Merchandise Planner

Fabletics

$80K — $103K *
Retail & Consumer Goods
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in business or finance preferred
  • Minimum 4 years of planning and inventory management experience
  • Solid understanding of financial measurements such as sales and inventory turn
  • Expertise in retail math and Open-to-Buy (OTB) planning
  • Advanced proficiency in Microsoft Excel
  • Excellent analytical and presentation skills
  • Ideally, foundational AI literacy with experience in generative AI tools.

Responsibilities

  • Develop and maintain merchandise plans across multiple product categories
  • Manage financial success by meeting sales goals and maintaining inventory levels
  • Analyze actual sales results against forecasts regularly
  • Identify in-season risks and opportunities, offering actionable recommendations
  • Communicate monthly Open-to-Buy forecasts to key stakeholders
  • Design promotional strategies to optimize inventory productivity
  • Create quarterly hindsight reports to guide future assortment strategies

Benefits

  • Hybrid work schedule
  • Discretionary paid time off
  • Summer Fridays
  • Comprehensive healthcare plans
  • Employee discounts
  • 401k retirement plan
  • Annual bonus program
  • Equity program offerings
Full Job Description
Job Description

How Do You Fit In?

As the Merchandise Planner - Women's, you will be responsible for OTB planning and analysis, inventory management, and performance reporting for the ecommerce channel. In addition, the Merchandise Planner will help drive the team's success by providing insight and analysis into detailed planning KPIs. The right candidate will be detail oriented, analytical and work well in a team environment. This role is critical to the growth of Fabletics and will play an intricate role in the Planning department as well as work closely with the Merchandising, Marketing, Production and Finance teams.

What You Will Do:
  • Develop and maintain annual, seasonal, and monthly merchandise plans for multiple product categories
  • Manage the financial success of the business by meeting sales goals and maintaining healthy inventory levels
  • Recap and analyze actual sales results vs plan and forecast in-season sales and inventory on a weekly, monthly, and quarterly basis
  • Quantify in-season risks and opportunities and make recommendations to merchant team and management to drive results
  • Communicate monthly Open-to-Buy forecasts & supporting action plans to management and cross functional teams
  • Develop effective promotional strategies to optimize inventory productivity and maintain healthy turns
  • Create category level quarterly hindsight reports to drive strategic assortment decisions for future investments
  • Provide insights and recommendations to key stakeholders for future season planning
  • Prepare innovative ad-hoc financial analysis for management as needed
  • Develop and maintain effective working relationships with cross functional team members


What You Can Bring:
  • Bachelor's degree, business/finance degree preferred
  • Minimum of 4 years of planning and inventory management experience
  • Solid understanding of financial measurements including: sales, gross margin, inventory turn, ST%, weeks of supply and how to impact them
  • Expertise in retail math and OTB planning
  • Advanced proficiency in Microsoft Excel
  • Excellent analytical skills
  • Flexible and adaptive to changing priorities; ability to organize and prioritize workload to meet deadlines
  • Ability to build and maintain productive relationships with peers and cross-functional teams
  • Ability to work independently on simultaneous projects in a fast-paced environment
  • Ability to work under pressure in an environment of constant change and shifting priorities.
  • Excellent presentation skills
  • Excellent time-management and organizational skills
  • Ideal candidate brings foundational AI literacy, including experience using generative AI tools, and a proactive mindset to experiment with new technologies to drive productivity and innovation.


Where we are:
  • This role will be based in our El Segundo Headquarters


Compensation & Total Rewards:

At Fabletics, we believe work and life should fit together! We continue to build a culture of flexibility, to empower you to do your best and put yourself first. Our Total Rewards program rewards employees for their hard work, supporting their health, well-being, families, and ultimately their life journey. Total Rewards at Fabletics includes:

-Hybrid Work Schedule*

-Discretionary Paid Time Off*

-Summer Fridays*

-Healthcare Plans

-Employee Discounts

-401k

-Annual Bonus Program

-Equity Program*

-And More

*Varied for retail, fulfillment and fully remote roles.

The annual base salary range for this position is from $80,136-$103,800. The range provided includes the base salary that Fabletics expects to pay for the role. Offered base salary will be dependent on factors including the scope and complexity of the role, candidate's related work experience, subject matter expertise and work location.

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