Replenishment Coordinator at THE ICONIC

Planning, Sydney CBD Hub sydney
Description
Posted a month ago

At THE ICONIC, we issue the call to live your way, to liberate yourself from meaningless constraints. It’s time to reach for a better tomorrow, to spend less time searching and more time finding. We are inclusive and inspiring and – as your go-to destination for fashion, sport, beauty and more – we exist to liberate our customers through choice.

Our Planning team is an eclectic mix of strategic problem-solvers and creative analytical thinkers who love products. Our Planners analyse and forecast financial and product trends, review the performance of our products, and make sure that sufficient stock is available. They also work with brands and suppliers to negotiate price structures, delivery dates, specific merchandise requirements and contracts so that we continue to meet our goals. They are key in rolling out company-wide projects and have a keen eye for process improvement and streamlining – they are dedicated to efficiency and love the numbers. 

What’s involved…

  • Responsible for administrating just in time supply and coordinating a never out of stock result for a portfolio of brands. It requires the ability to forecast long term and short term demand and working with demand forecasting tools to define quantification of repeat orders.
  • Administers the core stock replenishment programs within the parameters of the company’s target inventory productivity metrics to drive NMV and profitability.
  • Maintains core lines at a 95% in stock managing a never out of stock situation 
  • Analyses sales trends to ensure that allocation of receipts results in maximum sales.
  • Can predict upcoming sales trends by style using R.O.S information and historical selling curves to manage future replenishment
  • Reviews weekly sell through to develop weekly flow of merchandise from the Vendor to the Fulfilment centre
  • Can analyse weeks of supply and apply them to the ordering of merchandise and influencing the vendor and planner on OTB decisions.
  • Develops and maintains an open line of communication with vendors and the planning team to meet inventory needs.
  • Reports on  weekly actuals for major programs and key items to determine sales goals, to ensure adequate stock to meet future sales budgets and customer demand.
  • Maintains healthy weeks of supply during the full price life cycle of the merchandise and monitors these elements to project future stock needs or to recommend clearance strategies.
  • Performs pre-season, in season and postseason analysis to identify future opportunities to maximize sales and margin for stores.

About you… 

  • An analytical and curious mind
  • High levels of accuracy and attention to detail
  • Strong communicator and  a great ability to build relationships across departments
  • Excellent Excel skills or the ability to learn and upskill quickly within Office tools
  • Passion and interest for retail will be highly regarded.

Life at THE ICONIC...

Our culture of learning is an environment that supports and encourages the collective discovery, sharing and application of knowledge. This helps us to continually improve, achieve goals and attain new possibilities every day. From our ways of working and collaboration to our growth mindset and sustainable approach, we each add unique value and have an incredible amount of fun doing it! To read more about our purpose, mission and principles, please visit our Careers page: https://www.theiconic.com.au/playbook/careers

Additional Information: 

We are committed to providing reasonable arrangements to all individuals participating in our application and interview process, and while performing job functions. If you require any accommodations or adjustments prior to the submission of your application or throughout your interview process, please contact our Talent Acquisition team directly: [email protected]

Health and Wellbeing is extremely important to THE ICONIC, so interviewing for this role will be conducted virtually due to COVID-19. Where possible and in line with government Covid-19 restrictions, we are transitioning to in-office onboarding for all new starters on day one. Similarly, our team members are operating in a hybrid working model with days spent between their home and our hubs each  week.