Merchandise Analyst Job Description
Merchandise analyst
provides functional and technical support of the merchandising planning, allocation, and replenishment systems across the various brands and regions.
Merchandise Analyst Duties & Responsibilities
To write an effective merchandise analyst job description, begin by listing detailed duties, responsibilities and expectations. We have included merchandise analyst job description templates that you can modify and use.
Sample responsibilities for this position include:
Strong data analysis skills using SQL and Excel/Access preferred
Work with end users in analyzing structure and flow of work through unit and recommends changes to improve operations
Works on assigned projects or operating systems to identify and resolve system conflicts and problems
Coordinates functional requirements of business unit and technical solutions with systems personnel to develop the most cost effective solution
Analyzes reports and procedures and assists in determining most effective use of computer and employee resources
Develops schedules and conducts employee training sessions that provide general awareness and specific knowledge needed to understand and fully utilize data processing systems
Often assigned as project lead or project manager for key corporate system initiatives and will direct the work flow of the group
Manage weekly reports for distribution to the Buying and Planning teams
Liaise directly with application users and with Holts tier 1 service desk
Domestics
Merchandise Analyst Qualifications
Qualifications for a job description may include education, certification, and experience.
Education for Merchandise Analyst
Typically a job would require a certain level of education.
Employers hiring for the merchandise analyst job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Collage Degree in Business, Finance, Merchandising, Economics, Accounting, Education, Statistics, Mathematics, Business/Administration, Science
Skills for Merchandise Analyst
Desired skills for merchandise analyst include:
Ad hoc reporting and analysis
Allocation principles
Distribution and replenishment systems
Retail fundamentals
Database software
Spreadsheet software and Word Processing software
Allocation and Replenishment “Best Practices”
Arthur/Enterprise Planning and Allocation Systems/JDA system
Competition
Excel
Desired experience for merchandise analyst includes:
Retail Systems experience related to Price Management, Purchase Order Management, Inventory Control, Replenishment, Merchandise Planning or Allocation required
Bachelor’s Degree in Business related field, such as supply chain, economics, and/or a minimum of 2 years in equivalent experience
Assortment Optimization
Retail Industry Acumen
Basic skills in Negotiation and Business Analyses
BA/BS with demonstrated academic excellence
Merchandise Analyst Examples
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Merchandise Analyst Job Description
Job Description Example
Our company is growing rapidly and is searching for experienced candidates for the position of merchandise analyst. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for merchandise analyst
- PO Change management
- Develop functional design documentation to support business requirements
- Work closely with solution developers to assist, support and review system and technical design documents to ensure functional and business requirements are met
- Define, document and lead test approach
- Design and support the data integration requirements between the planning tools and both upstream and downstream processes and systems
- Define and document materials to support implementation and training
- Perform cross-functional reviews and designs for both processes and systems
- Complete all appropriate documentation to support the Software Development Lifecycle
- The ability to articulate thought process and rationale behind decision-making
- The ability to learn new technologies quickly, work independently, and as part of a team
Qualifications for merchandise analyst
- Well organized, self-starter and multi-task oriented
- Ability to prioritize tasks in order of importance to meet deadlines
- Strong collaborative work style
- 1+ year of Merchandise Planning, Inventory Management or Allocation experience, preferably in e-commerce
- Buddy-buddy with Omniture, and/or Google Analytics
- Generate, review, and publish daily, weekly, monthly sales performance related reports and have the ability to trouble-shoot data issues to maintain accuracy in all reporting
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Merchandise Analyst Job Description
Job Description Example
Our growing company is searching for experienced candidates for the position of merchandise analyst. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for merchandise analyst
- Strong documentation skills, attention to detail and follow up
- 4+ years of application support and development experience in the retail industry preferred
- Familiarity with the entire software development lifecycle
- Adhere to the online shop production schedule/ process for site launches, maintaining the accuracy and smooth execution of the shops for both company owned
- Identify nuances within the digital channel in support of pre-season plan development
- Identify product opportunities across store clusters to influence sales and receipt flow
- Through channel analysis bring forward upside opportunities and or risk
- Support the current store tiering / choice count optimization initiatives … including historical modeling, future assortment plan guidance, tiering processes, executional reporting and timely business unit partnerships to identify and support special tiering opportunities and requirements
- Support the current size optimization initiatives … including curve / size pack tools, processes, executional reporting and timely business unit partnerships
- Assess, evaluate, and interpret the results
Qualifications for merchandise analyst
