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This position is responsible for the development of annual, seasonal, monthly, and weekly plans utilizing current sales and trend information. This position is primarily responsible for translating the Merchant’s vision into viable plans and profitable results across Omni channels.
Job Responsibility:
Partners with the Merchants on the development of pre-season sales, markdown, margin, receipt and inventory
Develops projections and inventory flow for key items/collections
Provides other analysis related to driving business goals (e.g. hindsight’s, color-selling, etc.)
Forecasts monthly and seasonal plans, to ensure all orders fall within approved financial targets
Analyzes and reacts to performance of strategy based on actual sales and current trend performance
Prepares and participates in Merchandise Review meetings (MBR, seasonal hindsight)
Partners with Merchant to develop and propose tactics in response to current business trends
Partners with cross functional teams to utilize seasonal selling curves by region, climate, and store attributes
Exhibits initiative to look beyond the everyday business to look for opportunities to maximize sales potentials
Requirements:
Bachelor’s degree in finance, operations, or business preferred
4+ years of experience in: retail merchandise planning, demand forecasting
inventory management, allocation or replenishment
financial planning or financial analysis experience
3 years of retail experience in merchandising/buying or allocation
Strong problem-solving and analytical skills
strong aptitude with numbers
retail math skills, understanding of forecasting methodology
Makes decisions with limited information but also able to synthesize large quantities of data to drive business decisions
Strong communication and presentation skills: concisely presents complex information/recommendations in terms meaningful to various audiences