Merchandise Planner, Pants & Skirts

$85K — $90K *
Retail & Consumer Goods
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 3-4 years of experience in merchandising planning, including buying and allocation knowledge.
  • Undergraduate degree in finance, economics, accounting, business, or related field; MBA is a plus.
  • Strong technical skills in MS Office, especially Excel and Word.
  • Experience in retail, both in stores and direct.
  • Customer-centric with an understanding of market trends and customer needs.
  • Ability to build strong relationships with cross-functional teams.
  • Proficient in financial metrics such as sales, inventory turn, and understanding their impacts.

Responsibilities

  • Manage departmental success through weekly OTB re-forecasting to address trends and risks.
  • Develop financial classification plans and key items plans for sales, margin, and inventory.
  • Identify issues and opportunities in product mix using analysis and problem-solving skills.
  • Recommend markdown and liquidation strategies to enhance store profitability.
  • Work with the merchant team on pre-season strategies that align financial and product opportunities.
  • Participate in line-building processes and projects aimed at systems improvement.
  • Align style/color plans with merchandising strategies and financial targets.

Benefits

  • Merchandise discount at select KnitWell Group brands.
  • Support for individual development and career mobility within brand family.
  • Opportunities for local volunteer work and annual contributions to nonprofits.
  • Medical, dental, vision insurance & 401(K).
  • Employee Assistance Program (EAP).
  • Paid time off and holidays.
  • Hybrid working model with three days in-office and two days remote.
Full Job Description

About the role

The Merchandise Planner plays a key role in the pro-active management of the business to maximize sales, margin and inventory through strategic end-to-end optimization across all customer channels (direct consumer business), accountable for, by channel, pre-season and in-season. The Planner builds financial sales, gross margin and inventory plans for multiple departments in a given area.This work requires strong analytical and story-telling skills, the ability to build close partnerships with other functions, and a focus on executing best-in-class customer experience while delivering/exceeding financial targets.

The impact you can have

  • Accountable for departmental success. Responsible for OTB re-forecasting at a weekly level to reflect trends, alignment with company direction, and solutions for risks and opportunities.

  • Through analysis, strategic thinking, and collaboration develop the financial classification plans/key items plans for sales, margin and inventory.

  • Proactively identify issues and opportunities within product mix and use analytics and creative problem solving to drive profitable solutions.

  • Actively recommend markdown and liquidation strategies to maximize store profitability.

  • Collaborate with the merchant team to develop and communicate a comprehensive pre-season strategy that aligns financial and product opportunities across multiple departments, inclusive of style/sku targets, in-store dates, good/better/best framework, key attribute, and season code (time on offer).

  • Participate in all aspects of line building process with Merchandising Lead or participate in department projects to improve systems or efficiencies.

  • Ensure alignment of top/down and bottoms/up style/color plans with merchandising strategies and financial targets.

  • Partner with the Inventory Planning team to maximize profitability through pre-season store cluster analysis, initial allocation, DC management, and in-season management.

  • Drive profitability through leading and executing promotional and markdown strategies which align with divisional and brand financial goals.

  • Analyze business weekly as it relates to last forecast and last year, identify trends and highlight selling that exceeds or falls short of expectation.

  • Collaborate with other planners to drive consistency and best practices throughout the organization.

Youll bring to the role

  • Minimum 3-4 years of experience years of experience in planning which includes knowledge of buying and allocation. Retail experience preferred.

  • Undergraduate degree in finance, economics, accounting, business or related field-- MBA a plus

  • Excellent technical skills 6 MS Office (specifically Excel, Word)

  • Stores and/or direct experience required.

  • Customer-centric focus with understanding of customer needs and ability to understand market trends.

  • Ability to build strong relationships with a diverse group of cross functional partners and cascade the proper level of information to support decision making.

  • Possesses a clear understanding of financial measurements; sales, weeks of supply, inventory turn, sales thru and how to impact them.

  • Proven ability to interpret and synthesize data into intelligent business decisions.

  • Strong organizational and time management skills; able to handle multiple priorities.

  • Strong verbal and written communication skills

  • Ability to work in fast-paced, often-changing environment

Benefits

  • You will be eligible to receive a merchandise discount at select KnitWell Group brands, subject to each brands discount policies.

  • Support for your individual development plus opportunities for career mobility within our family of brands.

  • A culture of giving back 6 local volunteer opportunities, annual donation and volunteer match to eligible nonprofit organizations, and philanthropic activities to support our communities.*

  • Medical, dental, vision insurance & 401(K).*

  • Employee Assistance Program (EAP).

  • Time off 6 paid time off & holidays.*

  • The target salary range for this role is: $85,000 - $90,000

*Any job offer will consider factors such your qualifications, relevant experience, and skills. Eligibility of certain benefits and associate programs are subject to employment type and role.

  • Hybrid: This position works in a hybrid model, with three days per week worked in the Times Square Tower corporate office location in New York, NY and two days per week worked remotely.

Applicants to this position must be authorized to work for any employer in the US without sponsorship. We are not providing sponsorship for this position.

#LI-LL1

Location:

Times Square Tower-ANN-New York, NY 10036Position Type:
Regular/Full time

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