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Inventory Planner
American Eagle Outfitters
Pittsburgh, PA, United States
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POSITION SUMMARY:
Develop and execute inventory management plans for specific merchandise department(s). Ensure that the AE customer has the product they want, when they want it, and where they need it. Manage department’s merchandise levels, by store location.
RESPONSIBILITIES:
Pre Season:
• Determine appropriate floorset levels for specified classification using the following parameters; store size, presentation quantities, projected/actual sales volume, index, store location, and store design.
• Plan preseason sales volume by week by store by department, taking into account all variances to prior history, which may affect the business
• Create and maintain detailed weekly class dollar and unit sales at the store level.
• Create and maintain store volume clusters used to drive merchandise planning and allocation planning processes
• Create and maintain seasonal profiles used to drive allocation processes
In Season:
• Oversee the replenishment of store inventory levels based upon shipment received and maintain a well-balanced inventory in direct proportion to sales.
• Understand and utilize JDA Allocation, Allocation Planning, Island Pacific, and Cognos reporting and drive improvements with the applications.
• Develop location projections in season by department/class/store to drive well-balanced inventory in direct proportion to sales/potential in each assigned classification to maximize volume (sales) while minimizing cost (transfers/markdowns).
• Review allocation strategies for replenishment of store inventory levels based upon shipment received (PO/Backstock) to account for substitutions, shortages, seasonality and limited store buys and make recommendations to maximize sales.
• Analyze, on an ongoing basis, unit performance for area of responsibility; review all aspects of sales performance/trends (as it pertains to style, size, color, price and floor presentation, marketing, etc.) by store, store type, market area, district, and region.
• Initiate conversation with cross-functional team consisting of Merchandise Planner, Buyer, and Assistant Buyer to provide recommendations and course of action.
• Manage the breakout of size purchases to properly service the customer by store.
• Manage the optimization of Pre-pack purchases to minimize Markdowns and maximize speed to market.
• Additional responsibilities as assigned.
AUTHORITY:
• Has product allocation releasing privileges
• Oversee Department merchandise levels by store; department flow
QUALIFICATIONS:
• Bachelor’s Degree in Business Administration, Supply Chain/Logistics, Finance, or related field.
• 2+ years related experience (can be through internships for recent grads)
• Knowledge of Arthur Allocation software preferred.
• High degree of proficiency MS Office Suite, Outlook & Internet applications
• Strong analytical, prioritizing, interpersonal, problem-solving, presentation, & planning skills
• Strong verbal and written communication skills
• Demonstrated collaborative skills and ability to work well within a team
• Ability to work with and influence peers and senior management
• Ability to work in a fast-paced and deadline-oriented environment
• Self-motivated with critical attention to detail, deadlines and reporting.
American Eagle Outfitters is an Equal Opportunity Employer