EC Merchandising Planner - FAST RETAILING Co. : Job Details

Position Overview:

We are looking for a Junior Merchandise Planner to join the Merchandise Planning Team. This position is responsible for meeting or exceeding sales and profit objectives working in partnership with E-commerce team and manage multiple ad hoc projects related to overall E-commerce channel planning and strategies.

Job Description:

• Manage both pre-season and in-season sales plan by sku level weekly, monthly and seasonally
• Build financial sales, gross margins and inventory plans at a weekly level on a seasonal basis.
• Provide significant analysis to support seasonal planning decisions and directions, inventory aging, full priced and markdown selling and gross margin, transfers, and sku productivity.
• Identify opportunities and implement processes to create efficiencies across the department
• Communicate and partner cross-functionally to inform and support E-commerce business
• Reviews e-commerce communications and participates in reviewing advertising effectiveness analysis with site team, email team and marketing team.
• Review key conclusions on style productivity and assortment breadth resulting from performing assortment analytics.
• Support Planning Projects through the development of action focused solutions based on analysis. Presents findings and proposed actions to cross functional team members and business leaders.
• Manage workload and schedule to support and meet all deadlines with accuracy
• Create pricing strategy by item that maximizes sales and gross profit
• Reforecast business in-season based on current performance, present revised projections and recommendations to cross functional partners and senior leadership
• Create allocation strategies, incorporating the merchandise plan and flow strategy to meet store inventory needs.
• Create and plan product assortments (item, color, size) for each product category
• Manage replenishment plans to ensure that sales are optimized and stores are without missing skus
• Place orders for both seasonal and replenishment product buys
• Collaborate with cross functional departments, ie. Marketing and Store Operations, to ensure success of product strategies

Requirements:

• Bachelor's degree with 3-5 years of experience in buying/planning/inventory management or financial forecasting
• Strong analytical and mathematical skills
• High level of experience and proficiency in Excel
• Proficiency in other Microsoft Office products- Word, PowerPoint, Outlook
• Excellent analytical and mathematical proficiency with strong business and financial analysis skills
• Ability to prioritize and handle multiple tasks
• Strong attention to detail
• Excellent communication skills needed both written and verbally
• Other duties as assigned by supervisor

Salary: $75,000 - $88,000 annually*