Chico's FAS

Manager, Merchandise Planning (WHBM)

Chico's FAS$100K — $120K *
Retail & Consumer Goods
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in finance, operations, or business strongly preferred
  • 7+ years of planning or financial analysis experience in specialty retail - women's apparel strongly preferred
  • 3-5 years of merchandise planning, allocation, merchandising/buying or financial management experience
  • Strong problem-solving and analytical skills; strong aptitude with numbers and retail math skills
  • Strong communication and presentation skills for diverse audiences
  • Experience in building cross-functional partnerships and influencing stakeholders
  • Proven ability to negotiate effectively
  • Experience in leading and developing a results-oriented team
  • Demonstrated success in achieving financial targets
  • Proficiency in Microsoft Word, Excel, and dynamic modeling replenishment systems; SAP experience is a plus

Responsibilities

  • Oversee the development and revision of sales and profit category plans aligned with financial strategies
  • Analyze data and trends to identify business risks and opportunities
  • Recommend merchandise flow strategies for seasonal sales and profitability
  • Lead cross-functional teams in addressing business opportunities and risks
  • Provide insights for driving business goals in planning meetings
  • Develop and project product needs for manufacturing on a rolling basis
  • Drive analytical excellence through new reporting and methodologies
  • Share business information, risks, and recommendations with leadership
  • Empower and guide a diverse planning team to excel

Benefits

  • Values individuality and diverse talents within the team
  • Opportunities for professional growth and development
  • Cross-functional collaboration with different brands
  • Impactful role contributing to financial targets
  • Access to advanced planning and analytics tools
Full Job Description


POSITION OBJECTIVE:

This position is responsible for managing the merchandise planning team which includes analyzing current business trend, market feedback, historical data and recommending course corrections and improvements based on these assessments. This position serves as the key liaison with the Merchant of the businesses they support in the development of the plans to achieve agreed upon financial targets. This position coaches and develops a team of Planners.

FUNCTIONAL RESPONSIBILITIES:
  • Oversees the development, analysis, and revision of category plans for sales, margin realization, inventory and profit (tops down and bottoms up) aligning to financial strategies/targets.
  • Analyzes historical data and current trends to identify risks and opportunities to business and recommend strategies to achieve financial goals.
  • Recommends seasonal merchandise flow strategies that maximize sales, profitability and customer expectations.
  • Supports and leads cross-functional team in managing opportunities and risks in critical business meetings/milestones.
  • Provides analysis related to driving business goals (e.g. hindsights, color-selling, etc.) in weekly business meetings and monthly planning meetings.
  • Partners with leaders to develop projected product quantity needs for mills and factories as required on a rolling 12-month basis.
  • Drives analytical excellence by managing the development of new reporting and approaches.
  • Manages information, opportunity and risk of the business and shares with leader, along with recommendation for solves, if necessary.
  • Values individuality and the diverse talents of their team. Leads the team by communicating expectations, providing guidance, delivering feedback, and empowering the team to be their best.


This position may be found in multiple brands. Some duties may vary from brand to brand.

QUALIFICATIONS:

  • Bachelor's degree in finance, operations, or business strongly preferred
  • 7+ years of planning or financial analysis experience in specialty retail - women's apparel strongly preferred
  • 3-5 years of merchandise planning, allocation, merchandising/buying or financial management experience
  • Strong problem-solving and analytical skills; strong aptitude with numbers; retail math skills, understanding of forecasting methodology
  • Strong communication and presentation skills concisely presents complex information/recommendations in terms meaningful to various audiences
  • Builds collaborative partnerships cross-functionally; identifies/influences critical stakeholders
  • Ability to negotiate and influence effectively
  • Ability to effectively lead and develop results-oriented team
  • Proven track record in managing a business to achieve financial targets
  • Proficient in Microsoft Word, Excel and dynamic modeling replenishment systems; Planning systems and SAP experience a strong plus


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About Chico's FAS

Chico's FAS, Inc. is an American women's clothing and accessories retailer. The company was founded by Marvin and Helene Gralnick and is headquartered in Fort Myers, Florida. Chico's FAS operates three brands: its namesake Chico's, White House Black Market, and Soma. The company operates more than 1,500 boutiques and retail stores throughout the United States and Canada and sells merchandise through franchise locations in Mexico. Chico's FAS also has an online presence for each of its brands.
Learn more about Chico's FAS
Size
4,191 employees
Market Cap
$587.9 million
Industry
Net Income
-$360.1 million
5 Year Trend
-6.1%
Revenue
$1.3 billion
NASDAQ

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