OverviewThe Merchandise Planner is responsible for developing and maintaining strategic plans by brand or category that drive sales for a particular area of the business. By partnering with the Buyer, producing meaningful analysis, and accurately forecasting, the Merchandise Planner’s goal is to maximize opportunities and minimize risks. In addition, the Merchandise Planner will lead special projects and mentor junior teammates in the department.
Responsibilities
- Develop and communicate pre-season sales, stock, and margin plans by brand or category based on historical data and current trends that support total company objectives.
- Manage area OTB to maintain appropriate stock levels, capitalize on emerging sales trends, and guide receipt flow to ensure volume driving product is received in timely manner.
- Re-forecast (sales, margin, and turn) OTB on a weekly basis and conduct weekly meetings with buyers and allocators to discuss current business and plans of action as a team.
- Manage Ladder Plans for key items within area of responsibility to ensure appropriate stock levels are met throughout the year.
- Leverage Business Intelligence tools to develop relevant reporting and meaningful ad-hoc analysis to support buying team during pre-season and in-season time periods.
- Analyze size selling by market in order to determine appropriate size runs for orders shipped to distribution center.
- Present category performance and go-forward strategies to management and entire Merchandising department with concise recaps and sound action plans.
- Partner with Buyer and develop seasonal business plans that lay groundwork to achieve plan results through identifying growth, maintain, and down-trending brands or categories.
- Use experience and creativity to address business issues or opportunities; recommend thorough plans of action.
- Work closely with Buyers and Allocators to react to any opportunities or risks uncovered at the store level.
- Take ownership of special projects and relay conclusions or strategies to management.
Qualifications
EDUCATION and/or EXPERIENCE REQUIREMENTS:
- Minimum of 5 years retail planning experience.
- High School diploma or equivalent required; 4-year college degree (bachelor’s degree) school is preferred.
- Strong computer skills; particularly Excel and Word.
COMMUNICATION SKILLS:
- Must be comfortable leading presentations and meetings pertaining to area of responsibility.
- Excellent interpersonal skills and ability to lead.
MATHEMATICAL SKILLS:
- Strong Retail Math knowledge is a must. Candidate must understand all elements of OTB, as well as calculations for all metrics (sell-through, turnover, margin, AUR, etc.)
REASONING ABILITY:
- Ability to define problems and recommend plans of action using factual information.
- Strong analytical skills
OTHER SKILLS and ABILITIES:
- Ability to remain flexible, prioritize, and respond to changing requests from management and cross functional team.
- Ability to effectively communicate with all levels of staff and management.
- Be an independent and self-motivated team player.
Benefits
The annual base salary range is $90,000 – $125,000 / year. This range represents the anticipated low and high end of the salary for this position. Salary will be determined by the education, experience, knowledge, skills, and abilities of the applicant, internal equity, and alignment with market data. Salary is one component of the Foot Locker, Inc. total compensation package, which includes the below.
- Paid Time Off, Paid Parental Leave
- Life, Medical, Dental, and Vision Coverage – Individual and Family Plans
- Self-Development & Recognition Programs
- Advancement Opportunities
- 401k Retirement Plan and HSA Contributions
- 30%-50% Employee Discount - Friend & Family Events
- Community Engagement Opportunities
The above statements are intended to describe the general nature and level of work being performed by people assigned to this job. They are not intended to be construed as an exhaustive list of all responsibilities, duties and skills required.
This is a hybrid position with in0office work on Monday, Wednesday, and Thursday in our Gardena, CA office.
