Merchandise Planning Manager

5 days ago

Cleveland, Ohio, United States JOANN Stores Full time
Job Summary

The Merchandise Planning Manager is responsible for overseeing the planning, forecasting, and open-to-buy process for their assigned area. This includes managing and leading a team of merchandise planners in the development and preparation of merchandise preseason financial plans, merchandise in-season financial forecasts, buy plans, open-to-buy, and ad hoc analysis.

Key Responsibilities
  • Owner of the open-to-buy process, responsible for all merchandise planning functions, including the development of annual sales, margin, and inventory plans.
  • Resolves issues around Open-to-Buy, including forecast accuracy, sell-thru, inventory concerns, selling velocity, markdown management, and any other business-driving challenges.
  • Develops, trains, and coaches their team with best practices and data-driven analysis, develops and communicates performance goals, evaluates performance, and provides constructive feedback on a timely basis.
  • Provides recommendations and feedback in all processes, including forecasts reviews, strategy meetings, category management meetings, etc.
  • Utilizes critical thinking to provide focused, data-driven analysis that leads to sound business decisions.
  • Engages executive leadership to present business strategies, financial plans, and results.
Supervisory Responsibilities

Manage 3-6 direct reports who each own multiple shops within a division, including performance management.

Requirements
  • Education: Bachelor's Degree in Business, Operations, Supply Chain, or related field.
  • Experience: 6+ years of retail experience in merchandise planning, merchandising, space planning, inventory management, or finance, 1-2 years of supervisory experience.
  • Preferred: 6+ years of retail experience in merchandise planning, merchandising, space planning, inventory management, or finance, 3+ years of supervisory experience.
Working Conditions
  • This role requires in-person attendance 4 days a week at the Store Support Center (SSC) located in Hudson, OH.
  • Sit or stand at a workstation for extended periods while maintaining focus and productivity.
  • Move around an office space and between buildings on a large campus, including reaching for files, retail product, supplies, or equipment, as well as the ability to adapt to various workstation setups.
  • Work standard business hours and extended hours as needed based on task and project demands.
  • Utilization of all communication styles - written, verbal, electronic options.
  • Lift and carry office supplies, documents, retail product, or equipment weighing up to 20 pounds as needed for tasks such as organizing or setting up workstations.
Knowledge, Skills, and Abilities
  • Effectively manage the analysis of sales trends, gross margin, inventory, and OTB levels.
  • Monitor weekly performance to sales, inventory, and margin targets.
  • Partner with merchant teams to identify business opportunities and risks to sales and margin.
  • Effectively manage inventory levels to ensure optimal stock levels and minimize overstock or stockouts.
  • Ability to execute initiatives and balance priorities, results-driven, and sales-focused, organized with an ability to prioritize a variety of tasks.
  • Ability to use historical data for developing pre-season buy plans through partnership with buyers.
  • Able to communicate merchandise plans and strategies to key stakeholders, including senior management, buying teams, and store support teams.
  • Team player with excellent communication skills, knowledge of retail industry, analytical skills, financial acumen, independent decision-making, problem identification, and resolution skills.
  • Able to identify and implement process improvements to increase efficiency and effectiveness of merchandise planning processes.
  • Skillset with MS Office programs, specifically Word, Excel, Access, and PowerPoint.
  • Knowledge of replenishment, forecasting, and allocation fundamentals.

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