Associate Merchandise Planner – Category Planning

2 Months ago • 2 Years + • Logistics

Job Summary

Job Description

The Associate Merchandise Planner will assist the Merchandise Planning Manager in executing the SKU plan, sales, margin, and inventory plan for assigned product categories. Responsibilities include monitoring OTB, sales, and margin plans; performing business analysis of category sales and margin performance; managing inventory and executing liquidation plans; collaborating with product developers to align financial objectives with product opportunities; partnering with product development to identify new opportunities and risks; ordering and following up on shipments with vendors; collaborating with the logistics team; negotiating product costs and MOQs with vendors; and providing clerical support to the team. The role requires strong retail math skills, knowledge of merchandise systems, data mining, and replenishment systems.
Must have:
  • Bachelor's Degree in relevant field
  • 2+ years experience in product launch & inventory management
  • Strong retail math & statistical analysis skills
  • Knowledge of merchandise systems & data mining
  • Fluent in English and Chinese
Good to have:
  • Power BI knowledge

Job Details

Job Summary:

Associate Merchandise Planner will assist Merchandise Planning Manager to execute the defined SKU (stock keeping unit) plan, sales, margin and inventory plan of the assigned product category that support the company’s sales and profit objectives.

Job responsibilities

  • Assist managers on executing and monitoring the OTB (open-to-buy), sales and margin plan of the assigned division

  • Performs business analysis detailing category sales and margin performance

  • Inventory management and initiate and execute liquidation plan

  • Collaborate with product developers to ensure that financial objectives align with product opportunities. Partner with PD, utilizing historical data and current trends, to capitalize on new opportunities and identify risks

  • Responsible for ordering and shipments follow up with vendors and partner with logistics team on corresponding logistics flow for the assigned categories. Negotiate product cost and MOQ (min order quantity) with vendor for reorders

  • Provide clerical support to the team

Job requirements

  • Bachelor Degree in Business Administration, Supply Chain Management or relevant disciplines

  • 2 years of experience on product launch plan and inventory management

  • Strong command of retail math concepts, applications and statistical analysis – OTB, inventory management concept

  • Working knowledge of merchandise system, data mining, replenishment system and spreadsheet

  • Knowledge in Power BI will be an advantage

  • Fluent spoken and written in English and Chinese

HKProfessional #LI-CL1

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