26.04.2024
Product Planner
Barron Trading
South Africa, Rustenburg Local Municipality
Other High-Paying Jobs in Rustenburg Local Municipality
These jobs were popular with other job seekersJOB PURPOSEThe purpose of the Planner is to forecast product needs based on sales histories and develop a product line plan that assures the profitability of a product category. Duties & ResponsibilitiesJOB OBJECTIVESForecasting and budget managementAccountable for planned revenue, forecast as well as achieving set budget by reviewing product lines and product line productivity, ensuring that there are enough items per product line to meet targets, suggesting items for last buy, identifying redundant stock as well as products for promotion.Responsible for Managing New Product budget, by making sure that new product presented by Buyer does not exceed budget.Monitor and show responsibility on achieving key performance indicators (KPIs) (i.e., sales plan, gross profit, cost reductions, stock turns, and closing stock). Assess and highlight areas of positive performance and identify areas where improvement is required, and implement appropriate action for their area of controlManagement of product line per categoryResponsible for managing the current stock on record and product life cycle by conducting research, analyzing consumer trends, looking for opportunities within Barron competitors as well as working with the Buyer to develop features in existing products to suit specific target markets.Stock Management according to salesPlan stock level requirements according to forecast and budgeted stock turnsManage clearance at appropriate timesAssess performance weekly of SKU's and manage stock levels up and down in order to meet required salesAnalyse and evaluate Key Performance Indicators (i.e., sales plans, cost reductions, forward covers, Chain Sales to Stock Ratio (CSS) and stockturn). Consider trends, supplier efficiency and lead times when under their area of control reviewing recommendationsDesired Experience & QualificationQualificationNQF 7: Degree in Finance/ Economics / Supply Chain ManagementKnowledgeFinancial ModellingForecasting and Product managementProduct Cycle ManagementData managementFinancial AcumenMerchandise CycleManaging BudgetsRange ConstructionExperienceProduct Planner 3-5 YearsWholesale or retail experience 3-5 yearsExperience with financial forecasting of a product range 2-3 yearsSkillsExcel - advancedPowerpointFinancial AnalysisAttention to detailCommunicationMicrosoft D365JustEnoughResearch skillsVerbal comprehensionNumerical ComprehensionAnalytical ReasoningCompetenciesAnalysis and JudgementInitiative and ResponsibilityOrganisational AwarenessSystematic ApproachResults and Goal orientationThese jobs were popular with other job seekers#J-18808-Ljbffr
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