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Senior Planner

Date: 10-May-2022

Location: Dubai, AE

Company: Majid Al Futtaim

Majid Al Futtaim invites you to join us in our quest to create great moments for everyone, everyday! We are the leading shopping mall, residential communities, retail and leisure pioneer across the Middle East, Africa and Asia, serving over 560 million visitors a year. For the past two decades, we have shaped the consumer landscape across the region, transforming the way people shop, live and play, while maintaining a strong sustainability track record and the largest mall in the world to attain LEED Gold EBOM Certification. We have over 40,000 team members in 15 international markets representing over 100 nationalities – all keeping the customer at the heart of everything we do. If you enjoy being BOLD, PASSIONATE and TOGETHER, then Majid Al Futtaim is the destination for you.

Role Purpose:
The Senior Planner supports the Planning Manager to effectively analyze multi-dimensional plans including sales trends, gross margin, inventory and OTB levels, partnering with the Buying and Store teams to maximize retail profits through effective planning and trading of ranges throughout the region covered. The role controls delivery, allocation and replenishment activities in line with agreed range and allocation plans to identify and action opportunities for optimizing sales,stock holding and profit.

     
Responsibilities will include, but will not be limited to the following:
Operations Financial & Standards Customer
• Accountable for the right products / stock to be
available in the right quantities at the right place
at the right time.
• Responsible for monitoring line and product
category performance ensuring stock is kept at
optimum levels by:
 - Store transfers
 - Replenishment
 - Sell thru by product category
 - Sale and mark down management
• Regularly review plans ensuring pre-season
changes in product or shop performance or space
are incorporated (commercial plan, store/
country reforecast).
• Plan collection’s clearance and end of season
markdown for achievement of sell through to be
in line with the margin expectations of the
business.
• Create hindsight reports highlight
performance against plan by producing a
weekly sales, stock and intake summary
(WSSI), future in-season sales, mark downs,
intake and stock and communicate any risks
to profit or stock targets to Senior
Management where necessary.
• Analyze impact on margins and top line sales
growth expectations due to promotions.
• Review and monitor logistics costs per
country and flag any adverse impacts on
margins.
• Monitor Warehouse service levels and work
with Logistics to track shipments and timely
delivery of stock transfers.
• Track and understand customer
profiles, trends and preferences to
make sound product/stock decisions
meeting customer expectations.
• Develop and maintain strong inter
and intra departmental relationships
for open and effective sharing of
information and follow up actions.
• Manage overall markdown for the department
and plan promotions like Gift with purchase,
Multi-Buy Offers, re-pricing of product lines.
KPIs
• Budgeted net margin
• Sell thru & Stock cover
• OTB management
• Stock allocation and transfer management based on customer need
• Stock fulfilment
Functional / Technical Competencies
• Data driven
• Commercial awareness
• Analytical skills
• System savvy with knowledge of Planning tools and applications
• Retail trends and market awareness
Behavioural Competencies
• Leads the Way – Is able to prioritize work based on urgency and impact. Is able to communicate objectives in a clear manner. Reaches out to colleagues
for support as and when needed to ensure timely delivery of objectives. Takes initiative to create positive energy. Enthusiastic about new challenges.
• Drives Impact – Is able to identify key pieces of information required for delivery of work. Identifies areas of risk within own role. Understands when
things are urgent. Takes ownership and escalates where required in a timely manner.
• Thinks Customer – Actively listens and demonstrates understanding for customer’s stated and unstated expectations, and understands what is needed
to deliver on expectations. Delivers value and quality to the customer. Understands “customer first” mindset.
• Thinks Group – Understands how and where own role / work fits in the overall company. Demonstrates willingness and ability to collaborate. Actively
achieves targets. Communicates well with colleagues. Listens attentively. Does not shy away from collaborating.
• Develops Talent – Suggests ways of improving efficiency. Spends time learning and improving. Regularly seeks feedback. Responds honestly to difficult
questions and gives relevant feedback when required.
• Fosters Innovation – Does not hesitate to share new ideas. Is curious and takes inspiration from best practices. Demonstrates creativity in day to day
work.
Qualifications & Experience
Qualifications / Education
• Graduate degree in a related field preferably Business or Finance
Experience
• 3-5 years in a Planner role
• Solid understanding of Retail Financial measurements including sales, gross margin, inventory turn etc.
• Experience in a Retail environment is mandatory