Ecommerce Merchandise Planner Loc:Los Angeles, CA
100,000 - 200,000
Job Description:
Essential Responsibilities
- Create and maintain weekly sales analysis reports.
- Hindsight seasonal product sales at season end; share findings with business partners â?? Ecommerce Merch Team & Product Team
- Coordinate, organize and create template of cross functional (ecomm merchants, wholesale sales and product team) review.
- Key Indicators of inventory, sales, markdown and lost sales analysis to be reviewed by MID by season
- Present findings to cross functional group on a quarterly basis.
- Create Templates and power point presentation
- Utilize findings from hindsight to drive and influence future season with product teams
- Use of seasonal hindsight to drive 12 month future forecasting by MID
- Prepare and execute seasonal buys
- 4 times per year creation of seasonal buys in excess of 100 MIDs.
- Utilize hindsight and trend to partner with ecomm merchant on assortment planning and depth of buys.
- Create buys and forecasts that align to company marketing, catalog and product ideas.
- Ensure seasonal buys financially tie to budgets that include sales, inventory and receipt plans
- Forecast carryover and core products; reviewing monthly to manage inventory needs
- Monthly review of sales and inventory needs. Creation of receipt needs, coordination with demand planners.
- Weekly review inventory needs weekly and process STOs to ensure in stock position for carryover and core MIDs
- Ensure that OTB and in stock service levels are tied to overall budget and forecast goals.
- Driver of weekly review of MID performance focusing in on core and carryover as largest part of the business
- Recommending drops and adds quarterly to the assortment.
- Create, maintain and manage OTB for areas of responsibility
- Attend seasonal final line reviews, prepared to speak to business needs
- Communicate inventory availability to Ecommerce Merchandise Team for all seasonal product launches and special partnerships
- Prepare to lead special projects â?? partnership programs, SMUs, quarterly special events
- Build and develop relationships with cross functional business partners to achieve financial results for area of responsibility and total company
- Analyze business performance using SAP & BI tools
Requirements & Qualifications
- Advanced knowledge of retail math and full understanding of merchandise planning
- Must possess excellent organizational and prioritization skills with a strong attention to detail
- Must prioritize and execute tasks in a fast paced environment
- Ability to adapt to shifting priorities, timelines and demands
- Strong communication skills - written and verbal, and ability to work with cross-functional teams
- The ability to apply planning logic to maximize opportunity
- Advanced skills in Excel, Planning/Enterprise Planning systems a plus
Education & Experience
- BA or BS in Merchandising, Business or related field
- 2-4 years of experience in planning for a multi-channel retail environment (ecommerce and/or direct-to-consumer experience preferred)