Product Planner
21 hours ago
NIKO-NIKO Lifestyle Store seeks a dynamic Product Planner to join its merchandising team, driving product assortment, inventory optimization, and demand forecasting to stock stores, airport outlets, and online channels with trending licensed gifts like chiikawa collectibles and Disney-inspired accessories. By leveraging data analytics and cross-functional collaboration, the role supports growth in Hong Kong's competitive retail landscape, focusing on tourist-driven and seasonal demands, while requiring analytical prowess and retail intuition to maximize sales and minimize stock risks in high-traffic locations. Key Responsibilities Demand Forecasting & Assortment Planning : Analyze sales data, market trends, and historical performance to forecast demand for licensed gift categories such as chiikawa and mofusand; develop seasonal buying plans and product assortments in collaboration with buyers and designers Inventory Management & Allocation : Monitor stock levels across physical stores (e.g., Langham Place, New Town Plaza), e-commerce, and warehouses; allocate inventory to optimize turnover, ensuring high-traffic locations like Hong Kong International Airport are prioritized for fast-selling items Replenishment & Ordering : Manage replenishment strategies, place orders with vendors, and adjust in-season based on real-time sales; maintain safety stock levels to avoid stockouts during peak periods like Chinese New Year or pop-up launches Performance Analysis & Reporting : Track KPIs such as sell-through rates, gross margins, and inventory turnover using tools like Excel and ERP systems; generate reports to inform strategic decisions and identify opportunities for markdowns or promotions on exclusive products Cross-Functional Collaboration : Liaise with merchandising, supply chain, finance, and store teams to resolve inventory issues; participate in store visits, meetings, and projects to enhance product presentation and SKU control for unique authorized items Data Maintenance & Compliance : Update product data in systems, proofread pricing for marketing materials, and ensure listings comply with SLAs across sales channels; handle ad-hoc queries and administrative tasks Requirements & Qualifications Education: Bachelor's degree in Business Administration, Fashion/Retail Merchandising, Supply Chain Management, or a related field Experience: Minimum 3-5 years in retail planning, preferably in lifestyle, toys, or gift sectors with licensed merchandise; experience with seasonal or pop-up products is highly desirable Technical Skills: Advanced proficiency in Microsoft Excel (including pivot tables and forecasting functions), Word, PowerPoint, and Outlook Soft Skills: Strong analytical and numerical abilities with keen attention to detail; excellent communication and interpersonal skills for stakeholder management; ability to multitask in a fast-paced environment, meet deadlines, and work independently Language: Fluent in written and spoken English and Cantonese; proficiency in Mandarin is an advantage for vendor interactions Other: Commercial acumen to handle multi-million-dollar inventories; maturity in managing confidential data and strategic business impacts #J-18808-Ljbffr
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Strategic Product Planner: Inventory
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