Merchandise Planner

Summary

The Merchandise Planner will be responsible for developing and executing merchandise strategies that align with our sales goals and inventory management practices. This role requires strong analytical skills, a keen eye for trends, and the ability to collaborate with cross-functional teams to ensure optimal product assortment and inventory levels.

Essential Duties and Responsibilities include the following. Other duties may be assigned.

· Planning and Forecasting - Analyze historical sales data, market trends, and customer preferences to develop accurate sales forecasts and inventory plans.

· Inventory Management - Monitor inventory levels to ensure optimal stock availability while minimizing excess and markdowns.

· Product Assortment - Collaborate with the buying team to determine product assortment strategies that align with brand vision and customer demand.

· Sales Analysis - Evaluate sales performance and make recommendations for adjustments to merchandising strategies based on data-driven insights.

· Cross-Functional Collaboration - Work closely with marketing, e-commerce, and operations teams to ensure cohesive execution of merchandising plans and promotional strategies.

· Reporting - Prepare and present regular reports on merchandise performance, inventory levels, and key performance indicators (KPIs) to senior management.

· Trend Analysis - Stay updated on industry trends and competitor activity to identify opportunities for growth and improvement.

Education and/or Experience

· BA or BS in Merchandising, Business or related field preferred

· Individual must be able to work well in a dynamic, fast paced environment

· Must have 2+ years of experience in retail merchandise planning, demand forecasting, inventory management, allocation, financial planning, or a similar role

· Ability to work with multiple product categories at one time

· Strong interest in fashion and retail industry

· Demonstrated proficiency Retail Math and analysis using planning systems and excel preferred

· Ability to take data and provide actionable insights

· Solid understanding of inventory management practices and procedures

· Strong interpersonal, leadership, and communication skills

Pink Lily offers a complete benefits package including health, vision, and dental insurance, 401(k) with company match, paid time off, and employee discounts.

Pink Lily is an Equal Opportunity-Affirmative Action Employer – Minority / Disability / Gender / Identity / Sexual Orientation / Age / Veteran