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Merchandise Planner
13 hours ago
We have an immediate opening for an energetic, passionate & experienced Full Time Professional to join our Planning and Allocation team as a Merchandise Planner.
This position will partner with the Buyer and Supervisor to support company goals and objectives for the planning function. The Planner has a direct, high impact on sales, gross margin and inventory dollars for their area of responsibility.
Job Qualifications:
Bachelor's Degree in Fashion Merchandising, or similar required.2+ years business experience with progressive responsibility in merchandising experience that includes planning, buying or inventory management experience is requiredPlanner Level: 2+ yrs experienceStrong interpersonal, written & verbal skills and ability to operate as a business partner across multiple functions is required.Strong analytical skills with the ability to interpret meaningful trends from quantitative and qualitative data.Excellent attention to detail and quality of work.Financial and general business acumen, cost/benefit analysis and inventory life cycle knowledge are essential.Strong working knowledge of Excel and BI reporting systems as a majority of the daily work will be done using these tools.Solid experience in leading and team building skills, including mentoring, training, and development by providing on-going coaching.Responsibilities:
Responsible for translating Financial Targets and Product Strategies into product level Sales, GM, and Inventory targets by Brand and Channel.Plan and Track Key Metrics (KPI's) by Brand and Channel.Support Merchandising with the architecture of the Product Assortment Strategy, breadth and depth and product category requirementsCompletes productivity analysis by Style to support the Merchant Buy Decisions.Responsible to Hindsight the Business - determine what worked and what did not work and why. Make recommendations to Drive sales and improve GM.Manage with Planning Teams and Merchandising Formalized Test Process.Manages and facilitates monthly Sales, GM, and Inventory plan and forecast process. Provides Finance with monthly forecasts by Brand and Channel and Product to complete P&L and Balance sheet.Support Merchandising with Sales and GM analysis by style as part of the Buy Process to ensure overall product targets are achieved.Analyzes the business and identifies risks and opportunities with the Brand and Channel level forecasts. Make recommendations to insure plans are achieved.Manage Sales and Inventory to planDevelops and Analyzes standard product level reporting highlighting performance against Sales, GM and Inventory Targets.Works with Merchandising and Supply Chain to support Pre-Season Style Planning for capacity and raw materials procurement.Support Retail Pricing Decisions both Initial Price and recommended Clearance Pricing to insure Sales and GM targets are achieved.Responsible for translating Financial Targets and Product Strategies into product level Sales, GM, and Inventory targets by Brand and Channel.Works with Merch Planning Team, Merchandising & Store Planners on liquidation strategies for aged, discontinued and overstocked inventory.Other Information:
The pay range for this position is: $80k - $90k per year. Please note that the foregoing compensation information is a good-faith assessment associated with this position only and is provided pursuant to the New York City Salary Transparency Law.
This position is not eligible for relocation. Local Candidates only. Please include salary requirements.
G-III Retail Group is a division of the G-III Apparel Group.
Being successful at G-III Retail Group means putting the best ideas to work, taking action and following through. You will be challenged by smart, committed co-workers and pushed to be your best. This is a place where your individual talents and creativity make a difference. We are a dynamic company that provides competitive salary and excellent benefits including medical, dental, 401k, life, disability and more
Equal Opportunity Employer
G-III Retail Groups family of retail stores include: DKNY, Donna Karan, Karl Lagerfeld Paris, G.H. Bass & Co., Andrew Marc & Wilsons Leather
