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Merchandise Planner - Ecommerce
Pacific Sunwear
Anaheim, CA, United States
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Job Description
Develop, exectute and communicate merchandise financial plans and strategies that support the company's overall merchandising objectives for a specific category of merchandise
• Create and maintain strategic financial plans tied to merchandising strategies
• Responsible for planning sales, inventory, markdowns and margins at a department/ class and/or program level
• Pre-season topside merchandise planning at a department/class level/style-color level, as well as in-season planning adjusting forecasts to trend.
• Responsible for building pre-season class plans at the price type (regular and markdown) and weekly level
• Analysis of business around risk and opportunities at division, class and/or program level
• Quantify in-season risks and opportunities and making the appropriate recommendations to merchant teams and management
• Partner with management, merchants and allocation in order to strategically move business toward increasing profit
• Communicate monthly Open-to-Buy forecasts & supporting action plans as well as presentation of this data to Management and Cross Functional teams
• Recap and analyze actual sales results to plan and forecast in-season sales and inventories on a weekly, monthly, quarterly basis and ad hoc basis
• Manage the financial success of the department by meeting sales, merchandise margin, gross margin return on investment (GMROI) and inventory goals; analyze historical data and current trends to identify risks and opportunities
• Work with merchants and allocation to determine and manage exit strategies recommending items for clearance and controlling aged inventory
• Develop and maintain effective working relationships with Cross Functional team members; i.e., Merchandising, Product Development, Store Operations, Visual and Finance
• Performs other related duties as assigned
Requirements
• Minimum of 3-5-years experience in inventory management and overseeing planning at an item level within a large specialty retailer (300+ stores)
• Bachelor's Degree in a related field
• Demonstrated logical analysis and problem solving skills
• Solid understanding of financial measurements including: sales, gross margin, GMROI, inventory turn, weeks of supply and how to impact them
• Flexible and adaptive to changing priorities; ability to organize and prioritize workload to meet deadlines
• Ability to build and maintain productive relationships with peers and cross-functional teams
• Ability or aptitude to learn technical applications quickly; must be proficient with Microsoft Excel
• Ecommerce planning experience is a plus