Work with the Finance team and Person-In-Charge of the sales channels to develop sales forecasts.
Stock level planning to achieve annual and monthly sales forecast.
Work with the Finance and Production team to create an OTB plan & projection.
Mapping of sales/OTB calendar against design/ product calendar (moving forward, recommend for design/ product calendar to be created based on sales/ OTB calendar.
Monitor and track actual sales vs forecasted sales.
Analyzing product performance and set cadences for product performance.
Create inbound tracker and tracking of inbound vs planned.
Create tacker and tracking of overstock/understock.
Assortment planning
Create assortment and range planning (internal and external) tool.
Set replenishment metrics and create tracking tool.
Work with the Design and Production team to conduct market research, competitor analysis, and review past lessons in order to give insights for range planning.
Suggest pricing for all categories which is competitive and meets margin target and create template for price brand recommendation.
Sales performance review
Conduct periodic sales performance review with relevant departments.
Create retrospective of lessons learnt (Best/Worst performing) and ensure it is communicated and aligned with relevant departments.
Analyzing sales performance and set cadences for sales performance.
Plans for launches
Plan for seasonal and newness launches.
Suggest timing that will help to drive a satisfactory sell-through rate.
Markdown planning
Analyse sell-through rate and competitors markdown strategy to come up with mechanics for sales and promotions.
Work with the Marketing and Sales team to ensure all relevant parties are informed and aligned.
Measure effectiveness of markdown and compile lessons for future reference.
Flag products of markdowns and set markdown metrics (permanent and temporary).