Mr Price Group
Buyers and Planners at Mr Price Group are vital to ensuring the right products reach customers at the right time. They are responsible for selecting, forecasting, and managing merchandise to meet customer demand while optimizing sales and profitability.
Working with brands like Mr Price Apparel, Mr Price Home, Mr Price Sport, Miladys, and Sheet Street, Buyers and Planners play a crucial role in maintaining the brand’s market relevance and success. This guide explores the responsibilities, salary expectations, qualifications, and application process for Buyers and Planners at Mr Price Group.
Job Description & Details
A career as a Buyer or Planner at Mr Price Group offers a dynamic work environment, competitive pay, and opportunities for professional growth within the retail industry. Employees in these roles benefit from structured training, career advancement opportunities, and the chance to influence the company’s product offerings.
Buyers and Planners are key players in the company’s supply chain, collaborating closely with designers, suppliers, and store teams to provide the best product mix for customers.
Role Overview: Buyers at Mr Price Group
Buyers at Mr Price Group are responsible for selecting and purchasing merchandise that aligns with the brand’s strategy and customer preferences. Key responsibilities include:
- Trend Analysis: Researching fashion, homeware, and sports trends to anticipate customer demand and stay relevant in the market.
- Supplier Management: Sourcing products from suppliers, negotiating pricing, and ensuring quality standards are met.
- Assortment Planning: Selecting a range of products that fit seasonal trends, customer needs, and store objectives.
- Pricing Strategy: Working with planners to set competitive and profitable pricing for each product.
- Sales and Performance Analysis: Reviewing sales data to assess product performance and make adjustments in future purchasing decisions.
- Collaboration with Other Departments: Working with design, merchandising, and marketing teams to align product selections with brand image and marketing strategies.
Role Overview: Planners at Mr Price Group
Planners at Mr Price Group focus on forecasting demand, managing inventory, and optimizing stock levels to ensure stores have the right products at the right time. Key responsibilities include:
- Inventory Management: Ensuring stores are well-stocked with popular products while minimizing excess inventory.
- Demand Forecasting: Analyzing historical sales data, market trends, and seasonal demand to project future product needs.
- Sales Planning: Setting sales targets and determining how much inventory is needed to achieve those goals.
- Budgeting and Financial Planning: Working with buyers to develop budgets and financial plans for product categories.
- Collaboration with Buyers and Merchandisers: Providing insights and data to assist buyers in making informed purchasing decisions and adjusting stock levels as needed.
- Data Analysis and Reporting: Monitoring stock performance, preparing reports, and adjusting plans based on sales trends.
Salary Overview for Buyers and Planners at Mr Price Group
Salaries for Buyers and Planners at Mr Price Group vary depending on experience, role complexity, and location. On average:
- Buyers: R300,000 to R600,000 per year, with senior or specialized roles earning towards the higher end of the range.
- Planners: R250,000 to R500,000 annually, depending on experience and level of responsibility.
In addition to salaries, Mr Price Group offers benefits such as healthcare, retirement contributions, performance bonuses, and staff discounts.
Requirements for Buyer and Planner Roles at Mr Price Group
To qualify for a Buyer or Planner role at Mr Price Group, candidates need to meet specific educational, experiential, and skill-based requirements. General qualifications include:
Buyers
- Education: A Bachelor’s degree in fashion, merchandising, business, retail management, or a related field is preferred.
- Experience: 2-5 years of experience in buying, merchandising, or retail management is typically required.
- Skills: Strong negotiation skills, trend analysis abilities, and knowledge of retail buying and product selection.
Planners
- Education: A Bachelor’s degree in business, finance, supply chain management, or a related field is preferred.
- Experience: 2-5 years of experience in planning, inventory management, or retail analytics is beneficial.
- Skills: Analytical skills, proficiency in data analysis, financial forecasting, and inventory management.
How to Apply for a Buyer or Planner Job at Mr Price Group
To apply for a Buyer or Planner position at Mr Price Group, follow these steps:
- Visit the Mr Price Group Careers Page: Go to the official Mr Price Group website and navigate to the “Careers” or “Jobs” section to view available roles.
- Search for Relevant Positions: Use search filters to find open positions for Buyers and Planners that match your qualifications and career goals.
- Prepare Your Application: Update your CV to highlight relevant experience in buying, planning, inventory management, or retail analytics. A cover letter detailing your interest in Mr Price Group and specific role contributions can also enhance your application.
- Submit Your Application Online: Complete the online application form and attach your CV, cover letter, and any other required documents.
- Monitor Your Application Status: Log in to your account on the careers page to track your application status and receive updates.