Merchandise Planner
San Francisco, CA
Description:
General Summary:
The Merchandise Planner creates and manages sales and inventory plans at the department/class/style level for one or more departments. These sales and inventory plans support the Merchandising strategies, ensuring opportunity is maximized and financial plans are achieved.
Key Roles and Responsibilities:
- Contributes to the financial success of one or more departments by managing sales, gross margin, GMROI and inventory turn goals to meet or exceed financial objectives
- Develop and build department & class level plans that support division strategy
- Develop and build pre-season style/color plans
- Develop and communicate comprehensive department financial and product strategies.
- Responsible for open-to-buy activities at department/class level
- Forecast in-season sales and inventory and develop strategies to maximize opportunities and mitigate risk.
- Strategize, recommend and execute in-season pricing strategies to maximize sales and margin opportunity.
- Develop monthly forecasts of sales and inventory for Basics, if necessary for department.
- Drive sales and margin performance thru effective promotional activity
- Perform pre-season, in-season and post-season analysis to identify opportunities for future seasons.
- Proactively identify business opportunities and communicate appropriately.
- Demonstrated ability to influence and effectively negotiate with cross functional business partners
- Anticipate risks and develop plans and processes to reduce exposure
- Ability to evaluate business trends and draw actionable conclusions to maximize opportunity
- Set priorities and clear objectives to ensure that the team goals and objectives are meet and/or exceeded
- Able to use rigorous logic and methods to solve problems with effective solutions
- Ability to identify and communicate the opportunity to improve process
- Effective in a variety of presentation settings including one-on-one, small and large groups, and with peers and members of the leadership team.
- Demonstrated capability with MS Excel. And have aptitude to learn technical applications quickly.
- Demonstrated ability to track performance and measure results
- Possess strong organizational and time management skills
- Proficiency in retail math
Qualifications:
- Bachelors degree or equivalent experience
- 2-4 years of retail planning or inventory management experience preferred
- Specialty retail experience preferred
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