Merchandiser Planner

3 weeks ago

Chesapeake VA, United States Family Dollar Full time

General Summary: 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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