Associate Merchandise Planner, LOFT
About The Position
The Associate Planner, LOFT builds financial sales, gross margin and inventory plans for departments in a given area at a multichannel level. The Associate Planner will also use analytics to make client focused business decisions to achieve sales, margin and turn across both channels. In partnership with their manager, this person will manage and plan merchandise inventory positions and markdown strategies to drive departmental sales, inventory, profit and turnover objectives. Provides in-season financial projections and strategies. Identifies risks and opportunities to maximize profits. Contribute to projects resulting in improved departmental systems and efficiencies.
Requirements
- 2-4 years of retail buying, planning or financial analysis experience.
- Bachelor’s degree, or equivalent.
- E-Commerce experience is strongly preferred.
- Results driven; strategic, conceptual, and innovative thinker.
- Expert command of retail math concepts, applications, and statistical analysis.
- Possess strong communication skills to partner effectively with cross-functional partners.
- Ability to develop realistic work plans, goals, and schedules.
- Detail oriented, with excellent follow-through skills.
- Strong analytical, verbal, and written communication skills.
- Ability to work productively in a team environment.
- Proficient in Microsoft Office applications.
- Applicants to this position must be authorized to work for any employer in the US without sponsorship. We are not providing sponsorship for this position.
Nice To Haves
- E-Commerce experience is strongly preferred.
Responsibilities
- Develop, consolidate, and communicate a comprehensive pre-season planning strategy for cross channel inventory movement that identifies opportunities and risks.
- Reforecast business in-season based on current performance, present revised projections and recommendations to cross-functional partners and senior leadership.
- Ensure that each channel is planned and managed at appropriate growth rates and inventory is proactively managed.
- Provide Merchants with analytics to support assortment decisions by channel and develop promotional and markdown strategies to maximize profitability and sales.
- Analyze promotional effectiveness and make future recommendation.
- Participate in all aspects of line building process with Merchandising Lead or participate in department projects to improve systems or efficiencies.
- Partner with cross-functional teams to communicate division level financial merchandising plans that support the seasonal financial objectives.
- Strategize, develop, and present seasonal key item plans that support sales and GM goals for stores and .com.
- Identify and communicate potential inventory liabilities and drive appropriate actions to resolution.
- Participate in developing processes that build efficiencies and streamline work streams.
- Use retail financial measurements to evaluate short-term and long-term impacts of business decisions.
- Analyze quarterly hindsight.
Benefits
- Merchandise discount at select KnitWell Group brands, subject to each brand’s discount policies.
- Support for your individual development plus opportunities for career mobility within our family of brands.
- A culture of giving back – local volunteer opportunities, annual donation and volunteer match to eligible nonprofit organizations, and philanthropic activities to support our communities.
- Medical, dental, vision insurance & 401(K).
- Employee Assistance Program (EAP).
- Time off – paid time off & holidays.
Stand Out From the Crowd
Upload your resume and get instant feedback on how well it matches this job.
What This Job Offers
Job Type
Full-time
Career Level
Mid Level
