Role: Merchandise Planner (Fashion)
Location: Remote (Company HQ is PST. Employees in PST and MT preferred)
Salary: $80K – $90K
Overview
The Merchandise Planner is responsible for managing the pre-season and in-season sales and inventory plans for a brand. The Merchandise Planner collaborates closely with their Buying partners to develop brand merchandising strategies and open-to-buy plans, allowing for smart buying decisions in the delivery of fast fashion.
Essential Duties and Responsibilities
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Responsible to drive the financial success by managing sales, gross margin, and inventory turn goals to meet or exceed financial objectives
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Analyze records of past and present financial data and trends to project future KPI performance, sales and merchandise margins at the monthly, weekly and daily level
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Drive pre-season and in-season strategies by identifying company level opportunities
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Develop promo and pricing strategies that support brand strategies and drive sales and margin performance to meet financial goals
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Responsible for open-to-buy activities for an entire brand; Manage the reconciliation of bottoms-up plans and tops-down Company Planning forecasts and budget; Present OTB forecasts to the Head of Planning.
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Ensure timely reaction to business trend in-season with appropriate shifts in sales and inventory forecasts and develop action plans to maximize opportunities and mitigate risk
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Proactively identify business opportunities and communicate cross-functionally to ensure effective execution of plans and course correction when necessary
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Create and maintain ad hoc reporting tools.
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Develop processes to ensure consistency in use of best practices and deliveries within deadlines
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Take active role in brand initiatives in optimizing systems and tools to maximize efficiency
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Lead discussions in key milestone meetings including weekly business update, monthly OTBs, and quarterly hindsight meetings
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Collaborate closely with and build trust among cross functional partners in Merchandising, Finance, Marketing, Site Merchandising to build best practices and execute against brand strategies
Skills & Qualifications
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Bachelor's degree or equivalent experience
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4+ years of retail merchandise planning or inventory management experience
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Demonstrated success at building business partnerships and ability to influence and effectively negotiate with cross functional teams
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Ability to evaluate business trends and draw actionable conclusions to maximize business opportunities; anticipate risks and develop plans and processes to reduce exposure
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Ability to set priorities and clear objectives that ensure team goals and objectives are met or exceeded
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Demonstrated success in identifying and communicating opportunities in process improvement
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Ability to organize and present complex ideas
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Ability to move analysis into action; can leverage learnings to build brand plans and strategies
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Creative approach to problem solving with a focus on driving sales; demonstrated ability to track performance and measure results
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Possess exceptional organizational and time management skills
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Passion for fast fashion retail; possess the agility, attention to detail and sense of urgency required to work in a fast-paced and changing environment
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Broad based business acumen
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Proficient in retail math
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Advanced Excel skills and ability to work with large sets of data and produce ad hoc reports and tools