We are seeking a detail-oriented and analytical Merchandise Planner to join our team. The ideal candidate will have a passion for retail and a strong understanding of sales trends and consumer behavior.
The Merchandise Planner will be responsible for forecasting inventory needs, managing budgets, and maximizing profit margins through effective planning and analysis.
Key Responsibilities:
Developing pre-season and in-season merchandise plans that align with company goals and objectives
Analyzing sales data, market trends, and historical performance to forecast product demand and pricing strategies
Collaborating with cross-functional teams, including buying, product development, and marketing, to ensure merchandise plans are executed effectively
Monitoring and adjusting inventory levels to optimize sales and minimize excess or obsolete inventory
Creating reports and dashboards to track key performance metrics and make data-driven decisions
Participating in vendor meetings and negotiations to ensure timely and cost-effective inventory replenishment
Developing promotional strategies and markdown plans to drive sales and clearance of slow-moving inventory
Conducting regular inventory audits and reconciliations to ensure accuracy and compliance with company policies
Qualifications:
Bachelor's degree in retail management, merchandising, business administration, or a related field
2+ years of experience in merchandise planning or inventory management in a retail environment
Strong analytical skills and proficiency in Excel and data analysis tools
Excellent communication and collaboration skills
Ability to work in a fast-paced and dynamic environment with tight deadlines
Experience with merchandise planning software (e.g. JDA, Retalon) is a plus
Previous planning experience within the Accessories, Office Luggage, Office Automation category will be advantageous