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Senior Merchandise Financial Planning Manager

City:  Shanghai
Country/Region:  CN
Application Deadline:  30 September 2023

Main Purpose of the role:

 

 

We are looking for a Senior MFP Manager to join Pandora China Merchandising team based in Shanghai. In This Role you will be responsible for overall  merchandise financial planning strategy, category merchandise planning, open to buy, promotion planning, trade action and stock management for Greater China company-owned market (Mainland China, Taiwan, Hong Kong and Macau)

 

Key accountabilities:

 

Merchandise Financial Planning Strategy

  • Partner with Head of Merchandising to develop merchandise planning strategies and 5 year Long Range Plan

  • Develop category sales and inventory plan for Greater China Omni Channels with topline, discount, ASP, WOC, sell in plan and related Sales KPIs / inventory KPIS

  • Create annual promotion plan and align with channels for mechanism offering according to the latest forecast commitment

  • Create newness injection open to buy plan and partner with Assortment Planning team on the range of offering

  • Partner with Finance and Commercial partners on driving business initiatives 

 

Business Management

  • Drive trade action according to the WTD, MTD, QTD, YTD performance

  • Provide business insight to drive proactive trade actions thought Data Analysis and reporting management including overall merchandise performance reports, promotion performance on category and special reports required

  • Provide business insight and visibility with Global Merchandising team through daily operations and regular meeting inclusive GBR and OTB meeting

  • Co-own with Assortment Planning team on competitive analysis, trend forecast and price structure

  • Work with Assortment Planning team to understand on the assortment strength/weakness and identify short term and long term action plans

  • Collaborate with demand planning team on inventory target setting adjustment  according to the business trend 

  • Co-own with Assortment Planning team on product life-cycle management focus on discontinued and slow-moving inventory clean up

  • Align the omni channel price and promotion strategy with the brand directly and create one consumer uniform experience across the Greater China POS

 

Team Management

  • Lead and develop the team to be world-class buying experts and ensure the product strategy is well executed

  • Review with the team on the bottom-up forecast approach with buying assumptions to make sure the business demand is met

 

KPI:

  •  LFL Sales targets to GBU & Categories

  • Discount budget

  • Store Inventory WOC

  • ST% Target 

 

Education Background:

 

Equivalent combination of experience and education accepted. Bachelor Degree in Fashion Merchandising, Business, Marketing, Financial Planning

 

Qualification:

 

  • 8+ years merchandising planning with retail / ecom experience

  • Budgeting, Open to Buy management experience

  • Multi- Channel planning experience is a plus

  • Greater China Business experience is a plu

  • Relentlessly commercial

  • Strong communicator and powerful point of view

  • Team player with strong conviction

  • Analytical whiz

  • Detailed-oriented

  • Fact based decision maker

  • Collaborative and team player

  • Self-Aware 

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Apply now »