Merchandise Planner

PACSUN•Anaheim, CA

8d•$74,000 - $83,000•Onsite

About The Position

Develop, execute and communicate merchandise financial plans and strategies that support the company's overall merchandising objectives for a specific category of merchandise for both retail and ecommerce.

Requirements

Minimum of 1-2-years experience in inventory management and overseeing planning at an item level within a large specialty retailer (300+ stores)
Demonstrated logical analysis and problem solving skills
Solid understanding of financial measurements including: sales, gross margin, GMROI, inventory turn, weeks of supply and how to impact them
Flexible and adaptive to changing priorities; ability to organize and prioritize workload to meet deadlines
Ability to build and maintain productive relationships with peers and cross-functional teams
Ability or aptitude to learn technical applications quickly; must be proficient with Microsoft Excel

Nice To Haves

Bachelor's Degree in a related field preferred

Responsibilities

Create and maintain strategic financial plans tied to merchandising strategies
Responsible for planning sales, inventory, markdowns and margins at a department/ class and/or program level
Pre-season topside merchandise planning at a department/class level/style-color level, as well as in-season planning adjusting forecasts to trend.
Responsible for building pre-season class plans at the price type (regular and markdown) and weekly level
Analysis of business around risk and opportunities at division, class and/or program level
Quantify in-season risks and opportunities and making the appropriate recommendations to merchant teams and management
Partner with management, merchants and allocation in order to strategically move business toward increasing profit
Communicate monthly Open-to-Buy forecasts & supporting action plans as well as presentation of this data to Management and Cross Functional teams
Recap and analyze actual sales results to plan and forecast in-season sales and inventories on a weekly, monthly, quarterly basis and ad hoc basis
Manage the financial success of the department by meeting sales, merchandise margin, gross margin return on investment (GMROI) and inventory goals; analyze historical data and current trends to identify risks and opportunities
Work with merchants and allocation to determine and manage exit strategies recommending items for clearance and controlling aged inventory
Develop and maintain effective working relationships with Cross Functional team members; i.e., Merchandising, Product Development, Store Operations, Visual and Finance
Performs other related duties as assigned