
Demand Planner
Rowan
full-time
Posted on:
Location Type: Hybrid
Location: New York City • New York • United States
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Salary
💰 $90,000 per year
About the role
- Develop and maintain strong relationships with inventory and buying departments to deeply understand business performance at the item level.
- Collaborate with relevant teams to develop item, category-level and subcategory strategies, enhancing overall business effectiveness.
- Develop and maintain accurate demand forecasts by analyzing sales trends, seasonality, promotions, and market intelligence.
- Monitor forecast accuracy and identify root causes of forecast errors; implement continuous improvements.
- Maintain SKU-level forecast data and support new product introductions and phase-outs.
- Prepare and present reports and dashboards on forecast performance, inventory metrics, and demand trends.
- Lead Open to Buy (OTB) discussions, identifying and focusing on business drivers, opportunities, and strategic initiatives.
- Oversee markdown management and inventory health, including pre-season buying budgets, in-season replenishment, pricing strategies, and procurement forecasts.
- Conduct comprehensive financial forecasting, including item-level planning, annual operating plans, and regular forecasts of sales, receipts, gross margin, and inventory positions across various timeframes and categories.
- Conduct detailed analyses to support strategic initiatives and regularly review business performance, providing actionable insights and recommendations for improvement.
- Understand and anticipate customer behavior and market trends to influence demand and adjust category vision and strategies accordingly.
- Perform detailed vendor analysis to support and inform negotiations.
- Communicate effectively to align and influence cross-functional stakeholders, ensuring collaboration with Allocation, Finance, Marketing, and Operations teams to meet collective goals.
- Drive initiatives aimed at maximizing sales potential and continuously seek opportunities to improve overall business performance.
- Run financial modeling to support informed buying decisions, incorporating assumptions, expectations, and known risks.
- Ensure structured reporting deliverables are met, evaluating reports for accuracy, performance efficiency, and adherence to best practices.
- Provide timely and accurate re-projections based on current trends to effectively manage inventory and drive margin.
- Interface with key departments to ensure cross-functional goals are met.
- Exhibit initiative to look beyond the everyday business to identify opportunities to maximize sales potential.
- Perform all other duties as assigned, demonstrating flexibility and adaptability to changing business needs and expectations.
Requirements
- Bachelor’s degree in Merchandising, Finance, Business, Accounting or similar field or equivalent experience.
- 3-5 years’ experience in merchandise planning, inventory management, analytics, planning, business management, omni-channel merchandising, or related area.
- Very strong analytically with strong communications and presentation skills; ability to present complex information to various audiences.
- Excellent attention to detail, organizational skills, time management, and influencing cross functionally.
- Strong executive presence with the ability to partner and challenge simultaneously.
- Proficient in Microsoft Applications (i.e., Excel, PowerPoint, Word).
- Entrepreneurial spirit - excited by the challenges that come along with building brands.
Benefits
- Medical/Dental/Vision Health Plans
- Long-term Disability
- Life Insurance
- 401k and Roth IRA Plans
- Paid Parental Leave
- Open PTO policy
- Employee discounts on our amazing products!
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard skills
demand forecastingfinancial forecastinginventory managementmerchandise planningdata analysisvendor analysisfinancial modelingSKU-level forecastingmarkdown managementbusiness performance analysis
Soft skills
analytical skillscommunication skillspresentation skillsattention to detailorganizational skillstime managementinfluencing skillsexecutive presenceinitiativeadaptability