Product Planner - Johannesburg, South Africa - Barron

Barron

Verified Company

Johannesburg, South Africa

3 weeks ago

Posted by:

Thabo Mthembu

beBee Recruiter

Description

JOB PURPOSE

The purpose of the Planner is to forecast product needs based on sales histories and develop a product line plan that assures the profitability of a product category.

JOB OBJECTIVES

Forecasting and budget management

Accountable for planned revenue, forecast as well as achieving set budget by reviewing product lines and product line productivity, ensuring that there are enough items per product line to meet targets, suggesting items for last buy, identifying redundant stock as well as products for promotion.
Responsible for Managing New Product budget, by making sure that new product presented by Buyer does not exceed budget.
Monitor and show responsibility on achieving key performance indicators (KPIs) (i.e., sales plan, gross profit, cost reductions, stock turns, and closing stock). Assess and highlight areas of positive performance and identify areas where improvement is required, and implement appropriate action for their area of control

Management of product line per category

Responsible for managing the current stock on record and product life cycle by conducting research, analyzing consumer trends, looking for opportunities within Barron competitors as well as working with the Buyer to develop features in existing products to suit specific target markets.

Stock Management according to sales

Plan stock level requirements according to forecast and budgeted stock turns
Manage clearance at appropriate times
Assess performance weekly of SKU's and manage stock levels up and down in order to meet required sales
Analyse and evaluate Key Performance Indicators (i.e., sales plans, cost reductions, forward covers, Chain Sales to Stock Ratio (CSS) and stockturn). Consider trends, supplier efficiency and lead times when under their area of control reviewing recommendations

JOB REQUIREMENTS

Qualification

NQF 7: Degree in Finance/ Economics / Supply Chain Management

Knowledge
Financial Modelling

Forecasting and Product management

Product Cycle Management

Data management

Financial Acumen

Merchandise Cycle

Managing Budgets

Range Construction

Experience
Demand Planner 3-5 Years

Wholesale or retail experience 3-5 years

Experience with financial forecasting of a product range 2-3 years

Skills
Excel - advanced

Powerpoint

Financial Analysis

Attention to detail

Communication

Microsoft D365

JustEnough

Research skills

Verbal comprehension

Numerical Comprehension

Analytical Reasoning

Competencies
Analysis and Judgement

Initiative and Responsibility

Organisational Awareness

Systematic Approach

Results and Goal orientation

Additional
Flexibility regarding working hours

South African citizen

Reports to
Planning Manager

Key Relationships

Internal:
Buyers

Supply Planning

Warehouse

External:
None