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Merchandise Planner

Merchandise Planner

Job Description

Position Summary:
As am employee in our Planning department you will be responsible for developing merchandise plans that support the merchandise strategy and company financial objectives. Develop seasonal plans with sales and profit targets. In-season reforecast the plans to address trends and changes in market. Communicate risks and opportunities to Buyers in order to achieve financial plans.

Job Responsibilities:
• Build financial merchandise plans by family of business that supports the merchandise strategy and financial objectives.
• Utilize historical data to support the buy process and deliver the plan.
• Create category plans that support Family level financial plans.
• Compile weekly sales, markdown and inventory data and provide analysis that supports risks or opportunities to current forecasts.
• Manage OTB weekly and participate in Monthly Forecasting and Strategy meetings with Buyers.
• Ensure stock levels are sufficient to support sales trends.
• Partner with Store Planning to review bottom’s up store level plan to identify opportunities based on store trends..
• Develop ad hoc reports as needed to drive or react to current and future business.
• Interpret trends in order to drive sales and increase merchandise productivity.
• Maintain open communications and develop working relationships within the merchant group. Build partnerships with Buyers and Allocators.

Job Requirements

• Bachelor's degree in related field and minimum of 5 years experience in Planning & Allocation or an equivalent combination of education and retail allocation experience.
• Experience with breadth of product assortment/classes, etc.
• Minimum of 2 years Merchandise planning experience.

Required Skills:
• Excellent leadership and communication skills
• Strong analytical/statistical skills including comprehensive understanding of retail math concepts and formulation of business plans
• Ability to analyze open to buy and develop forecast and recommend in-season action to minimize risk
• Use logical thought process to solve complex problems
• Flexible and adaptable to change
• Experience with planning & allocation software; specifically MMS
• Advanced level Microsoft Excel spreadsheet creation and manipulation

Environment and Physical:
• Work in fast paced corporate office environment
• Ability to sit and work at computer for prolonged periods of time
• Ability to lift or move 25 pounds and occasionally up to 40 pounds

Job Snapshot

Employment Type Full-Time
Job Type Retail
Education 4 Year Degree
Experience Not Specified
Manages Others No
Industry Retail
Required Travel Not Specified
Job ID 126
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Merchandise Planner

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