- Develop and maintain business tools to analyze business performance and liaising with the Merchant and Planning Teams
- Business report design and development, leveraging on customized IT solutions and working closely with the Business Insights Team in delivering reports that meet the business requirements
- Sales and planning data intelligence monitoring to facilitate quick data troubleshooting on a day to day basis
- Provide Financial Manager with necessary planning/forecasting tools and analysis of KPI’s (division/brand risks/opportunities, event penetration, hourly/weekly/monthly forecasting trends, etc)
- Perform basic planning functions related to generating financial plans based on top line financial plans/targets/guidance
- Work closely with Financial Planners/Buy Planners respectively in actualizing demand on planning tools
3
Merchandise Analyst Job Description
Job Description Example
Our innovative and growing company is looking for a merchandise analyst. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for merchandise analyst
- 40%-Track and measure business performance via execution of key daily, weekly and monthly reporting
- Build collaborative partnerships cross-functionally in the planning and purchasing departments
- Identify and influence critical stakeholders
- Own the building and accuracy of the business process training documents
- Update documents as required with Subject Matter Experts on the team
- Identify and track user training needs
- Schedule and maintain user registry of department training and knowledge
- Support business users for operational issues
- Ensure business process change is executed correctly
- Lead analysis of our merchandising and planning technology solutions by capability area – replenishment, allocation, financial planning
Qualifications for merchandise analyst
- Experience supporting, developing, or managing Merchandising and Supply Chain software tools strongly preferred
- Must have a Bachelor’s degree in Finance, Economics, Statistics, Mathematics or similar analytical discipline
- 2-3 years of experience in an Analyst or Logistics background involving inventory, warehouse, or supply chain environment
- Microsoft Access, SQL Server, and MicroStrategy knowledge is strongly desired
- Excellent critical thinking skills with the ability towork in a highly analytical environment and to make decisions based on quantifiable data
- Must have strong interpersonal and communication skills, including ability to establish, develop and maintainkey business relationships both within the team and across businesses
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Merchandise Analyst Job Description
Job Description Example
Our growing company is hiring for a merchandise analyst. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for merchandise analyst
- Contributes to the financial success of departments by sales, GMROI and inventory turn goals by appropriate allocation of inventory
- Lead and assist in the development of team members
- Effectively manage communications and relationships with various business partners
- Proactively deal with our external and internal auditors
- Focus on continuous process improvement and automation of key processes and models
- Financial planning, forecasting and analyses of merchandise sales and article profitability
- Guide merchants through the financial outcome
- Account for promotions in weekly, monthly and annual forecasts
- Effective communication on results of promotions to drive sales, member traffic and maximize market share
- Work closely with supply chain to understand how out of stocks, PO’s and inventory levels impact sales
Qualifications for merchandise analyst
- Experience in the retail/apparel industry is a plus
- Previous experience working with licensee and 3rd party vendors preferred
- Ability to build cross-functional partnerships and collaborate productively
- Self-motivation with strong drive for achievement
- Expert level sports knowledge desired
- Bachelor’s degree in the sciences or arts with a strong quantitative aptitude preferred
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Merchandise Analyst Job Description
Job Description Example
Our company is looking for a merchandise analyst. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for merchandise analyst
- Incorporate price change sales and profits forecasts
- Analyze data and translate into strategic business recommendations
- Responsible for researching, communicating, publishing and maintaining merchandise planning and analysis reports for senior management as required
- Partners with Planning & Allocation to ensure store ranking continues to support the business objectives and philosophy
- Simulates any proposed ranking process changes to assess their impact
- Creates the Ranking Calendar and Pre-Season memo published to Planning & Allocation to explain and outline the ranking process with key action dates
- Determines special attention store and develops a strategy for ranking these stores whether it be systemically with the balance of the chain or off line through detailed analysis
- Troubleshoot and assist merchants with the monthly RTV entry process issues
- Work weekly on report balancing
- Handle the Markdown Allowance exception review from Corporate Accounting and work with the merchants on potential adjustments
Qualifications for merchandise analyst
- Eight or more years’ experience in progressively responsible positions providing management support by analyzing business processes, team project participation, and providing advanced level of systems support and analysis
- 3-5 years experience in allocations and replenishment required
- 3-5 years of experience in retail Merchandise Planning, Demand Planning and/or Allocation, preferred
- Excellent analytical, BI reporting and retail math skills
- Strong focus on the accuracy of detail and summarization skills
- Strong, energetic and passionate communication skills