Group
Occupation
629932 Merchandise Planner
Latest release
Consultation draft: Australian and New Zealand Standard Classification of Occupations (ANZSCO)
Reference period
July 2024
Released
25/07/2024
First release
629932 Merchandise Planner
Plans, organises, and controls merchandise by analysing sales data and market trends to forecast product demand.
ANZSCO skill level
This occupation has a skill level corresponding to the qualifications and experience below.
Australia
- Skill Level 2: AQF Associate Degree, Advanced Diploma, Diploma, or at least three years of relevant experience
New Zealand
- Skill Level 2: NZQF Diploma, or at least three years of relevant experience
Main tasks
- Analyses sales data and market trends to create merchandise plans on forecast product demand
- Manages financial planning, forecasting, and open-to-buy budgets
- Collaborates with buying and marketing teams to develop and manage product assortments and promotional strategies based on market analysis and financial planning
- Manages inventory across stores to ensure optimal stock levels, minimise excess inventory, and prevent stockouts
- Monitors sales performance and adjusts merchandise plans as needed
- Conducts financial analysis to track profitability and make recommendations for improvement