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Merchandise Planning Coordinator

2 months ago

Roselle, New Jersey, United States Lucky 21 Full time
Job Overview

Position Title: Merchandise Planning Coordinator

Employment Type: Full Time

Company Overview:

At Lucky 21, we prioritize strategic assortment planning, innovative technology, and comprehensive data analysis in all our initiatives. Our focus ranges from optimizing pricing strategies and advertising to enhancing brand management and operational insights, all aimed at creating superior product listings and fostering sustainable, profitable sales for our partners.

Role Summary:

We are in search of a Merchandise Planning Coordinator to become a vital part of our expanding Planning Team. This role is essential in developing sales strategies, managing ongoing plans, and conducting sales trend evaluations. The Coordinator will report directly to the Director of Planning.

Key Responsibilities:

  • Evaluate sales and profit performance through standardized reports generated on a weekly and monthly basis.
  • Assist in formulating sales, profit, and inventory strategies across multiple brands and storefronts.
  • Support the reforecasting of sales, receipts, and inventory levels.
  • Analyze past performance data to suggest effective flow strategies for high-volume listings.
  • Track open orders against sales forecasts and inventory receipts.

Additional Duties and Meetings:

  • Collaborate closely with buyers to comprehend their planning requirements and objectives.
  • Engage in weekly team discussions to review progress, challenges, and opportunities.
  • Prepare ad hoc business summaries as required for management and vendor partners.

Essential Skills:

  • Proficient in analyzing and interpreting data to draw insightful conclusions and demonstrate a systematic approach to problem-solving.
  • Strong organizational capabilities that enable multitasking and prioritizing competing demands.
  • Advanced computer skills, particularly in Microsoft Office (expertise in Excel is preferred), including familiarity with macros, pivot tables, and v-lookups.
  • A Bachelor’s Degree and/or a minimum of one year of experience in a Planning or Buying capacity.
  • Solid understanding of retail mathematics or strong analytical and quantitative abilities.
  • Excellent written and verbal communication skills.
  • Eagerness to learn and adapt to new technologies.

Work Environment:

At Lucky 21, we take pride in our organizational culture. The ideal candidate will embody the following traits:

  • A commitment to excellence and a continuous improvement mindset.
  • Humility, openness to feedback, and candid communication.
  • Ability to thrive in a dynamic business environment and adapt swiftly to changes.
  • A proactive approach to understanding and addressing the needs of the business.

Employee Benefits:

  • Paid Time Off
  • Medical Insurance
  • 401K with Employer Matching