Merchandise Planning Manager

The SHOW comes alive at MGM Resorts International

Have you ever wondered what it would be like to work in a place full of excitement, diversity, and entertainment? Are you enthusiastic about being a team player in one of the most fascinating industries in the world? At MGM Resorts, we seek individuals like YOU to create unique and show-stopping experiences for our guests.

THE JOB:
The Senior Merchandise Planning Manager is responsible for managing the Merchandise Planning process for both pre-season budgets and in-season forecasting for retail metrics including sales, inventory levels, margins, receipts and markdowns.

THE DAY-TO-DAY:

• Assists Executive Director with managing inventory plans from investments through allocation and execution, including ongoing reviews and updates

• Assists the Planning Managers in using top-down plans to develop pre-season plans by store/classification and store/vendor

• Reconcile bottom- up plans to the top-down plans as set by Executive Director of Planning and review and revise variances

• Reviews plans with Retail Store Operators and Retail Merchandising and assist with re-forecasting as needed

• Responsible for Open to Buy (OTB) process to ensure product flow will meet sales and margin objectives

• Manages all aspects of store and vendor replenishment, including vendor replenishment set up and schedules

• Reviews assortment plans/fixture plans by store to ensure open to buy (OTB) reconciliation and accurate allocation of product

• Oversee the markdown process to maximize gross margins and mitigate risk

• Executes the pricing and promotion strategies to drive incremental gross margin dollars

• Works with Planning Managers, Planners, and Buying teams to ensure timely seasonal transitions of merchandise

• Works with Distribution Center to convert monthly dollar budget into unit flow

• Partners with Retail Finance to prepare and execute monthly, quarterly, and seasonal business reviews

• Reviews P&L and analyze financial reports to determine actionable improvements as it relates to inventory and gross margins

THE IDEAL CANDIDATE:

• Bachelor's Degree required

• 3+ Years of prior relevant experience required

• Experience with MS Word and Outlook (Intermediate level) required

• Advanced knowledge Internet, PowerPoint and databases required

THE PERKS & BENEFITS:

• Wellness incentive programs to help you stay healthy physically and mentally.

• Health & Income Protection benefits (for eligible employees).

• Access to company hotel, food and beverage, retail, and entertainment discounts as well as discounts with company partners on things like travel, electronics, online shopping, and more.

• Free meals in our employee dining room.

• Free parking on and off shift.

• Healthcare, financial, and time off benefits.

• Professional and personal development through programs and networking opportunities as well as volunteer opportunities in the community.

VIEW JOB DESCRIPTION:

https://mgmresorts.marketpayjobs.com/ShowJob.aspx?EntityID=2&jobcode=19414

Are you ready to JOIN THE SHOW? Apply today!