Hong Kong, China
Associate Manager, Planning, Food & Gifts (Private Label)
Job Description
We are seeking for an Associate Planning Manager to join our well-established Merchandising team. The role will be report and work closely with Planning Manager to quantify the Merchandise Strategy for the area of responsibility, develop seasonal and brand/class location sales plan, order and allocate products to maximize inventory productivity and gross margin.
Merchandise and Inventory Management
- Work closely with Planning Manager, Merchandise Manager, Product Sales Manager and Distributor partners to manage financial plans
- Ensure accurate and timely completion of monthly department Open-to-Buy (OTB)
- Buy merchandise for the divisions based on model stock and sales trends
- Identify slow and best sellers; respond to merchandise performance to maximize sales and minimize risks
- Determine markdown strategy and ensure communication/execution with divisions
- Develop seasonal plans; Create Brand/Class level sales plans
Private Label Management
- Forecast sales demand and prepare inventory at division and location level
- Coordinate forecast across divisions and communicate with Vendors for raw material preparation
- Formulate raw material print run schedule to attain defined requirements on cost control
- Track and analysis performance of new launches and impact on existing product lines; Review and adjust investment for optimized profitability continuously
- Provide ongoing feedback and information to team members on sales results, competitive practices, vendor issues, and other specific information pertaining Private Label which could impact business performance
People Development
- Encourage and support the development of talents
- Offer honest and constructive feedback to direct reports and business partners to foster people development
- Focus on self-development to prepare for promotion to Planning Manager
Key Requirements
- Bachelor’s Degree or above
- Minimum 5 years of experience working experience, with minimum 2 years of experience in financial and analytical merchandising
- Knowledge of the packaged food industry and gifts (RTW, Travel, Bath & Body, Wellness, Kids etc.) will be a plus
- Previous background from travel retail, international business, FMCG, managing private label will be beneficial
- Experienced in coaching and leading a team
- Strong organization, time management, communication and negotiation skills
- Able to multitask and work independently
- Proficient in Excel and other merchandise-related systems
- Proficient in both spoken and written English
- Travel occasionally when required