Merchandise Planner
Develop, execute and communicate merchandise financial plans and strategies that support the company's overall merchandising objectives for a specific category of merchandise for both retail and ecommerce.
Responsibilities Core AccountabilitiesCreate and maintain strategic financial plans tied to merchandising strategiesResponsible for planning sales, inventory, markdowns and margins at a department/ class and/or program levelPre-season topside merchandise planning at a department/class level/style-color level, as well as in-season planning adjusting forecasts to trend.
Responsible for building pre-season class plans at the price type (regular and markdown) and weekly levelAnalysis of business around risk and opportunities at division, class and/or program levelQuantify in-season risks and opportunities and making the appropriate recommendations to merchant teams and managementPartner with management, merchants and allocation in order to strategically move business toward increasing profitCommunicate monthly Open-to-Buy forecasts & supporting action plans as well as presentation of this data to Management and Cross Functional teamsRecap and analyze actual sales results to plan and forecast in-season sales and inventories on a weekly, monthly, quarterly basis and ad hoc basisManage the financial success of the department by meeting sales, merchandise margin, gross margin return on investment (GMROI) and inventory goals; analyze historical data and current trends to identify risks and opportunitiesWork with merchants and allocation to determine and manage exit strategies recommending items for clearance and controlling aged inventoryDevelop and maintain effective working relationships with Cross Functional team members; i.
e.
, Merchandising, Product Development, Store Operations, Visual and FinancePerforms other related duties as assignedQualifications Education/Experience Required:
Minimum of 1-2-years experience in inventory management and overseeing planning at an item level within a large specialty retailer (300
stores)Bachelor's Degree in a related field preferredDemonstrated logical analysis and problem solving skillsSolid understanding of financial measurements including:
sales, gross margin, GMROI, inventory turn, weeks of supply and how to impact themFlexible and adaptive to changing priorities; ability to organize and prioritize workload to meet deadlinesAbility to build and maintain productive relationships with peers and cross-functional teamsAbility or aptitude to learn technical applications quickly; must be proficient with Microsoft ExcelPhysical Requirements:
The physical demands described here are representative of those that are required by an associate to successfully perform the essential functions of this job.
While performing the duties of this job, the associate is regularly required to talk or hear.
The associate is frequently required to sit; stand; walk; use hands to finger, handle or feel; as well as reach with hands and arms.
The associate must frequently lift and/or move up to 15 pounds and occasionally lift and/or move up to 35 pounds.
Specific vision abilities required by this job include close vision, distance vision, depth perception and ability to adjust focus.
Ability to work in open environment with fluctuating temperatures and standard lighting.
Ability to work on computer and mobile phone for multiple hours; with frequent interruptions.
Required to travel in elevator or stairwells to attend meetings and engage with associates on multiple floors throughout building.
Position Type/Expected Hours of Work:
This is a full-time position.
As an International Retailer, occasional evening and/or weekend work may be required during periods of high volume.
This role operates in a professional office environment and routinely uses standard office equipment.
Other Considerations:
Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the associate for this job.
Duties, responsibilities and activities may change at any time with or without notice.
Reasonable accommodations may be made to qualified individuals with disabilities to enable them to perform the essential functions of the role.
#LI-SS1.
Estimated Salary: $20 to $28 per hour based on qualifications.
Responsibilities Core AccountabilitiesCreate and maintain strategic financial plans tied to merchandising strategiesResponsible for planning sales, inventory, markdowns and margins at a department/ class and/or program levelPre-season topside merchandise planning at a department/class level/style-color level, as well as in-season planning adjusting forecasts to trend.
Responsible for building pre-season class plans at the price type (regular and markdown) and weekly levelAnalysis of business around risk and opportunities at division, class and/or program levelQuantify in-season risks and opportunities and making the appropriate recommendations to merchant teams and managementPartner with management, merchants and allocation in order to strategically move business toward increasing profitCommunicate monthly Open-to-Buy forecasts & supporting action plans as well as presentation of this data to Management and Cross Functional teamsRecap and analyze actual sales results to plan and forecast in-season sales and inventories on a weekly, monthly, quarterly basis and ad hoc basisManage the financial success of the department by meeting sales, merchandise margin, gross margin return on investment (GMROI) and inventory goals; analyze historical data and current trends to identify risks and opportunitiesWork with merchants and allocation to determine and manage exit strategies recommending items for clearance and controlling aged inventoryDevelop and maintain effective working relationships with Cross Functional team members; i.
e.
, Merchandising, Product Development, Store Operations, Visual and FinancePerforms other related duties as assignedQualifications Education/Experience Required:
Minimum of 1-2-years experience in inventory management and overseeing planning at an item level within a large specialty retailer (300
stores)Bachelor's Degree in a related field preferredDemonstrated logical analysis and problem solving skillsSolid understanding of financial measurements including:
sales, gross margin, GMROI, inventory turn, weeks of supply and how to impact themFlexible and adaptive to changing priorities; ability to organize and prioritize workload to meet deadlinesAbility to build and maintain productive relationships with peers and cross-functional teamsAbility or aptitude to learn technical applications quickly; must be proficient with Microsoft ExcelPhysical Requirements:
The physical demands described here are representative of those that are required by an associate to successfully perform the essential functions of this job.
While performing the duties of this job, the associate is regularly required to talk or hear.
The associate is frequently required to sit; stand; walk; use hands to finger, handle or feel; as well as reach with hands and arms.
The associate must frequently lift and/or move up to 15 pounds and occasionally lift and/or move up to 35 pounds.
Specific vision abilities required by this job include close vision, distance vision, depth perception and ability to adjust focus.
Ability to work in open environment with fluctuating temperatures and standard lighting.
Ability to work on computer and mobile phone for multiple hours; with frequent interruptions.
Required to travel in elevator or stairwells to attend meetings and engage with associates on multiple floors throughout building.
Position Type/Expected Hours of Work:
This is a full-time position.
As an International Retailer, occasional evening and/or weekend work may be required during periods of high volume.
This role operates in a professional office environment and routinely uses standard office equipment.
Other Considerations:
Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the associate for this job.
Duties, responsibilities and activities may change at any time with or without notice.
Reasonable accommodations may be made to qualified individuals with disabilities to enable them to perform the essential functions of the role.
#LI-SS1.
Estimated Salary: $20 to $28 per hour based on qualifications.
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