Merchandise Planner

Our client is looking for a strong and motivated Merchandise Planner to join the team.

Direct hire

Hybrid in La Mirada

$68k-$91k

The Merchandise Planner will collaborate with product managers as well as cross-functional business partners to drive financial results in maximizing sales, inventory levels and profitability. Will collaborate with the product mangers to create assortment plans and determine order quantities, leveraging historical data and incorporating merchandise strategies and trends.

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

• Participate with Pre-Season Planning
• Develop merchandise plans utilizing history, sales trends and market information to ensure accurate forecasting and inventory levels.
• Leverage historical data to identify key learnings around product, pricing, and inventory and apply learnings to future seasons
• Open-to buy and Ladder Plan Management: sales planning bottoms up/tops down, gm%, inventory, turn, and GMROI.
• Forecast fabric for Manufacturing
• Reconcile fabric forecasts with Item level forecasts.
• Track Fabric in-stocks to help
• Plan exits of unused fabrics remaining
• Manage Mins across multiple DCs to fulfill 95% service levels
• Work closely with Manufacturing Factory on financial planning, inventory management and production ability
• Responsible for forecasting and communicating with Manufacturing
• Partner with Logistics and DC team to strategize inventory receipts before peak seasons.
• Develop and maintains weekly/monthly/weekly merchandise reports
• Analyze and assess the sales performance of product categories; revise in-season plans accordingly to maximize sales and profitability
• Ensure planning and forecasting accuracy through knowledge of specific geographic store attribute performance through data analysis
• Develop strong cross-functional partnerships with Merchandising, Store teams, Marketing, Visual and others to drive business results.
• Oversee pricing strategies, including promotions and markdowns
• Develop forecasts for new SKUs and strategize assortments from a financial perspective

Qualifications

• Bachelor's degree (B. A. or B. S.) or equivalent from four-year college in merchandising or a business related field.
• 5+ years of experience in retail merchandise planning.
• proficient in MS Office products including Office 365 and Word.
• Strong proficiency in MS Excel.