Merchandiser Planner

3 weeks ago


Portsmouth VA, United States Family Dollar Full time

The Merchandise Planner develops, executes and communicates strategic merchandise financial plans that support the company's financial, product, and marketing objectives; responsible for driving top line financial plans for a book of business from a category to class/season level; strategically managing the business in order to maximize sales and margin, and optimizing inventory; develops and contributes to the development of company initiatives and ensures that all planning activities support annual goals.
Strategic Financial Plans
At a category/class/season level develop sales, gross margin and inventory plans that support the categories and company's financial goals. Alignment with merchants to ensure product assortment meet the financial goals.
Use historical data, current trends and strategy to identify risk and opportunity to achieve financial goals
Identify opportunities and risks relative to sales, margin, and inventory productivity; Manage the markdown process and collaborate with cross-functional partners to ensure that markdowns fit within the financial plan; identify Markdown risks and recommend strategies to limit liabilities.
Review forecasts with a focus on maximizing profit, optimizing inventory, and managing risk across divisions. Incorporate marketing, markdown, and inventory management plans to exploit business prospects.
Review and meet with merchant team to align on all financial revisions
Assortment Planning
Review historical data at cluster, category and key item level to understand prior performance
Set sales, margin, flow, and IMU goals prior to the planning of each delivery; identify risks and opportunities relative to product, flow, and presentation
manage the locking process for seasonal plans; forecast seasonal and source plans to validate key metrics
Partner with merchandising and other cross-functional teams to achieve financial goals through active management of the business
Be proactive in identifying risk and opportunities in a timely manner; develop action plans to limit risk and capitalize on opportunities
Office work environment, 40+ work hours per week
Bachelor's Degree from a four-year college or university preferred; This should include prior experience in the retail industry.
Job Related Skills: Well-developed written and verbal communication skills including the ability to present complex material in an organized and compelling manner; Computer Skills: Well-versed in planning systems as well as advanced Microsoft Windows applications; strong knowledge of financial theory is required.


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