Merchandise Planning Specialist

3 weeks ago


Walsall, Walsall, United Kingdom Poundland Full time
What We Offer
  • Competitive salary
  • Potential for performance bonuses
  • Company vehicle or vehicle allowance
  • Comprehensive private medical insurance
  • Complimentary on-site parking
  • On-site coffee lounge
  • Employee Discount Card – 10% off most in-store purchases
  • Family-friendly benefits
  • Loyalty awards for long service
  • Exclusive employee discount portal
  • Opportunities for apprenticeships and career growth
  • Life insurance coverage
  • Health and wellness support through an employee assistance program
  • Generous holiday allowance of 33 days, with the option to purchase additional leave
  • Extra day off for your birthday
  • Pension plan
About the Role

Are you a strategic planner with a keen interest in optimizing sales and profitability?

Poundland is looking for an enthusiastic Merchandise Planning Specialist to enhance our operations.

In this position, you will play a vital role in strategizing, managing, and overseeing the procurement, intake, and distribution of products across our retail locations. You will collaborate closely with our Buying team to ensure that our merchandise is available at the right time and place, driving sales and customer satisfaction across various seasons and regions.

At Poundland, we are dedicated to our employees, customers, and the value we provide. When you become part of our organization, you align with our core values:

Support Our Employees: We prioritize your professional development, providing opportunities for advancement and a fulfilling career.

Prioritize Our Customers: Our customers are at the heart of everything we do. Your contributions will enhance their shopping experience.

Value Our Currency: We are committed to delivering exceptional value, and you will be essential in maintaining our competitive advantage.

This position allows for hybrid work arrangements, requiring three days in the office each week.

Your Responsibilities

As a Merchandise Planning Specialist at Poundland, your contributions will be crucial in ensuring optimal product placement and availability. Your primary responsibilities will include:

  • Meeting KPIs: You will be accountable for achieving sales, margin, and inventory targets within your designated departments, ensuring alignment with our merchandise strategy.
  • Managing Open to Buy (OTB): You will oversee OTB management, balancing stock levels with sales demand to maintain optimal inventory.
  • Forecasting with WSSI: Regularly update and forecast the Weekly Stock and Sales Inventory (WSSI) tool to reflect accurate trading positions and support strategic decisions.
  • Range Planning and Availability: Develop and manage product range plans, ensuring stock levels meet store and customer needs while coordinating with Supply Chain for product flow.
  • Analysis and Reporting: Conduct thorough analysis of historical and current season performance, providing actionable insights to enhance sales and stock efficiency.
  • Strategic Contributions: Participate in the development of strategic plans, ensuring merchandise strategies align with broader business objectives.
Qualifications

To excel in this role, you should possess the following:

  • Commercial Insight: Strong skills in commercial planning with a focus on maximizing sales and profitability.
  • Analytical Decision-Making: Proven ability to make informed decisions based on data analysis and business requirements.
  • Effective Communication: Excellent verbal and written communication skills, capable of influencing stakeholders at all levels.
  • Proactive Approach: A results-oriented mindset with a commitment to achieving targets.
  • Technical Proficiency: Advanced Excel skills and a solid understanding of WSSI and OTB, with the ability to analyze large datasets and utilize range planning tools.
  • Relevant Experience: A minimum of 2-3 years in merchandising, including allocation and replenishment.
About Poundland

Since our inception in 1990, Poundland has transformed into a leading retail entity with over 900 stores and nearly 18,500 dedicated employees across the UK and Republic of Ireland. The acquisition of Dealz in 2011 further strengthened our market presence, allowing us to serve millions of customers with exceptional value.

At Poundland & Dealz, we do more than offer unbeatable prices; we foster an environment where every employee can thrive and contribute to our mission of delivering outstanding value to millions. Our commitment to excellence, inclusivity, and sustainability underpins our culture, empowering our team members to reach their full potential while making a positive impact in the communities we serve.

Our success is driven by the dedication, commitment, and passion of our exceptional colleagues.

We focus on three core behaviors that guide our operations: Love our customers, Care for our colleagues, and Protect our Pounds & Euros. By embodying these values daily, we have cultivated a workplace that is enjoyable, welcoming, and full of opportunities for growth.



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