Associate Merchandise Planner
About The Position
Arhaus was founded in 1986 on a simple idea: Furniture and décor should be sustainably sourced, lovingly made, and built to last. Today, we partner with artisans around the world who share our vision, creating beautiful, heirloom-quality pieces that can be used - and loved - for generations. The Associate Merchandise Planner is responsible for creating and maintaining monthly and yearly financial plans for their assigned categories and effectively partnering with the Merchandising, Sourcing, Channel (Stores / Ecom) and Distribution & Logistics teams on identifying and implementing strategies to achieve the approved plans.
Requirements
- Bachelor's Degree or equivalent business experience
- Minimum 3 years of experience in Merchandise Planning, Allocation or Buying
- High proficiency in Excel
- Thorough understanding of retail math
- Strong analytical curiosity and critical thinking
- Drive to problem-solve, continuously improve and execute
- Strong written and verbal communication skills
- Self-motivated and able to work in a dynamic / fluid environment with efficiency, accuracy and sense of urgency
Responsibilities
- Develop annual / seasonal / monthly category merchandise financial plans in accordance with company goals, historical performance and trend analysis.
- Create SKU level sales and inventory plans for seasonal Investment Reviews to ensure the correct inventory levels in place to support category plans.
- Continuously analyze and reforecast the Open to Buy and recommend / execute strategies to maximize opportunities and minimize risk.
- Monitor and manage inventory levels throughout product lifecycle to stay in line with the turn and inventory plan, partnering with Sourcing and Vendors to adjust on order where appropriate.
- Develop and execute price actions to drive sales and margin across new products, promotions and markdowns.
- Evaluate stock and sales by store or DC for replenishment product and make recommendations to balance inventory and drive SKU productivity.
- Conduct detailed SKU hindsight analysis and present findings and actions to maximize SKU productivity, margin and turn.
- Set and communicate KPI targets and updates (e.g. SKU Count & Productivity, Sales, Margin and Inventory targets) to Merchandising partners
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Industry
Merchant Wholesalers, Durable Goods
Number of Employees
1,001-5,000 employees
