Merchandising Planner

3 weeks ago

Atlanta, United States Loro Piana Full time

Position As part of the merchandising team, you will take responsibility for merchandising forecasting and planning activities to successfully grow our business. This position oversees defining and driving category plans to optimize the target goals of sales, profit, and product rotation.

Key Responsibilities:

Forecast OTB plan through developing seasonal buying budgets.

Monitor sales performance by category on a weekly/monthly/yearly basis.

Analyze sales data, forecast demand, manage inventory levels, and collaborate with other departments.

Analyze historical sales data and market trends to predict future demand for specific products.

Ensure the most profitable decisions are taken on defined assortments.

Lead all planning processes, including preparing seasonal OTB plans, financial sales, merchandise margin, and inventory.

Develop plans for different seasons, considering the unique aspects of the luxury market and specific characteristics of Loro Piana products.

Provide accurate forecasting on key financial metrics and effectively communicate any risks based on sales trends.

Use data and analytics tools to gain insights into customer behavior, product performance, and market trends.

Inventory Key Responsibilities:

Ensure appropriate stock levels for each product, considering lead times, production cycles, and seasonality.

Plan and analyze seasonal product delivery performance and stock allocation with regular inventory reports.

Monitor sell-through performance and derive strategies to meet market needs.

Oversee merchandising allocator with regards to product performance.

Plan and implement stock control management, ensuring optimal cross-channel stock control.

Support in the modification and development of the company’s inventory management system.

Pricing Key Responsibilities:

Work closely with the buying team and HQ pricing team to coordinate retail prices at the SKU level for each collection.

Make subsequent/ad hoc price adjustments due to updates from competitors, special promotions, events, or changes in corporate strategy.

Others Key Responsibilities:

Produce timely and accurate sales reports (weekly, monthly, yearly, and seasonal) with merchandise analysis.

Collaborate with various departments to ensure a cohesive strategy aligned with the brand's image and goals.

Handle issues and continuously improve internal and external processes and procedures.

Handle ad-hoc assignments as required.

Profile Requirements:

At least 8 years of merchandising experience.

Proficient in analytical review and financial forecasting.

Excellent communication and interpersonal skills in English and Korean.

Passion for product and fashion trends.

Punctual, efficient, proactive, optimistic, and willing to learn.

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