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Accountable for the pro-active management running of the business, by channel, pre-season and in-season. Ensuring effective inventory management, in total and across channels, to maximize sales and margin.
Job Responsibility:
Development of pre-season/in-season plans: Translation of merchant assortment strategies into plans at a subclass/week level that will achieve financial targets
Understanding of marketing calendar and impact to financial architecture
Assessment of past seasons and results providing insight to future plan development and recommendations in concert with merchandising partners
Identifies and reacts to opportunities to increase sales, improve margin, optimize inventories, and decrease markdowns and updates plans accordingly
Performs analytics to uncover opportunities and deliver insights
Pro-active management of inventory, on order positions and margin results: Manage and evaluate inventory positions, to ensure inventory levels optimize sales and margin and improve inventory productivity, including markdown management
Partner with allocation on store and channel plans and allocation strategies
Accountable for managing day-to-day running of the business and meeting deadlines: Provides cross-functional partners with scenarios that quantify upside opportunities and risks and has the ability to make compelling and persuasive cases for proposals that are grounded in sound facts or assumptions
Anticipates potential obstacles and works with cross-functional partners to establish contingency plans
Presents financial information in a concise, clear and confident manner in support of the needs of the business
Synthesizes large, complex data sets into major points and issues that readily facilitate decision-making
Continually examines product successes and failures to extract key lessons
Requirements:
Minimum of 2-4 years in retail as a merchandise planner, allocation, financial analyst, or buyer experience a plus in addition to merchandise planning
Customer-centric focus with understanding of customer needs and ability to understand market trends
Ability to build strong relationships with a diverse group of cross functional partners, and cascade the proper level of information to support decision making
Undergraduate degree in finance, economics, accounting, business or related field
Good systems skills with experience in managing and reporting data in such environments as Excel, Arthur Planning, Data Warehouse, etc.
Key skills: Strong analytical ability, financial acumen, business influence and communication, change agility
What we offer:
Merchandise discount at select KnitWell Group brands
Support for individual development plus opportunities for career mobility within our family of brands
A culture of giving back – local volunteer opportunities, annual donation and volunteer match to eligible nonprofit organizations, and philanthropic activities to support our communities