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
Next release Unknown
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
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