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Director of Merchandise Planning
2 months ago
Mejuri is a category-defining fine jewelry brand that is redefining luxury. We are seeking a Director of Merchandise Planning to join our team. The ideal candidate will be a business and financially savvy customer-centric, data-driven, analytical self-starter who is motivated by the opportunity to collaborate internally and externally and executes with excellence for our fast-growing brand.
Key Responsibilities:- Develop merchandise financial plans that optimize product category sales, financial, margin, and inventory goals.
- Lead the forecasting for carryover and new product launches and new store openings.
- Be the focal point for weekly sales reporting, developing tailored reporting for senior leadership and the merchandising, finance, supply chain, retail sales, and digital teams.
- Develop and deliver performance analysis across the business that measures achievement of sales, margin, and inventory plans.
- Manage the open to buy (OTB) process that budgets for inventory purchases of both carryover and new products.
- Support the buy review process with forecasting and analysis including halo and cannibalization estimates, required inventory investment, and margin.
- Be the go-to for ad-hoc and diagnostic analysis of sales, gross margin, and inventory performance, communicating insights, corrective actions, and recommendations.
- Provide analytical support to the merchandising team as they develop product assortment, pricing, life cycle, and discontinuation plans.
- Help develop systems and tools to facilitate the merchandising planning function.
- Lead and develop a small team of demand and merchandise planners.
- Experience: 5+ years of experience in a retail environment including time as a planner, buyer, or retail business analyst.
- Demonstrated leadership experience, managing teams and working with executive leaders.
- Experience in high growth retail environment with frequent new store openings.
- Demonstrated retail experience and business acumen including forecasting, promotions, margin planning, selling, and inventory productivity measures.
- Excellent verbal and written communication and presentation skills including the ability to present complex material in an organized and compelling manner.
- Proven track record in assortment and inventory planning to help optimize retail stores for highest conversion rates.
- Strategic thinker who recognizes opportunities and can recommend strategies by building business case and influence senior leaders to move to execution.
- High level of conceptual creative ability. Strong product sense with proven experience in driving product assortments and partnering to lead investment strategies that drive business.
- Strong time management skills, attention to detail, problem-solving, interpersonal, and organizational skills – communication between functional groups is very critical.
- Advanced proficiency in Excel, and data/business intelligence tools.
- A minimum of three weeks vacation, plus personal days and three religious observance days.
- A hybrid work model for all corporate roles.
- 'Mejuri Passport' which allows employees who meet specific criteria to work in other locations for one month per year.
- Comprehensive medical and dental benefits, including mental health coverage, and generous personal and sick days for our full-time employees. We also offer bereavement leave, including miscarriage and stillbirth support.
- Parental leave salary top-up of up to 80%, as well as a personalized return-to-work transition and accommodation plan for full-time employees.
- Semi-annual performance reviews.
- A generous product discount.