Chief Merchandise Planner
6 days ago
Arhaus is a renowned home furnishings brand dedicated to crafting heirloom-quality products while prioritizing sustainability and community involvement.
We are seeking an exceptional Chief Merchandise Planner to join our team in Boston Heights, Ohio. The ideal candidate will possess a deep passion for storytelling, a commitment to sustainability, and a proven track record in driving business growth through strategic planning.
About the RoleThe Chief Merchandise Planner will lead our Merchandise Planning team in achieving financial and inventory goals by developing and executing category plans, managing open-to-buy opportunities, and collaborating with cross-functional teams to drive sales and margin growth.
Key Responsibilities- Merchandise Financial Planning:
- Develop annual, seasonal, and monthly merchandise financial plans aligned with company objectives, historical performance, and trend analysis.
- Analyze and reforecast open-to-buy and recommend strategies to maximize opportunities and minimize risk.
- Implement price actions to drive sales and margin across new products, promotions, and markdowns.
- Demand Planning:
- Create SKU-level sales and inventory plans for seasonal investment reviews to ensure accurate inventory levels.
- Conduct detailed assortment/SKU hindsight analysis and present findings to optimize SKU productivity, margin, and turn.
- Collaborate with buyers, product development, and sourcing to ensure purchase orders align with inventory targets.
- Inventory Management:
- Drive allocation and receipt strategy of inventory across multiple warehouses and stores to maximize delivered sales and product turn while minimizing costs.
- Monitor and manage inventory levels throughout the product lifecycle to maintain alignment with turn and inventory plans.
- Evaluate stock and sales by store or DC for replenishment product and make recommendations to balance inventory and drive SKU productivity.
- Bachelor's degree or equivalent business experience.
- Minimum 7 years of experience in merchandise planning, demand planning, inventory management, allocation, or buying.
- Minimum 5 years of managing direct reports.
- High proficiency in Excel, PPT, data analytics, and BI reporting platforms.
- Thorough understanding of retail math.
- Ability to analyze and report against financial metrics and draw actionable insights.
As a valued member of our team, you can expect a competitive salary of $120,000 - $150,000 per year, depending on your level of experience. Our benefits package includes comprehensive health insurance, 401(k) matching, paid time off, and opportunities for professional growth and development.
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