Job Description
About the position
- Responsibilities
- Manage Brand Planning for pre-season and in-season timeframes to meet in-stock targets.
- Create pre-season Brand Budget Plans in partnership with Inventory Directors, Merchants, and Vendors.
- Develop new brand strategies, projected sales, inventory needs by SKU, and order flow setups for launch timeframes.
- Own accurate monthly in-season Open to Buy (OTB) sales, gm%, receipt, and inventory adjustment projections.
- Reconcile OTB Sales and Receipt projections with Replenishment/Demand Planning system forecasts.
- Present at monthly cross-functional OTB meetings.
- Partner with Demand Planning on forecast alignment and strategy.
- Guide Merchandise Planning Assistants to prioritize newness and important orders, and communicate delays in key launches.
- Analyze and validate sales and inventory needs for key initiatives, animations, and promotions.
- Conduct Newness hindsight and key initiatives analysis on a seasonal basis.
- Develop liquidation strategies for exit brands/collections or overstock.
- Maintain consistent communication with vendors regarding sales performance and outstanding issues.
- Validate productive assortment through analysis and recommendations in collaboration with the Merchandising Team.
- Requirements
- 2-5 years of Planning experience.
- Excellent technical skills in MS Office, specifically Excel and Word.
- Ability to generate new ideas and find solutions to business challenges in merchandising, operations, and finance.
- Proven ability to interpret and synthesize data into intelligent business decisions.
- Detail-oriented with strong organizational and task management skills.
- Clear and concise written, verbal, and presentation skills.
- Good negotiation skills.
- Strong problem-solving and analytical skills.
- Ability to handle multiple priorities in a fast-paced environment.
- Nice-to-haves
- Experience in the beauty or retail industry.
- Familiarity with inventory management systems.
- Benefits
- Dental insurance
- Disability insurance
- Employee discount
- Flexible spending account
- Health insurance
- Life insurance
- Paid time off
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