Associate Planner

Arhaus Recruiting • Boston Heights, OH

1d

About The Position

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

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level