Find out everything you need to know about becoming a Merchandise Planner.
Job Title – Merchandise Planner
Description
A Merchandise Planner plans and forecasts for future merchandise buys based on historical buys, reoccurring buys and current inventory levels.
Typical Job Activities
Responsible for reviewing stock to sales ratios, responding to changing
sales trends, and ensuring plan sales, plan mark-ups, and plan markdowns are
achieved by departments
Familiar with standard concepts, practices, and procedures within a particular
field
Posts seasonal analysis, strategic planning, range and assortment planning
Budgets and forecasts in order to achieve all KVIs plan and maximize
profitability in Replenishment type product as well as Fashion
Stock controls and distributions whereby you ensure that the product
assortments, volumes and store & product attributes are maximized
Liaises effectively with stores, suppliers, customers, shipping and marketing
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Related Occupations
Dealer
Marketing
manager
Market
researcher
Personnel
manager
Purchasing
manager
Salesperson
Educational Requirements
Senior Certificate with matric
exemption for a degree course in related fields
Senior Certificate for a diploma
course in related fields
Compulsory subjects:
Mathematics
Recommended subjects: Economics, Business Economics and Accounting
Required Skills
Planning: 3 to 4 years
Merchandise Planner: 3 to 4 years
Retail Planning: 3 to 4 years
Clothing and Apparel: 3 to 4 years
Product Planner: 3 to 4 years
What natural skills and/or aptitudes do I need for this occupation?
Be alert, with
the ability to recognise and make use of favourable conditions
Be able to negotiate in a tactful, though decisive manner
Not be overly compliant or easily confused
Have an interest in merchandising
Have leadership ability
Present an attractive, well-groomed appearance
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Employment Opportunities
Moderate
Market Competitiveness
High
Income Potential
Moderate
Self-Employment Opportunities
Moderate
International Employment Opportunities
Moderate
Possible Employers
Department stores
Retail firms
Own retail business
Browse companies hiring now.
Relevant Contact Details
Chartered Institute of Purchasing and Supply
https://www.purcosa.co.za/
Career Progress and Path
Experience in specific field
Work performance
Possible Career Paths
Specialist career in the specific field
Employment Stability
Moderately stable
Reasons to consider this career
The need is determined by the consumer
The need is determined by private companies
I am very interested in a specific subject or field
I can start a business in this field or with