Description:
David Jones exists to inspire like no other and as we continue to deliver on our ambitious transformation agenda in line with our Vision 2025+ strategy, we are committed to creating inspired careers so our people can Thrive.
The ROLE
The purpose of the Revenue & Inventory Planning Manager is to strategically contribute to, and execute in line with the David Jones Merchandise Strategy, with a focus on revenue management. This role is responsible for leading key revenue management activities such as range architecture, pricing and promotional strategies, and ensuring these are incorporated into trade planning management to optimise the Gross Profit and inventory KPI delivery of the business.
What YOUR DAY LOOKS LIKE
- Lead price and promotion optimisation and pricing strategies.
- NRV – provision management
- Lead Drive & Support range/price architecture initiatives, testing and analysing range, identifying what is working, what is not working and providing feedback to Merchandise for range reviews.
- Support range improvement and optimisation at store level by working closely with the Merchandise teams.
- Lead pricing strategy development and implementation, ensuring a robust pricing process, delivering optimal margin.
- Lead pricing governance processes and requirements. ACCC
- Lead the development of retail price value propositions at customer and store level, working cross-functionally to ensure future price decisions and processes support strategy.
- Offset competitive pressure points with price strategies that reflect customer and product segmentation.
- Develop and maintain price benchmarking programs that drive proactive pricing decisions
- Support development of pricing literacy programs for wider Merchandise teams.
- Analyse competitors’ marketing, selection, and pricing to make strategic go-to market decisions.
- Establish a structured price discount review agenda that includes price distributions, challenge rebate effectiveness, price overrides and customer value metrics.
- Work closely with operations and logistics to facilitate the execution of all inventory improvement strategies
- Lead reduction of slow moving or excess inventory.
- Embed governance and compliance (ACCC) around Merchandise principles, processes, systems and tools.
- Support the delivery of the Merchandise Strategies across all categories through transformation and continuous improvement initiatives.
- Influence and give feedback strategically and ELT Level
What YOU’LL NEED TO THRIVE
- Background and experience in Retail with an understanding of working in a multi-brand business in the premium/luxury retail space.
- Demonstrated ability to be translate a strategy into deliverable outcomes and executing those outcomes
- Customer centric thinking and approach
- Excellent partnering and relationship building capabilities with an ability to influence at a senior level
- Experience in managing a complex pricing function in a multi sales channel business
- Demonstrable experience leveraging internal and external relationships delivering on business or customer objectives
- Experience with analysing complex data sets and obtaining meaningful information
- Excellent analytical and financial acumen.
How WE MEASURE ACHIEVEMENT
You will achieve by delivering outcomes aligned to the following measures
- ASP improvement
- BGP Improvement
- Ensure provisions are met
- Markdown to GP ROI
- Percentage of clearance
- Sales, profitability, and inventory targets, including Buyers Gross Profit and Inventory Weeks Cover maintenance
- Key business initiatives and strategic imperatives