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Merchandise Planning Manager

MGM Resorts International

  • Las Vegas, NV
  • 6 days ago

    Highlights

    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.

    Numbers & Facts

    LocationLas Vegas, NV

    Description

    Las Vegas, Nevada

    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!

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