Salary
💰 $105,000 - $115,000 per year
About the role
- Merchandise Planning / Inventory Management
- Drive sales and inventory strategies across assigned categories, while also personally managing merchandise planning for a smaller product category.
- Lead a team of direct reports, providing regular feedback, coaching, and support to ensure their professional growth and performance.
- Contribute to the evolution of planning tools and processes to drive efficiency and enhance decision-making.
- Develop and manage top-down and bottom-up merchandise plans aligned with strategic business goals and financial targets.
- Partner with merchants, sourcing, and design teams to build pre-season financial plans and detailed style-level forecasts.
- Own the open-to-buy process, ensuring optimal inventory levels to support sales, margin, and inventory turnover goals.
- Reforecast in-season plans based on current performance, identifying risks and opportunities and recommending actions to improve results.
- Provide business insights through regular pre-, in-, and post-season analysis, identifying key drivers and implementing learnings for future planning cycles.
- Evaluate performance at the product level to inform decisions on reorders, cancellations, or inventory shifts.
- Collaborate with sourcing to deliver accurate seasonal and long-range forecasts that support production and delivery timelines.
Requirements
- Minimum 5 years of merchandise planning experience in a retail environment.
- Experience managing and developing direct reports.
- Strong analytical, mathematical and problem-solving skills and proficiency with retail math.
- Advanced Microsoft Excel skills.
- Prior experience working with planning and inventory systems preferred.
- Detail-oriented with strong organizational and time management skills.
- Ability to use sales financial data to make decisions and maximize profitability.
- Ability to maintain highly effective working relationships with cross-functional teams.
- Strong interpersonal skills including ability to influence and negotiate effectively.
- Bachelor’s degree in Business, Finance, Supply Chain or equivalent experience in related discipline.