Manager, Retail Product Planning, Retail
- Seoul, South Korea
- Full time
- Competitive
- 4th January 2025
Full Description
Purpose & Overall Relevance for the Organisation:
Execute effective and accurate products investment to achieve the assigned brand or channel financial target (NS, profitability, ST% and inventory)
- Develop category strategy and execute quarterly/seasonal buying accordingly
- Right product, right time, right place (trend research, market survey, store assortment, size optimization)
- Play a key role to share product information and knowledge within retail teams (buying, in-season management, retail sales and store managers)
Key Responsibilities:
Pre-Season Merchandise Planning
- Manage the Open-To-Buy by category according to buying strategy, financial target, and historical analysis
- Conduct historical analysis and prepare pre-season buying guideline
- Work closely with Brand functions to understand marketing concept (reason to buy) and product knowledge on seasonal or quarterly basis
- Width planning: Collaborate with GTM Planning functions when building assortment plan (in width) by channel, store format as well as store grading, consider SKU plan with option turn analysis
- Depth planning: Lead development of the right assortment by channel or store format and determine appropriate order depth
- Plan and execute Retail forecast as considering demand and inventory
- Follow GTM process and quarterly/seasonal trade meeting for entire Retail channels
- Gather sales trends, market insight or requirements to provide them to retail and brand teams
Process and In-Season merchandising management
- Manage handover process to In-season team for trading (initial dispatch to replenishment)
- Analyse in season performance tracking reports
- Perform analysis to develop mark down strategy and support mark-down & clearance process
- Track repeat or Spot plan on Speed articles (NOOS, PR)
Post-Season Review
- Prepare and conduct analysis and documentation for post-season review
- Perform seasonal deep dive analysis to develop action steps for next season
Key Relationships:
- All Retail functions
- All BU functions
- Demand planning
- Supply Chain (Purchasing / Order Book and Inventory Management & DC)
- MOPS
Knowledge, Skills and Abilities:
- Advanced skills in MS Office
- Fluent in English
- Advanced understanding of Retail Management systems
- Strong analytical skills
- Structured, organised and process orientated
- Attention to detail as error in analysis will have crucial impact to business
- Ability to work effectively within a team environment and under pressure
- Strong sense of Sports & fashion trends
Requisite Education and Experience / Minimum Qualifications:
- University degree and/or commercial training in the area of Finance, Accounting, Economics, Marketing or Sales are preferred.
- Merchandising experience: 5-6 years
- Management Experience preferred
The organisation
Adidas
- Sporting Goods & Apparel
- Herzogenaurach, Germany
- 2000+ employees
- Website
Through sport, we have the power to change lives.
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