Senior Retail Merchandise Planner

Citizen Watch Company of America, Inc.•New York, NY

3d•$75,000 - $85,000

About The Position

The Senior Retail Merchandise Planner is responsible for managing the retail division's financial objectives through the analysis of store-level inventory productivity. This role involves developing reports to improve results in inventory planning, sales planning, merchandise planning, and margin achievement. Key targets include achieving planned Sales, Gross Margin, Inventory Turn, and Shrinkage, with a focus on accuracy.

Requirements

Strong organizational and time management skills; able to handle multiple priorities
Demonstrate strong retail math, analytical and financial acumen and problem-solving skills.
Must be proficient in Microsoft Access and Excel - Pivot Tables, V-lookups, and AS400.
Strong verbal and written communication skills.
Proven ability to perform in a fast-paced environment.
Able to build and maintain productive relationships with cross functional teams.
Strong work ethic with a commitment to achieving targeted objectives
Experience working with products and analytics on a granular level.
Able to be flexible and available for any company project (sample sales, flash sales, pop up shops, etc.).
Bachelor's degree (B. A.) from four-year college or university; or five to seven years related experience in a mid to large size company in a planning or reporting capacity; or equivalent combination of education and experience.

Responsibilities

Drive decisions leading to achieving gross margin, sales, markdown and profit goals through effective inventory management, product assortment planning and sales planning.
Achieve inventory shrinkage goals by managing accuracy of product receiving, KWI adjustments, audits and controls, and by maintaining constant communication with store line, Accounting, Inventory and Shipping Departments.
Develop and prepare weekly analysis tracking Actual vs. Plan and LY, stock to sales ratio, identify market trends, best sellers, re-order requirements and stock balancing and action solutions leading to improved sellthrus and reduction of aged and unproductive inventory.
Develop OTB platform to manage appropriate store inventory levels.
Prepare weekly/biweekly reorders for store replenishment, cross reference to ensure market status availability, partner with planning department to clear models and enter finalized replenishment orders into KWI.
Prepare opening assortments, purchase orders, and receiving for new stores/renovations/pop ups.
Partner with IT/Customer Care/WS Planning team to ensure purchase orders EDI correctly, troubleshoot and resolve any problems to ensure purchase orders can be fulfilled.
Lead development of 09 best practices for retail in concert with WS planning team.
Manage all Purchase order communication to store teams – providing copies of purchase orders, purchase order receiving logs, troubleshoot problem shipments, manual receiving, and verify PO receiving accuracy.
Meet weekly with Retail Team to review business, provide Team with financial information for the week while suggesting tactical adjustments based on current trends to drive business and manage inventories.
Re-forecast and/or create “what if” scenarios to support changes in business strategies.
Identify innovative suggestions on methods to improve business processes.
Communicate pertinent information such as product performance, delivery updates, returns, damages, re-orders, transfers, exclusives, and other related product movements to store line.
Lead in development of new tools for analyzing and managing the business.
Responsible to oversee damage process. customer repairs, borrows, or other methods of inventory adjustments.
Responsible for overseeing running daily Flash Reports, KWI reports, entering PO in KWI system and updating daily store plans.
Responsible for monitoring and insuring accuracy of KWI retail system, including sku maintenance, item specs, classifications, and prices.
Remain open to other department projects or needs.