nn Job Summary: nn nnThe merchandise planner will develop, execute and communicate merchandise financial plans and strategies that support the merchandising, marketing, and financial objectives of a department.nn nn nn nn Key Roles & Responsibilities: nn nn nn nn· Manage the financial success of a department by meeting sales, gross margin, and inventory turn goals.nn nn· Analyze historical data and current trends to identify risks and opportunities by department and class.nn nn· Collaborate with merchandising to develop and communicate a comprehensive strategy that aligns future financial and product opportunities by department and class.nn nn· Create pre-season plans that support department strategies.nn nn· Recap and analyze actual sales results to plan, forecasts in-season sales and inventories on a weekly/monthly/quarterly basisnn nn· Develop monthly forecasts of sales and inventory for all basic styles and develop strategies to meet department financial goals.nn nn· Own open to buy forecastsnn nn· Present financial forecast and supporting action plans in open to buy/monthly forecast meetingnn nn· Participate in company and Brand initiatives as appropriatenn nn· Communicate financial results, forecasts, and action plan to the manager and cross-functional team on a weekly basis.nn nn· Provide pricing and promotional recommendations that align with department financial goalsnn nn· Present financial plans, forecasts and strategies in key meetingsnn nn· Support a collaborative, innovative and results-oriented environment with peers and cross-functional teams.nn nn· Provide manager with timely feedback on personal development and training needsnn nn· Collaborate with peers to ensure consistency of information, share best practices and develop systems knowledge.nn nn· Develop and maintain effective working relationships with members of the cross-functional team nn nn· Prioritize and set expectations around key deliverables with cross-functional team and peers.nn nn· Provide site recommendations regarding product placement and maximization of trend performancenn nn nn nn Qualifications & Competencies: nn nn nn nn· Bachelor’s degree or equivalent experience requirednn nn· 1-3 years of retail buying, planning or related analytical experiencenn nn· 1-2 years experience as a planning Analyst or equivalentnn nn· Demonstrate strong analytical and problem solving skillsnn nn· Able to develop and maintain strong working relationship with peers and cross-functional teamsnn nn· Flexible and adaptive to changing prioritiesnn nn· Able to organize and prioritize workload to meet deadlinenn nn· High level of proficiency with Microsoft Excel and strong aptitude to learn technical applications quicklynnThe post Merchandise Planner first appeared on Novagg.
