L brands

Senior Assortment Planner - International

L brands • $88K — $105K *
Reynoldsburg, OH 43068In-Person
Retail & Consumer Goods
5 - 7 years of experience
Today
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Job Overview by Ladders

Qualifications

  • 5+ years in merchandise or centralized planning
  • Excellent analytical and statistical analysis skills
  • Strong command of retail finance concepts
  • Demonstrated leadership and decision-making abilities
  • Effective communication and organizational skills
  • Proficiency in Microsoft Office Suite and Data Warehouse
  • Bachelor's degree in a business-related field

Responsibilities

  • Report and analyze tier performance monthly and seasonally
  • Create and maintain sales and margin targets at the category level
  • Develop financial views on assortment productivity by category
  • Collaborate with space planning on productivity benchmarks
  • Align financial recommendations with merchant visual strategies
  • Maintain financial benchmarks of style/choice productivity
  • Analyze store tier information and recommend changes accordingly
  • Evaluate fixture productivity and make alignment recommendations
  • Optimize inventory and sell-through through choice productivity analysis
  • Recommend assortment groups based on local store data
  • Champion change and demonstrate flexibility as needed

Benefits

  • Comprehensive health benefits package
  • Retirement savings plans with company match
  • Employee discount programs
  • Professional development opportunities
  • Flexible work arrangements
  • Paid time off and vacation days
Full Job Description
Your Role:

The Sr. Assortment Planner generates and analyzes statistical data on a multi-million-dollar category with a focus on assortment and space optimization. Responsibilities include revise tier/segment targets for a merchandise area in support of the critical business initiatives and budget objectives, develop a financial view of recommended style and choice count by tier, classification and attribute, and utilizes space productivity measurements to drive assortment decisions. Reports to AVP, Merchandise Planning & Allocation.

Your Impact:

  • Report and analyze current tier performance on a floor set, monthly and seasonal basis. Review for opportunities based upon assortment, promotional or launch cadence.
  • Create and maintain tier targets in sales dollars, units and margin at a category level in accordance with each buy milestone.
  • Create a financial view of assortment productivity by tier with recommended style and choice counts.
  • Partner with space planning on productivity benchmarks and association with assortment.
  • Partner with merchants to align financial recommendation with visual impression.
  • Partner with merchandise planning to align chain financial and CC count with tier financials and CC count.
  • Develop and maintain financial benchmarks of style/choice productivity by category and class.
  • Analyze store tier information, making recommendations by store based on volume and space, as well as maintain store lists reflecting store tier changes.
  • Review productivity by fixture and cabinet at the store / store tier level and make recommendations in alignment with capacity requirements.
  • Analyze choice productivity and target weeks of supply to establish choice targets that optimize inventory productivity and sell-through.
  • Evaluate fashion versus basic productivity by tier and provide merchants with guidance on fashion refresh rates to optimize inventory and minimize markdowns.
  • Analyze store and sub-brand productivity to recommend the optimal number of assortment groups, then leverage store-level data to assign localized assortment groups and tier assortments based on customer preferences and store productivity.
  • Champion change, taking risks as needed and demonstrating flexibility


Click here for benefit details related to this position.

Your Experience:

  • 5+ years of experience in merchandise or centralized planning
  • Excellent analytical skills
  • Expert command of retail finance concepts and applications
  • Strong statistical analysis and communication skills
  • Excellent organizational, prioritizing and problem-solving skills
  • Demonstrated leadership and decision-making skills
  • Ability to work well within a team environment
  • Proficient in Microsoft Word, Excel and Access
  • Strong system skills capabilities and proficiency in Data Warehouse
  • Bachelor's degree in business related field


About L brands

Bath & Body Works, Inc. is an American specialty retailer based in Columbus, Ohio. It owns Bath & Body Works, posted $11.9 billion in revenue in 2021, and was listed as 248 on the 2020 Fortune 500 list of largest United States companies by revenue. In February 2020, L Brands announced the planned sale of its Victoria's Secret division to Sycamore Partners, a private equity firm. Under the agreement, Sycamore Partners would gain a 55% controlling stake in Victoria's Secret while L Brands would keep a 45% stake, leaving Bath & Body Works to become L Brand's sole business. The sale fell through in May 2020, although Wexner did step down as CEO as planned, replaced by Andrew Meslow. In March 2021, L Brands announced it would spin off Victoria’s Secret as a stand-alone publicly traded company, and then change its name to Bath & Body Works, Inc.
Learn more about L brands
Size
2,800 employees
Market Cap
$22.2 billion
Industry
Retail & Consumer Goods
Net Income
$845.3 million
Founded
1963
5 Year Trend
-0.5%
Revenue
$11.8 billion
NASDAQ
LB
* Ladders Estimates

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