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Company | Lord + Taylor |
Address | New York City Metropolitan Area, United States |
Employment type | FULL_TIME |
Salary | |
Category | Retail Apparel and Fashion |
Expires | 2023-06-08 |
Posted at | 11 months ago |
Position Title:Associate Merchandise Planner
Reports to:VP, Planning
Department:Planning
Location:New York, NY
POSITION SUMMARY
The Associate Merchandise Planner is responsible for planning and managing the business through the entire lifecycle. This includes creating pre-season plans, managing in-season forecasting and developing and implementing strategies to maximize the business. The right candidate will have a positive, can-do attitude and is comfortable working through ambiguity in a digital start-up environment.
DUTIES/RESPONSIBILITIES:
- Analyze size selling and implement appropriate recommendations.
- Own open to buy process - forecasting sales, markdowns, and inventory levels on a regular basis for owned and dropship businesses. Develop action items to maximize opportunities and mitigate risks.
- Create, run and analyze reports in order to react to current business trends as well as anticipate future business trends.
- Create seasonal sales, inventory, and profit plans at a division, dept. and vendor level.
- Analyze weekly business results. Manage reorders of key products and action slow-sellers with markdowns.
- Work with marketing team to forecast digital metrics – traffic, conversion, aov – that tie back to financial plan.
- Develop meaningful historical sales recaps in order to make more sound decisions on future seasons.
- Build strong relationships with cross-functional team.
- Develop ad hoc analysis and recaps to help guide in-season actions and project for future seasons as directed by manager.
MINIMUM QUALIFICATIONS:
- 2+ years of retail buying, planning or financial experience
- Bachelor’s Degree
·Strong proficiency of Excel; strong command of retail math concepts and applications
- Ability to thrive in an ambiguous, fast-moving and evolving environment
- Highly motivated and results oriented; sense of ownership and intellectual curiosity
- Demonstrated ability to problem-solve and think critically
- Ability to build and maintain strong working relationships
·Excellent verbal and written communication skills
·Excellent time management/project skills
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