Associate Planning Manager, Beauty - DFS9112995 in Hong Kong at DFS

Date Posted: 2/1/2021

Job Snapshot

Job Description

The Associate Planning Manager quantifies the Merchandise Strategy for his/her area of responsibility through development of the seasonal plans and the channel sales and profitability plans. This position is responsible for forecasting, ordering and allocating product, and for maximizing the productivity of inventory and gross margin. This position is a training position for the Planning Manager position.

Key Responsibilities:
Financial
• Delivers channel sales, gross margin and turnover performance to plan.
• Works with the Merchandise Manager partner to monitor overall inventory levels to plan and forecast.
• Identifies and evaluates sales and gross margin opportunities.
• Works closely with Planning & Merchandise Managers (PM/MM) and Store Team to develop and manage financial plans. Open-To-Buy
• Ensures accurate and timely completion of channel OTB every month.
• Provides ongoing feedback and information to team members on sales results, competitive practices, and delivery issues, and other specific information which could impact the performance of the business. Inventory Management
• Establishes and maintains intensive key item, key brand/class focus.
• Monitors and forecasts inventory levels at the channel level.
• Establishes and maintains assortment plan pipeline by determining order quantities
• Identifies slow and best sellers in inventory, and respond to maximize sales and minimize risks.
• Determines markdown strategy and ensure communication/execution with division. People Development
• Encourages and supports the development of our talented people. Offers honest and constructive feedback to colleagues and business partners fostering individual and group development.
• Is focused on self-development preparing for promotion to Planning Manager in two years. Division Partner Relations
• Develops and maintains effective working partnership with divisions, while ensuring divisions execute channel strategy appropriately.
• Drives decision-making and problem solving on at the merchandise issues at the division and location level.
• Ensures team results, relationships and processes are aligned with DFS mission and values.
• Ensures efficiency and effectiveness of merchandising work processes. Logistics Interface
• Ensures that product moves efficiently through the supply chain.

Key Requirements:
CORE COMPENTENCIES
• Dealing with Ambiguity
• Business Acumen
• Customer Focus
• Timely Decision Making
• Functional/Technical Skills
• Interpersonal Savvy
• Managerial Courage
• Negotiating
• Planning
• Problem Solving
• Drive for Results EXPERIENCE REQUIREMENTS
• Minimum of 5 year in a buying and/or planning function with financial and analytical merchandising background.
• University Bachelor’s Degree preferred.
• International mobility, for career advancement opportunities, to San Francisco, Hawaii, Hong Kong, Singapore and other major Asia-Pacific cities.
• Luxury market experience preferred.
• International business experience preferred.
• Leadership experience developing, managing and influencing people required.
• Negotiation experience required.