Currently looking for a Senior Merchandise Planner-PINK to fill a position with a company in Columbus, Ohio.
DESCRIPTION OF DUTIES
The Senior Planner supports the Merchandise Planning AVP/Director and the Merchandising SVP/VP through the analysis of in-season business and the development of future season merchandise plans for their respective book of business. Through their analysis of the business, the Senior Planner collaborates with cross-functional partners in Space Planning, Assortment Planning, Merchandise Planning, Central Planning, Merchandising, and Production. The Senior Planner reports to the Merchandise Planning AVP/Director.
- Executes key Monday morning reporting utilized by cross-functional teams to analyze the business.
- Provides analysis on key pricing/promotional tests and the resulting sales and margin impact on the Sleep category.
- Develops a point of view on the in-season trend of the business and provides input to the Central Planning MPC Trend.
- Supports the Merchandise Planning team throughout the monthly MPC process through plan analysis and preparation of the MPC presentation.
- Provides ad hoc business analysis through the direction from Merchandise Planning AVP/Director and Merchandising SVP/VP.
- Supports the merchandising team in developing the Strategic View of the Line (SVL) and Strategic View of Growth (SVG).
- Executes the strategic view of the line by developing forward-looking operating models and frameworks (process and analysis) to achieve financial and merchandise objectives:
- Assortment Cycle Planning – Develop and maintain a three year, six season view of sales, margin, and inventory, including quantification of floorset drops, the viability of line extensions, and the evaluation of exits. Evaluate distortions and impact of trade-offs relative to assortment changes.
- Inventory Management – Works with Planning Managers to manage quarterly receipts to approved levels and ensures the MPC process reflects an accurate view of projected inventory.
- Assortment Architecture – Works with Planning Managers to ensure the assortment architecture framework for each business incorporates the translation of Merchant vision to meeting the financial objectives.
- Drives and owns the Pre-Season Planning activities by coordinating statistical analysis, planning newness projections, and senior merchant direction into an activity-based pre-season view of a merchandise plan.
- Seasonal Planning – Develop seasonal architecture 12-18 months pre-season and aligned with Brand strategies and calendars; incorporate distortions, targets and relationship of regular to promotion sales sensitivities and demand.
- Inventory Management – Develop a point of view on the timing of receipt flow to facilitate floorset set-up and improved inventory turn, taking into consideration the varying seasonal sales curves of the different businesses.
- Manage the critical assessment and hindsight of merchandise strategy to inform future planning and execution activities.
- Development of models for predicting sales and analyzing variance to actual results
- Application of statistical techniques to highlight business drivers and provide clarification of item trends/patterns
- Perform pricing, promotion and event analysis to drive business and financial objectives
- Create topside forecasts at total category level based upon analysis and coordination with Brand Growth Plan
- Validate and quantify activities/tactics (marketing/promos/feature plans) for each category to establish and hit targets.
- Develop systematic construct of pricing architecture with a focus on sensitivities and demand
- Provide analytical support for CFIs, forward-looking initiatives and ad hoc projects across the category.
- 5-7 years of retail merchandise and/or demand forecastingexperience, inventory management, allocation or replenishmentexperience, financial planning or financial analysisexperience. Financial Analysis is a strong plus.
- Assortment/attribute planning experiencerequired
- Proficient with forecasting methodologies and statistical modeling required
- Ability to advance to high levels of computer literacy; exposure to relevant planning, finance, analytical, data management systems Systems used: JDA Enterprise Planning; Manugistics, Microstrategy required
- Bachelor's degree in finance, operations, economics, business or statisticsrequired
- Advanced degree in quantitative analysis, finance or business administration preferred
- Strong financial acumen with the ability to direct execution and operational activities preferred
- Financial Analysis preferred.