- Allocate all product to all stores including new, promotional, replenishment and end-of-lifecycle products to optimize sales and gross profit against inventory investments
- Create plans that deliver against financial goals, including the optimal level of inventory by store and overall
- Take into account consumer use/demand for products, regional differences, store feedback, interrelationships between products
- Create scalable processes that use system automation where possible and that include a cross-functional calendar and timelines
- Collaborate closely with Finance, Product Management and Retail teams to understand the consumer behavior, the overall product hierarchy, our short-term and long-term financial targets, and our long-term growth initiatives
- Recommend promotional strategies in coordination with Marketing, Retail and Product
- Develop analytics and reporting on the following:
- Product and product category level performance, store, regional and total company level performance
- Trends vs prior year, plan and forecast; work with Product Management to develop product and product category forecasts
- Unit and dollar sales, sell-through, sales-to-stock ratios, gross margin return on inventory investment
- Participate/lead product performance and buy reviews; make recommendations based on analysis and insights that align with financial objectives
- 5-7 years of retail merchandise planning & allocation experience
- Strong analytical experience
- Must be highly skilled with Microsoft Excel and Power BI or demonstrated ability to learn with experience on other analytics platforms; SQL skills are a strong plus
- Highly collaborative, with ability to work in partnership with all levels of the organization
- Strong written and verbal communication skills with both external and internal business partners
- Thrive in high-energy and fast-paced office environment, subject to quick turnaround situations
- Ability to organize work and manage multiple projects and priorities while meeting deadlines with minimal oversight
- Strong business acumen
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Merchandise Planning - Fort Worth, United States - Tandy Leather Factory
Description
Job Description
Job DescriptionSUMMARY:
Tandy is seeking a Merchandise Planning & Allocation Manager with strong data analysis, retail merchandise planning & allocation experience to partner with the finance, merchandising, and retail teams. The Merchandise Planning & Allocation Manager is a new position for the Company and will be responsible for managing all aspects of inventory allocation for our 100+ fleet of retail stores including replenishment, seasonal and promotional product implementations, regional items, mark-down and other category initiatives to drive profitable sales growth. The successful candidate will have a "roll up your sleeves" mindset, will be collaborative, analytical and a problem-solver who will embrace the opportunity to learn all aspects of the omnichannel retail business. We have a highly sku-intensive product assortment and diverse customer/end-use landscape, creating a unique opportunity to drive out-of-the-box approaches to inventory management. Tandy is an evolving company where capable, curious self-starters can add real value from day one and be recognized for their contributions with career path growth.
JOB TITLE
Merchandise Planning & Allocation Manager
REPORTS TO
Director, Financial Planning & Analysis
LOCATION
Fort Worth, Texas (In office)
MAIN RESPONSIBILITIES
ESSENTIAL QUALIFICATIONS
EQUAL EMPLOYMENT OPPORTUNITY
At Tandy, our diversity is our strength, and we are committed to creating a safe and inclusive workplace for all employees regardless of race, color, religion, marital status, age, national origin, ancestry, physical or mental disability, medical condition, pregnancy, genetic information, sexual orientation, gender identity or expression, veteran status, or any other status protected under federal, state, or local law. Tandy is proud to be an equal-opportunity employer.
ABOUT TANDY
Tandy Leather Factory, Inc., ), headquartered in Fort Worth, Texas, and in business since 1919, is a specialty retailer of a broad product line including leather, leatherworking tools, buckles and adornments, leather dyes and finishes, saddle and tack hardware, and do-it-yourself kits. Tandy Leather distributes its products through its 100+ stores located in 40 US states, 6 Canadian provinces, and Spain.
