Merchandise Planner

PetSmart • Phoenix, AZ

22d • Hybrid

About The Position

The Merchandise Financial Planner is responsible for developing accurate annual and seasonal financial plans, including sales, margin, inventory, and turn, to support the merchandise strategy and financial objectives. This role involves creating and revising rolling merchandise forecasts, making day-to-day decisions affecting gross margin, and partnering with Buyers and the Assortment Team to influence assortment and promotional plans. The planner will analyze selling patterns to guide allocation and replenishment strategies, provide analytical insights and recommendations to maximize sales, margin, and inventory productivity, and ensure adherence to Merchandise Planning Policies & Procedures. This position also influences the overall merchandise strategy for assigned categories, develops a strong understanding of planning practices, and leverages analytical skills to inform decision-making.

Requirements

• Bachelor’s degree preferred, preferably with a business focus, or an equivalent blend of relevant experience and education
• 3+ years related experience and/or training; or equivalent combination of education and experience
• JDA Enterprise Planning (or equivalent) experience preferred
• Demonstrate ability to develop analytical and problem solving skills (i.e. critical and evaluative thinking) required.
• Excellent communication and interpersonal skills, both written and verbal required. Ability to communicate effectively across many levels within the organization
• Ability to influence decisions by creating a excellent case for action, using analytical findings
• Collaborative Skills: ability to partner across departments to engage decisions.
• Must be a self-starter with the ability to manage multiple priorities.
• Excellent Excel and PowerPoint skills

Responsibilities

• Create and revise all components of a rolling merchandise forecast (sales, margin, receipts, inventory and turn)
• Make both collaborative and independent day-to-day decisions which affect gross margin dollars
• Partner with the Buyer and Assortment Team to influence the assortment and promotional plans
• Analyze and anticipate selling patterns to influence the allocation and replenishment strategy
• Provide thought leadership, analysis and insights into trends and recommendations for actions to maximize sales, margin and inventory productivity both on daily basis and via periodic small and large scale presentations.
• Follow the Merchandise Planning Policies & Procedures that supports delivering the merchandise plan objectives including growth in sales and margin, and driving cost reductions and inventory productivity gains.
• Identify and communicate opportunities for improvement in your categories of responsibility to your manager and working with your peers and business partners to enable an excellent cross functional team.
• Influence the overall merchandise strategy for assigned categories.
• Develop a solid knowledge of planning practices and alignment with merchandising, promotional and assortment strategies.
• Leverage their analytical skill sets to influence the decision making process and deliver the merchandise plan objectives.
• Achieves Sales, Margin, and Inventory Turnover and other KPIs as designated to plan
• Develop yearly/seasonal/weekly category merchandise financial plans (sales, margin, inventory and turn) in accordance with company goals, historical performance and trend analysis. Present strategies to Senior Management.
• Analyze and reforecast the business and recommend/implement strategies to maximize opportunities and minimize risk.
• Support the leadership team in the seasonal, annual, and long-range strategic and financial planning across a wide array of vendor (direct and external), customer, and merchandising segments. Influences inventory levels and allocation strategies to stay in line with the turn and inventory plan.
• Lead, execute and measure performance against the business planning and product creation calendars to engage timely and informed decision making
• Own the end-to-end management of merchandise and financial planning, including the optimization of inventory investments across life cycle pricing, in-stock and service levels, and seasonal transitions
• Set targets and achieves plans for good/better/best pricing proportions, inventory and space productivity required to support the sales and gross margin plans
• Maintain high levels of promotional product availability during promotional periods while minimizing aging and discontinued inventory levels.
• Develop key, new and one-time buy items plans and then partner with Merchandise Buyers and Allocation Teams to adjust inventory levels where appropriate in season.
• Conduct detailed post-season or post-event analysis, leveraging customer data when appropriate, and present insights and recommendations to leadership team.
• Actively create and lead special projects that engage growth opportunities
• Work with space and assortment planning team members to influence the assortment planning process based on insights, analysis and strategic direction
• Use consumer insights and data combined with a structured test and learn approach to maximize growth opportunities
• Support the VP & Director to present within various strategic meetings for the division (i.e. Direction Setting, Marketing Execution meetings, Line Reviews, Open-To-Buy, Vendor, QBR, and other meetings)
• Integrate all processes and systems to fully optimize accuracy, efficiency, inventory productivity, and financial productivity.

Benefits

• Pet-friendly environment, bring your pets to work and enjoy the on-site dog park!
• On-Site Events & Adoptions, enjoy community-building opportunities, including pet adoption days, seasonal celebrations, family events, art events, & holiday festivals
• “Top Dog” gym with equipment, fitness classes, massage therapists, personal trainers, and wellness spaces
• “Sit & Stay” Café serving fresh breakfast and lunch options, snacks, & more
• “Lil Paws” NAEYC-accredited onsite childcare facility providing high-quality early education
• Paid Volunteer Opportunities to spend time doing good for causes close to heart
• Print Center and Business Services, Dry Cleaning, Mother's Rooms, Sustainable Infrastructure & more

What This Job Offers

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