Merchandise & Inventory Planning Senior Specialist (2023771)

Achieve the inventory target optimization , improve the inventory quality of Nahdi stores and maintain store readinessin in addition to improving the DC (distribution center) efficiency for the all divisions through the collaboration with the concerned stakeholders also contribute in developing and Implementing strategies designed to maximize the return on investment through increase sales and profit margin while developing, implementing and monitoring annual financial (sales, profit and inventory) plans
Description for Internal Candidates
Accountabilities

• Monitoring commercial divisions performance to ensure delivering corporate financial targets (sales, profit, and inventory targets) through:
o Developing the data set and updating full set of dashboards ,
o Establishments and restock shelves with products ( around 8 K SKUs ) based upon customer demand.
o Bring attention in new products for customers’ anticipated needs and serve as liaisons between customers and marketing and buying departments
• Liaise Gross Margin GM% enhancement opportunities using scientific and mathematical approaches, align and validate with Merchandise category managers in the profit plans.
• Mitigate risks related to profit loss due changes in the marketplace, external and governmental changes and give the business alternatives to compensate.
• Maintain and update plans (sales, profit, inventory) by constantly monitoring sales performance, market trends and other relevant economic factors (e.g. challenges in the region etc.) to ensure all financial targets are being achieved
• Responsible for OTB weekly cycles in order to manage and optimize the inventory in stores & DCs
• Approve the reviewed sales forecast based on the comparison of the reviewed sales forecast with the system sales forecast and the sales targets to ensure presentable forecasted demand which affect the shelf availability and the buying decisions.
• Review and approve the inbound and outbound parameters based on the business approved inventory targets, store readiness status and warehouse capacity in order to maintain the inventory value, store sales and store readiness
• Generate periodic reports from the system (recommended transfers, liquidate items, over stock items, long term out stock items…etc) in regards to the store replenishment in order to be communicated to the concerned stakeholders.
• Optimize commercial Key Performance Indicators (KPIs) by balancing sales, inventory and profit through impact analysis and quantification to ensure all Key Performance Indicators (KPIs) are achieved
• Develop “what if” scenarios to support business decision making process by collecting data, analyzing and concluding in order to provide recommendations and insight

Employee duties are not limited only to the above-mentioned Accountabilities; he/she may perform other duties as assigned.

Work Environment
• Indoors : 90%
• Outdoors : 10%
• Working Days : 5 Working Days
• Days off : 2 Days Off
• Working Hours : 8:00 AM – 5:30 PM

Job Requirements

Education

• BSc Degree Business, IT or Finance

Experience
• 3 Years of Related Experience

Computer Skills
• Advanced MS Office Suite User
• Familiar Database Management User

Languages
• English
• Arabic