L brands

Senior Merchandise Planner, International

L brands • $85K — $110K *
Reynoldsburg, OH 43068In-Person
Retail & Consumer Goods
5 - 7 years of experience
Today
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Job Overview by Ladders

Qualifications

  • Bachelor's Degree or equivalent experience required.
  • 5-7 years in merchandise planning or similar analytical roles.
  • Proficient in Microsoft Excel, PowerPoint, and Access.
  • Strong skills in statistical and quantitative analysis.
  • Ability to manage priorities effectively at various levels.
  • Excellent communication and problem-solving skills.
  • Experience working in international markets is a plus.

Responsibilities

  • Manage sales plans, inventory levels, and open to buy for multiple formats.
  • Create SKU level forecasts to meet financial targets.
  • Execute planning processes involving purchase orders and inventory allocations.
  • Collaborate with teams across the organization to meet financial goals.
  • Identify sales-driven product opportunities and suggest shipment adjustments.
  • Prepare reports for Merchandise Planning Committee meetings and other key discussions.
  • Conduct business analysis during the selling season to enhance profitability.

Benefits

  • Comprehensive health and wellness programs.
  • 401(k) retirement savings plans with company match.
  • Employee discounts on products and services.
  • Opportunities for professional development and career advancement.
  • Flexible work arrangements and paid time off.
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.
  • Excellent statistical/quantitative analysis skills.
  • 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.
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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