Merchandise Planning & Inventory

Role Overview

Merchandise Planning & Inventory position at Landmark Group, focused on managing product assortments, demand forecasting, and inventory optimization within the beauty and cosmetics retail sector.

Role Purpose

Own the end-to-end merchandise planning and inventory management function to balance optimal stock levels with sales targets, minimize waste, and ensure product availability across all distribution channels.

Key Responsibilities

Assortment & Demand Planning

• Curate and plan optimal product assortments tailored to target demographics and current trends in the beauty and cosmetics market.
• Utilize historical sales data and seasonal trends to accurately predict future demand.
• Monitor key performance indicators (KPIs) including sell-through rates, margin contributions, and fast-moving SKUs.

Budgeting & Financial Planning

• Manage financial budgets and Open-To-Buy (OTB) to ensure inventory investments align directly with company sales targets.

Inventory Control & Optimization

• Maintain optimal inventory levels across warehouses and retail shelves to prevent stock-outs or overstocking.
• Streamline automatic replenishment processes based on turnover rates and lead times.

Audit & Compliance

• Conduct regular audits, monitor stock adjustments, and resolve discrepancies in the inventory management system.
• Monitor shrinkage and variance control.

Supply Chain Coordination

• Collaborate closely with logistics and suppliers to manage purchase orders and track shipments along the critical path.

Qualifications & Experience

• Bachelor's degree in Business Administration, Retail Management, Supply Chain, or a related field.
• Typically 2–5+ years of relevant planning and inventory experience, ideally within beauty, luxury, or fashion retail.

Skills & Competencies

• Advanced proficiency in Microsoft Excel, including VLOOKUPs and pivot tables.
• Experience with retail ERP or inventory software such as SAP or Oracle.