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    Merchandise Planner - Chicago, United States - Notre Shop

    Notre Shop
    Notre Shop Chicago, United States

    2 weeks ago

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    Description

    **JOB SUMMARY**

    The Merchandise Planner serves as a business partner to the Buying Team to analyze, plan, forecast, and evaluate financial data to support and implement profitable merchandise strategies. Focus on creating and maintaining buy/financial plans, projections, allocation, replenishment, and financial analysis is key.

    **JOB DUTIES**

    Responsibilities include:

    Support CFO in developing seasonal OTB by brand by category; liaising with Director of Buying and Buyers as necessary. Ensure OTB ties to financial target and trends

    Follow-through to ensure that OTB budgets once approved by CFO/CEO are updated and respected by Buying Team. Update CFO on a timely basis on any requests made by Buying Team or HQ that could affect the OTB which has been approved locally

    Manage all Carry Over orders within market as well as off-market periods

    Monitor seasonal and non-seasonal opportunities at SKU level. Review bestsellers with buyers weekly (including WOS report), and project reorder quantity at the size level in a timely manner

    Make recommendations for allocations/transfers at SKU level for stores

    At the end of each of season, identify categories with excess inventory to lead mark-down and movement to outlet analysis and decision

    Provide in-depth analysis and reporting: Weekly & Monthly sales reports, sales by class, sell-through, Bestsellers, WOS, etc.

    Prepare and issue daily/weekly reporting on Business Performance, including Sales Penetration, Best Sellers, Slow Sellers, Sales vs Plan, etc., with quantitative comments on key drivers, risks, and opportunities.

    For Store and E-commerce, monitor receipts flow and pro-actively recommend strategies to maintain adequate inventory levels and achieve sales targets

    Analyze historical data to identify risks and opportunities at the SKU level.

    Responsible for developing the Retail, Outlet and E-Commerce channel annual sales plans and ensuring alignment with the OTB plans

    Responsible for creating daily sales goals for each channel, based on monthly and annual goals

    **JOB REQUIREMENTS**

    Strong leadership, management, communication, customer service, and organization skills

    Flexible and able to perform in a fast paced, changing environment

    Exceptionally strong Excel skills

    Understanding of concepts related to merchandise planning such as projections, gross margin, sell through, etc.

    Functional/Technical skills

    Process Management

    Strategic Agility

    Self-motivated and action/results oriented

    Managing and measuring work

    2 - 5 years of retail & merchandising planning experience

    Bachelor's degree from a four-year college or university

    Proficiency in Google Analytics is a big plus.



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