Planner - Off Price (Hybrid) (New York Office)
About The Position
The role of the Off-Price Planner is to maximize gross margin dollars & inventory productivity by providing the overall financial direction of a category or department(s). The Off-Price Planner is accountable for the development and implementation of merchandise plans by focusing on inventory, clearance, and opportunistic buys. Off-Price Planners are primarily responsible for developing seasonal merchandise financial plans, pricing strategies and assortment optimization. Off-Price Planners also work with Buyers in assortment and buy planning by facilitating layering of assortments and validating the profitability of purchases. In-season, Off-Price Planners provide in-depth analysis of product performance and make recommendations to maximize business opportunities. The Off-Price Planner will forecast sales and stock needs by monitoring inventory and establishing pricing and discount strategies.
Requirements
- Works effectively with staff and Divisional/BSS management to achieve sound financial and merchandising solutions based on analysis, input and experience
- 4-6 years retail experience required
- 1-3 years merchandise or financial planning required
- Ability to work in a fluid, fast paced environment
- Demonstrates strong analytical and problem solving skills
- Highly organized and able to multitask
- Builds and maintains productive relationships with peers, merchant team and allocation team
- Demonstrates leadership and decision-making skills
- Takes calculated risks to achieve result
- Demonstrates strong listening, written and oral communication skills
- Analyzes business to adapt to unpredictable stock levels and opportunistic buys
- Reacts to business trends in a timely and efficient manner
- Adapts to shifting circumstances in a business environment
- Able to translate strategy into tactical, well-developed financial plans
- Able to think strategically and provide financial direction for future business opportunities
- Maintains professionalism in work relationships and habits
- Develops creative solutions to business issues
- Communicates effectively with stores and vendors
- Proficient in Excel and Microsoft office suite of products and business related software
Responsibilities
- Develop and execute merchandise financial plans that support the merchandise strategies while achieving corporate financial goals both for the short term (seasonal) and long term (multi-year)
- Develop inventory plans that deliver quick product turnover without long-term commitment while adjusting strategies based on market fluctuation and inventory availability
- Optimize profitability by setting competitive price points in a highly competitive market
- Analyzes business to the lowest level to identify opportunities in sales, inventory and margin by store, department, and class
- Develop the assortment plan and the initial buy plan through use of hind sighting and profitability tools
- Lead Monthly Forecast process to manage business in season and maximize opportunities through product lifecycle management
- Leverages open-to-buy process to manage business in-season and maximize opportunities
- Collaborate with Buying Partner and Allocation Team to reconcile merchandise and by-door strategies with store level opportunities
- Build and maintain strong relationships with Buying Partner and vendors, while building a presence with new and existing vendors within the outlets and company
- Travels to all necessary work related trips, i.e. markets and store trips
Stand Out From the Crowd
Upload your resume and get instant feedback on how well it matches this job.
What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Number of Employees
5,001-10,000 employees
