Associate Merchandise Planner

Lids•Indianapolis, IN

5d•Onsite

About The Position

Lids Sports Group is the largest licensed sports retailer in North America, selling fan and fashion-oriented headwear and apparel across the US and abroad. Operating out of Indianapolis, IN, our retail stores offer officially licensed headwear and apparel from collegiate and professional sports teams, plus top brands like Nike, New Era, Lululemon, and Mitchell & Ness. In addition to our wide assortment, we are the industry leader in on demand customization. Our business spans multiple channels, offering unique opportunities across different areas of the organization. This includes our core LIDS retail business, which is primarily focused on headwear; our Shop-in-Shop and partner retail locations including Dick’s Sporting Goods and Macy’s; and LIDSU, our collegiate-focused division. Each area plays a critical role in delivering localized assortments and driving growth across our portfolio. The Associate Merchandise Planner is responsible for building financial sales, gross margin, and inventory plans for both pre-season and in-season time periods. Partner with Buying & Merchandising group to create & deliver local assortment strategies maximizing sales and profits. Responsible for the successful development, execution and communication of financial and inventory plans. Provide analytics and support to the Merchandising organization as well as Executive updates on business performance.

Requirements

Bachelor's Degree in Business, Finance, Marketing, Fashion Merchandising or a related field.
1- 3 years merchandising, planning, buying, or equivalent experience preferred.
Strong understanding of retail math and measure used in financial reporting.
Proven ability to perform independently with minimal supervision.
Ability to operate a computer and maneuver relative software programs.
Analytic Skills: Ability to think objectively and interpret meaningful themes from quantitative and qualitative data
Financial and Business Acumen: Ability to evaluate financial and business indicators and translate data into actionable information to drive results.
Problem Solving & Decision Quality: Able to use rigorous logic and methods to solve problems with effective solutions

Responsibilities

Coordinate the development of annual, seasonal, monthly & weekly merchandise plans
Construct merchandise purchase schedules; initial product deliveries and in-season merchandise flow.
Manage monthly department level open to buy activities.
Provide expert analysis on trends and recommendation to influence cancellations, future purchases, and assortment strategies.
Analyze historic performance to identify areas of opportunity or risk.
Prepare preseason promotional and markdown strategy through partnership with buyer and merchandising.
Develop, maintain, and update set of tools & reports to support the needs of the business.
Establish appropriate process & tools to review product assortments; providing data & analysis to support decision making.
Maintain business processes and serve as subject matter expert for process improvements.
Partner with allocation & supply chain teams to implement consistent and profitable in-season replenishment strategies and practices.
Develop enterprise wide risk mitigation plans and execute when appropriate.
Test multiple business strategies simultaneously, quantifying & communicating business impacts.
Manage sku intensive businesses.
Manage location intensive assortments.
Deliver local, regionally relevant assortments and business solutions.
Manage multiple channels & banners that Lids Sports Group operates under.
Communicate effectively, and at times persuasively, with employees at all levels of the company.
Support and adhere to all company policies, procedures, and guidelines.