Merchandise Planner

4 weeks ago

Anaheim CA, United States pacsun Full time

Pacsun Merchandiser Planner Job Description

At Pacsun, we're dedicated to delivering an exclusive collection of relevant brands and styles to a community of inspired youth. Our merchandising team plays a crucial role in achieving this goal by developing and executing financial plans that support the company's overall merchandising objectives.

Key Responsibilities:

  • Develop and communicate merchandise financial plans and strategies that align with the company's overall merchandising objectives.
  • Create and maintain strategic financial plans tied to merchandising strategies.
  • Responsible for planning sales, inventory, markdowns, and margins at a department/class and/or program level.
  • Pre-season topside merchandise planning at a department/class level/style-color level, as well as in-season planning adjusting forecasts to trend.
  • Responsible for building pre-season class plans at the price type (regular and markdown) and weekly level.
  • Analysis of business around risk and opportunities at division, class, and/or program level.
  • Quantify in-season risks and opportunities and make recommendations to merchant teams and management.
  • Communicate monthly Open-to-Buy forecasts and supporting action plans, as well as present this data to Management and Cross-Functional teams.
  • Recap and analyze actual sales results to plan and forecast in-season sales and inventories on a weekly, monthly, quarterly basis, and ad hoc basis.
  • Manage the financial success of the department by meeting sales, merchandise margin, gross margin return on investment (GMROI), and inventory goals; analyze historical data and current trends to identify risks and opportunities.
  • Work with merchants and allocation to determine and manage exit strategies, recommending items for clearance and controlling aged inventory.

Requirements:

  • Minimum of 1-2 years of experience in inventory management and overseeing planning at an item level within a large specialty retailer (300+ stores).
  • Bachelor's Degree in a related field preferred.
  • Demonstrated logical analysis and problem-solving skills.
  • Solid understanding of financial measurements, including sales, gross margin, GMROI, inventory turn, weeks of supply, and how to impact them.
  • Flexible and adaptive to changing priorities; ability or aptitude to learn technical applications quickly; must be proficient with Microsoft Excel.

What We Offer:

  • Dog-friendly office environment.
  • Generous associate discount of 30-50% off merchandise online and in-stores.
  • Competitive long-term and short-term incentive program.
  • Immediate 100% vested 401K contributions and employer match.

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