Store Planner
Brooks Brothers
New York, New York
Founded in 1818, Brooks Brothers is America’s oldest clothier. For more than 200 years, the brand has defined the standard of dress in America and has evolved into a global lifestyle brand offering complete apparel and accessories collections for men, women and children. Brooks Brothers products are world renowned for innovation, quality, timeless style and exceptional value. As America's oldest clothing retailer, Brooks Brothers has a long history of creating long-term relationships with both our Customers and our Associates.
The Store Planner role has three distinct responsibilities that include Store Planning, Allocation and Demand Planning. The Store Planner is responsible for the strategic management of seasonal & basic assortments, inventory optimization, and actionable analysis and reporting.
Store Planning
• Monitor and analyze store and web performance across multiple departments to help determine assortment and allocation strategies
• Utilize proprietary reporting platform to analyze large amounts of data at both an aggregate and a granular level to answer questions and identify opportunities & risks.
• Review historical sales trends and strategically react to these changes in business.
Allocation
• Allocate merchandise at style/color/size level based on an assortment strategy using historical and current trend data
• Collaborate cross functionally with Merchant Planners and Merchandising to align on allocation and merchandise strategies
• Implement allocation strategies that support financial plans, brand objectives and strategic vision, resulting in effective allocations and efficient use of inventory.
• Participate in the continuous effort to improve allocation methods and strategies within Blue Yonder (allocation system).
Demand Planning
• Responsible for maintaining proper inventory levels in the stores, online, and the distribution center to maximize sales and profitability.
• Conduct a monthly Open-to-Buy meeting with cross functional partners. Review monthly sales and inventory, sales forecasts, out of stocks, and inventory levels at the style level, and execute any needed strategies.
• Maintain style/store/size model stocks and size selling curves for an OMNI channel business.
• Optimize OMNI channel assortments through style and size rationalizations and business analysis.
• 2-3 years of prior retail/allocation experience
• Bachelor’s Degree (preferably in Merchandising, Business, Finance, Engineering or Supply Chain)
• Strong fundamentals in Microsoft Office, especially Excel, Retail Math
• Enjoys working as part of a team and collaborating cross functionally
• Experience with Blue Yonder or replenishment system a plus
• Adaptable with the ability to work with shifting priorities
• Uses analytics to problem solve
• Good communicator and comfortable presenting to all levels
• Accountable and works with a sense of urgency
• Strong multi-tasking skills
• Detail oriented
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Pay Range: USD $62,700.00 - USD $114,000.00 /Yr.