Associate Planner, Outlet

Michael Kors•NY Metro Area, NY

23d•$75,000 - $85,000

About The Position

The Associate Planner will play a key role in developing financial plans and monitoring the performance of sales, inventory, and profit for the Outlet business. The Associate Planner will work closely with the buying team to manage the open-to-buy, analyze seasonal merchandise assortments, and develop merchandising strategies. You have strong analytical skills and creative problem-solving skills, are curious, collaborative and an effective communicator that thrives in a rapidly changing environment.

Requirements

Bachelor’s degree in Business, Merchandising, Finance, or related field.
Must have 3+ years’ experience in Retail Planning, Store Planning and/or Allocation
Advanced Excel Skills
Advanced Retail Math
Strong analytical and creative problem-solving skills
Ability to thrive in an entrepreneurial environment
Detail-oriented with strong organizational and time management abilities
Passion for fashion trends and consumer behavior.

Nice To Haves

Multi-channel planning experience

Responsibilities

Initiate analysis and develop financial strategy for a rapidly growing retail business across multiple classifications and channels (outlet stores, and ecommerce).
Create seasonal, monthly, and weekly plans and forecasts for sales, inventory, markdowns and gross margin. Monitor performance and partner with buying team to develop merchandise strategies to achieve plans. Play an active role in making pricing recommendations.
Initiate and develop actionable analysis to recap business by classification and subclass at a top-line as well as store level. Partner with buying team to create strategies to drive sales and achieve gross margin profitability.
Manage and update monthly open-to-buy.
Recommend buys based on thorough analysis of retail business prior to each market to achieve increased sales, profitability and sell-thru %. Provide suggested SKU count targets at a class and store cluster level. Analyze key item style performance and forecast inventory needs.
Work with buying team and stores to analyze business by door to maximize sales and stock opportunities. Monitor flow of initial assortments as well as reorders to stores by classification and by style.
Aid in allocation strategies to increase productivity and manage omni-inventory.