Junior Retail Planner
About The Position
The Retail Planning and Inventory Planning team supports Hermès of Paris business by managing the process of sales forecasting, open to buy (OTB), oversee auto replenishment, inventory management, reporting and analysis. The Planning team develops strategies and sets clear directions to maximize business performance. We are seeking an experienced and detail-oriented Junior Retail Planner to join our Retail Planning and Inventory team. In this role, you will provide support to the Retail Planning and Inventory Planning team, managing the day-to-day responsibilities, analyzing Key Performance Indicators (KPIs), and building ad-hoc templates to drive department strategies.
Requirements
- Bachelor’s degree required.
- 2-3 years of merchandise planning or related experience with direct open-to-buy experience strongly preferred.
- Advanced competency in retail math and Microsoft Excel.
- Highly organized with strong attention to detail.
- Strong analytical and problem-solving skills.
- Excellent written and verbal communication, presentation, and listening skills.
- Proactive mindset with the ability to multi-task, prioritize, and adapt in a fast-paced, dynamic retail environment.
Nice To Haves
- Experience with Power BI and IBM Planning Analytics Workspace a plus
Responsibilities
- Support the Retail Planning team in preparing and leading the open-to-buy reviews with the Retail Planning Manager’s guidance
- Forecasting sales during Budget planning process
- Monitor the execution of the buy, providing collection recaps during and post market.
- Prepare long-term and short-term sales forecasts by product and reference level.
- Manage auto-replenishment skus, including model stock at the door and sku level; and drive inventory optimization strategies to maximize sales productivity
- Analyze business performance to identify opportunities and risks across channels and product categories, presenting recommended shifts to improve KPIs
- Update and manage weekly and monthly reporting
- Partner closely with Merchandise Managers for qualitative feedback on product forecasts and OTBs.
- Lead and manage reorder proposals as needed, partnering with the Merchandise team for strategic guidance.
- Collaborate with Inventory Planning team to set min/max levels and align on inventory targets
- Partner with the IT team to ensure data-accuracy and reporting efficiencies.
- Partner with Finance to align OTB assumptions
- Support the Retail Planning and Inventory Planning team with ad-hoc requests.
- Additional responsibilities as directed by Manager or leadership.
Benefits
- Commission and bonus incentives based on sales performance
- Medical, Dental, Vision
- Life Insurance and Disability
- Paid time off (annual vacation of 15 days, 11 company holidays, 3 floating holidays, 2 wellbeing days, and sick & safe time)
- Paid Parental leave and transition time
- 401(k) and Roth Retirement plan with company matching and profit sharing
- Various voluntary benefits such as flexible spending accounts, fitness reimbursement, voluntary life insurance
- Product discount and EAP resources
- Access to Calm App, Health Advocate, Family Building Support and more!
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
