Merchandising Planner
New York City, NY, United StatesYesterday
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Key details
- Salary
- $114K–$129K/yr
- Location
- New York City, NY, United States
- Work style
- Onsite
- Level
- Mid level
- Job type
- Full-time
- Experience
- 2–4 yrs
- Function
- Retail
- Focus area
- other
- Posted
- Yesterday
Skills
About the role
JOB TITLE: Merchandising Planner
REPORT TO: Senior Director, Head of Merchandise Planning and Buying
LOCATION: New York, NY
Company Overview:
Apparel that comes from the Japanese values of simplicity, quality and longevity. Designed to be of the time and for the time, LifeWear is made with such modern elegance that it becomes the building blocks of each individual’s style. A perfect shirt that is always being made more perfect. The simplest design hiding the most thoughtful and modern details. The best in fit and fabric made to be affordable and accessible to all. LifeWear is clothing that is constantly being innovated, bringing more warmth, better design, and better comfort to people’s lives.
Position Overview:
The Merchandising Planner is responsible for driving the merchandise strategy and optimizing inventory to meet and exceed financial goals. The Merchandising Planner is heavily focused on the assortment with a main responsibility to generate the assortment architecture for a given area and create a seasonal buy plan by item by region. They develop seasonal product strategies based on business opportunities and collaborate with cross-functional departments to execute their vision.
The Merchandising Planner builds financial sales, gross margin and inventory plans for multiple departments in a given area on an item level basis. They will manage and plan merchandise inventory positions and markdown strategies to drive departmental sales, inventory, profit and sell thru objectives. The Merchandise Planner also provides in-season financial projections and strategies while identifying risks and opportunities to maximize profits. They are also responsible for providing the store allocators with the necessary guidance and direction to help them achieve their objectives.
Responsibilities:
- Build financial sales, gross margin and inventory plans at a weekly level at the item level
- Create pricing strategy by item that maximizes sales and gross profit
- Reforecast business in-season based on current performance, present revised projections and recommendations to cross functional partners and senior leadership
- Create allocation strategies, incorporating the merchandise plan and flow strategy to meet store inventory needs.
- Create and plan product assortments (item, color, size) for each product category
- Manage replenishment plans to ensure that sales are optimized and stores are without missing skus
- Place orders for both seasonal and replenishment product buys
- Collaborate with cross functional departments, ie. Marketing and Store Operations, to ensure success of product strategies
- Other related duties to be assigned by direct supervisor
- Frequent in person collaboration
Qualifications:
- Bachelor’s Degree
- 2-4 years of experience in planning or merchandising
- High level of experience and proficiency in Excel
- Proficiency in other Microsoft Office products- Word, PowerPoint, Outlook
- Excellent analytical and mathematical proficiency with strong business and financial acumen
- Ability to handle multiple projects effectively
General Benefits
- Relocation assistance depending on distance
- Competitive paid time off package
- 401K plan
- Medical, dental, vision coverage
- Medical flexible spending account
- Transit flexible spending account
- Short- and long-term disability
- Employee assistance program
- Merchandise discount
Salary:
$114,000 - $129,000 annually
The offered salary or salary range is based on several factors, including, but not limited to, overall experience, relevant experience, education level, certifications, applicable skills and expertise, and location of the position.
NOTICE FOR CALIFORNIA JOB APPLICANTS AND EMPLOYEES: For information regarding how we handle your personal information and to exercise your rights under the California Consumer Privacy Act, please see our Privacy Policy at Uniqlo.com.
The Company is committed to equal pay initiatives and will not ask candidates for their current or past salary.
As an Equal Opportunity Employer, UNIQLO USA does not discriminate against applicants or employees because of race, color, creed, religion, sex, national origin, veteran status, disability, age, citizenship, marital or domestic/civil partnership status, sexual orientation, gender identity or expression or because of any other status or condition protected by applicable federal, state, or local law.
The Company is committed to equal pay initiatives and will not ask candidates for their current or past salary.
As an Equal Opportunity Employer, Fast Retailing does not discriminate against applicants or employees because of race, color, creed, religion, sex, national origin, veteran status, disability, age, citizenship, marital or domestic/civil partnership status, sexual orientation, gender identity or expression or because of any other status or condition protected by applicable federal, state or local law.