Bachelor's Degree or equivalent experience required
5-7 years in analytical roles like merchandise planning or demand forecasting
High proficiency in Microsoft Excel, PowerPoint, and Access
Strong statistical and quantitative analysis skills
Ability to manage multiple priorities and customer types
Excellent communication and problem-solving skills
Team player with a commitment to teamwork
International experience is a plus
Responsibilities
Manage sales plans and inventory levels for various business models
Create SKU-level sales and inventory forecasts to meet financial targets
Execute planning processes for buys and in-season management
Collaborate with cross-functional teams to achieve financial and merchandising goals
Identify product opportunities and adjust shipment flows based on sales performance
Prepare sales and inventory reports for Merchandise Planning Committee meetings
Conduct in-season business analysis to maximize sales and profit
Recommend assortment adjustments in partnership with merchants
Benefits
Comprehensive health and wellness programs
Employee discounts on merchandise
Opportunities for professional development and growth
Flexible work arrangements
Collaborative and inclusive work environment
Full Job Description
Your Role:
The Senior Merchandise Planner will be responsible for creating SKU level sales and inventory plans for Victoria's Secret Global (VSG). They will work with the Manager to provide crucial in-depth sales & inventory analysis, as well as lead recommendations to the International team to maximize sales and profitability for Victoria's Secret Global and its Franchise Partners.
Your Impact:
Manage sales plans, open to buy, and inventory levels for respective book of business, including separate operating models and store/ecommerce formats
Create SKU level sales and inventory forecasts to achieve topline financial targets.
Execute key planning processes related to buys and in season management (PO's, partner allocations, etc.)
Partner with cross functional teams (Merchandising, Allocation, Commercial Managers, Operations, etc.) to achieve both financial and merchandising objectives.
Identify product opportunities and recommend adjustments of shipment receipts and flow based on sales performance.
Prepare key sales and inventory reports to support Merchandise Planning Committee meeting (MPC) and other reoccurring sales meetings.
Conduct business analysis in-season (standard reporting, test reads, ad hoc) to maximize sales and profit.
Partner with merchants and cross-functional teams to recommend assortment adjustments.
Develop and evolve merchandise planning processes to accommodate rapid expansion into new international markets.
Drive creative thinking that focuses the team on top volume driving ideas and key initiatives.
Develop rapport with partners and build credibility through effective communication.
Respond to ad hoc requests from cross-functional teams.
Manage merchandise inventory levels by market through collaboration with cross functional teams.
Align partner inventory expectations with the brand deployment strategy through continuous education of Victoria's Secret inventory management process.
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Your Experience:
Bachelor's Degree or equivalent experience required.
5-7 years of experience in analytical positions such as merchandise planning, inventory deployment, demand forecasting, finance, or logistics.
High level of technical proficiency using Microsoft Excel, PowerPoint and Access.
Demonstrated ability to manage multiple priorities and customer types/levels.
Excellent communication, prioritizing and problem-solving skills.
Ability to be a team player and foster a commitment of teamwork among associates.
International experience a plus.
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.
