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Ecommerce Merchandise Planner
Toms Shoes
Los Angeles, CA, United States
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Job Summary
The position of Ecommerce Merchandise Planner is to provide financial guidance to the Ecommerce Merchandising Team to ensure sales plans are achieved. This position will own forecasting, core & seasonal buy, inventory management, OTB, markdown processes for each product category. The Ecommerce Merchandise Planner analyzes style and silhouette selling, making recommendations on in season business and upcoming seasonal buys to achieve financial goals.
Essential Responsibilities
• Create and maintain weekly sales analysis reports.
• Hindsight seasonal product sales at season end; share findings with business partners – Ecommerce Merch Team & Product Team
◦ Coordinate, organize and create template of cross functional (ecomm merchants, wholesale sales and product team) review.
# Key Indicators of inventory, sales, markdown and lost sales analysis to be reviewed by MID by season
# Present findings to cross functional group on a quarterly basis.
# Create Templates and power point presentation
# Utilize findings from hindsight to drive and influence future season with product teams
# Use of seasonal hindsight to drive 12 month future forecasting by MID
• Prepare and execute seasonal buys
◦ 4 times per year creation of seasonal buys in excess of 100 MIDs.
# Utilize hindsight and trend to partner with ecomm merchant on assortment planning and depth of buys.
◦ Create buys and forecasts that align to company marketing, catalog and product ideas.
◦ Ensure seasonal buys financially tie to budgets that include sales, inventory and receipt plans
• Forecast carryover and core products; reviewing monthly to manage inventory needs
◦ Monthly review of sales and inventory needs. Creation of receipt needs, coordination with demand planners.
◦ Weekly review inventory needs weekly and process STOs to ensure in stock position for carryover and core MIDs
◦ Ensure that OTB and in stock service levels are tied to overall budget and forecast goals.
◦ Driver of weekly review of MID performance focusing in on core and carryover as largest part of the business
# Recommending drops and adds quarterly to the assortment.
• Create, maintain and manage OTB for areas of responsibility
• Attend seasonal final line reviews, prepared to speak to business needs
• Communicate inventory availability to Ecommerce Merchandise Team for all seasonal product launches and special partnerships
• Prepare to lead special projects – partnership programs, SMUs, quarterly special events
• Build and develop relationships with cross functional business partners to achieve financial results for area of responsibility and total company
• Analyze business performance using SAP & BI tools
Requirements & Qualifications
• Advanced knowledge of retail math and full understanding of merchandise planning
• Must possess excellent organizational and prioritization skills with a strong attention to detail
• Must prioritize and execute tasks in a fast paced environment
• Ability to adapt to shifting priorities, timelines and demands
• Strong communication skills - written and verbal, and ability to work with cross-functional teams
• The ability to apply planning logic to maximize opportunity
• Advanced skills in Excel, Planning/Enterprise Planning systems a plus
Education & Experience
• BA or BS in Merchandising, Business or related field
• 2-4 years of experience in planning for a multi-channel retail environment (ecommerce and/or direct-to-consumer experience preferred)
TOMS is an equal opportunity employer and will consider applicants with criminal histories in a manner consistent with the requirements of the ordinance.