.
- Support senior management in seasonal reviews, and strategic decision-making.
Desired Candidate Profile:
- Minimum 3 to 5 years of Experience in Retail Fashion Industry
Core Competencies
- Strong analytical and numerical ability with advanced Excel/Merchandise Planning System skills.
- Excellent understanding of retail KPIs: sell-through %, stock cover and OTB (Open-to-Buy).
- Strategic thinker with a commercial mindset and strong fashion/fabric/product awareness.
- Effective cross-functional collaborator with strong communication and presentation skills.
- Ability to work under pressure in a fast-paced, multi-brand retail environment.
Key Deliverables
- Accurate sales and inventory forecasts by store, category, and month.
- Action plans for slow-moving and overstocked items.
- Detailed merchandise plans and assortment matrices per store and season.
- Market and trend analysis reports with actionable recommendations.
- Improved sell-through and optimized stock turn across all categories.
Education Qualification· B.Tech/M.tech/BE – Textile Technology· B.FT/M.FT/MFM – NIFT· Bachelors – Pearl Academy/Army institute of Fashion/FDDI
Job Type: Full-time
Pay: AED5,000.00 - AED7,000.00 per month