Product Line Manager
2 days ago
Merchandise Planner Job Description
About the Role:
We are seeking a skilled Merchandise Planner to join our team at Solomon Page. As a Merchandise Planner, you will be responsible for developing financial plans to achieve growth and profitability for our clients.
Key Responsibilities:
- Financial Planning: Strategize and develop financial plans to achieve growth and profitability that align with key product strategies and initiatives for all channels.
- Pre-Season Planning: Own pre-season plans that align with grow/maintain/downtrend positioning for merchandise and category initiatives.
- Category Management: Manage category product releases on all channels to mitigate financial gaps year over year.
- In-Season Performance: Understand and manage in-season performance and identify trends to inform future seasons.
- Business Insights: Leverage weekly business insights to understand item-level performance to maximize in-season opportunities and minimize liability.
- Revenue Benchmarking: Create high-level revenue benchmarks to achieve growth and profitability that align with cross-category initiatives for all channels.
- Product Lifecycle Management: Partner with Buyer to rank newness to determine sales plans and inventory buys with clear understanding of product lifecycle.
- Annual Operating Plans: Manage and input retail category plans for Annual Operating Plans.
- Inventory Optimization: Develop stratification of items to determine cannibalization, optimize SKU efficiency, and ensure inventory management of item/category.
- Profit & Loss Management: Own category Profit & Loss; drive the business with full accountability to revenue and cost of goods.
- Re-Forecasting: Re-forecast sales, inventory, and margin on a monthly basis based on category performance through OTB process.
- Trend Analysis: Understand and use tools available to purchase, analyze, and react to trends in the business.
Requirements:
- Bachelor's Degree in a related field.
- 2+ years of merchandise planning experience.
- Proficient in Microsoft tools & Business Objects.
- Financial and analytical skills.
- Verbal and written communication skills, including comfort with executive-level presentations.
- Organizational skills with attention to detail.
- Adaptable to feedback and pivot based on changing organizational priorities.
- Flexible and adaptable with an ability to meet deadlines in a fast-paced environment.
- Resourceful with ability to prioritize, problem solve, and make decisions.
- Ability to collaborate with peers and partners.
About Solomon Page:
Solomon Page is a specialty niche provider of staffing and executive search solutions across a wide array of functions and industries.
We pride ourselves on offering medical, dental, 401(k), direct deposit, and commuter benefits to our employees, including freelancers.
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