Merchandise Planner - Indianapolis, United States - LIDS Sports Group
Description
** Merchandise Planner - FLC**
Date: Jan 25, 2022 Location: Indianapolis, IN, US, 46278
Store # - Mall Name: Corporate Office **General Summary:**
Work in a fast-paced buying and merchandising department for Fanatics Lids College, Inc. (FLC). FLC partners with Barnes and Nobel Education managing all aspects of the emblematic general merchandise and hard goods for almost 800 college bookstores across North America. The Merchandise Planner is responsible for building financial sales, gross margin, and inventory plans for both pre-season and in-season time periods. These plans should be aligned with the director and the companys financial forecast. Partner with Buying & Merchandising group to create & deliver local assortment strategies maximizing sales and profits. Responsible for the successful development, execution, and communication of financial and inventory plans. Provide analytics and support to the Merchandising organization as well as Executive updates on business performance.
**Principle Duties and Responsibilities:**
Oversee the development of annual, seasonal, monthly & weekly merchandise plans
Construct inventory flow plans, while keeping the turn and GMROI goals top of mind
Manage weekly department level open to buy activities
Provide expert analysis on trends and recommendations to influence cancellations, future purchases, and assortment strategies.
Analyze historic performance to identify areas of opportunity or risk.
Prepare preseason promotional and markdown strategy through partnership with buying and merchandising.
Develop, maintain, and update set of tools & reports to support the needs of the business.
Establish appropriate processes & tools to review product assortments; providing data & analysis to support decision making.
Maintain business processes and serve as subject matter expert for process improvements.
Partner with allocation & supply chain teams to implement consistent and profitable in-season replenishment strategies and practices.
Develop enterprise wide risk mitigation plans and execute when appropriate.
Test multiple business strategies simultaneously, quantifying & communicating business impacts.
Manage SKU intensive businesses.
Manage location intensive assortments.
Manage multiple channels & banners that Lids Sports Group operates under.
Communicate effectively, and at times persuasively, with employees at all levels of the company.
Support and adhere to all company policies, procedures, and guidelines.
Provide excellent customer service as outlined in the HW&L policy manual.
This position manages 1-2 employees and is responsible for leadership, performance management, discipline, and hiring
Other duties as assigned.
**Job Required Knowledge, Skills and Education:**
Bachelors Degree in Business, Finance, Marketing, Fashion Merchandising or a related field.
3-5 years of merchandising, planning, buying, or equivalent experience preferred.
Strong understanding of retail math and measure used in financial reporting.
Proven ability to perform independently with minimal supervision.
Ability to operate a computer and maneuver relative software programs.
Analytic Skills: Ability to think objectively and interpret meaningful themes from quantitative and qualitative data
Financial and Business Acumen: Ability to evaluate financial and business indicators and translate data into actionable information to drive results.
Problem Solving & Decision Quality: Able to use rigorous logic and methods to solve problems with effective solutions
Relationship Management: Able to build constructive and effective relationships with a broad and diverse group of business partners, both internally & externally.
Dealing with Paradox: Ability to balance conflicting & competing priorities. Delivering a set of options, detailing impacts for each while driving to a single recommendation.
Presentation Skills: Effective in a variety of presentation settings including one-on-one, small and large groups, and with peers and Executives
Influencing and Negotiation: Can present ideas and directions that lead others to action
Planning and Priority Setting: Demonstrate an ability to set objectives and goals and organize work appropriately to meet and exceed goals
Process Management: Can identify and articulate the processes necessary to get things down efficiently and align resources effectively complete activities
Systems and Tools Acumen: Advanced capabilities in Microsoft Excel, Proficiency in Microsoft Access, Powerpoint and Word. Must also have aptitude to learn technical applications quickly
Risk Management: Anticipate risks and identifies contingency plans and processes to prevent disruptions when risks occur
**Physical/ Travel Requirements:**
In order to perform the essential functions of this job, an employee must be able to meet the following physical demands: While performing the duties of this job, the employee is frequently required to sit; talk; or hear. The employee is occasionally required to stand; walk; use hands to finger; handle; or feel; reach with hands and arms, and stoop; kneel; or crouch. The employee must occasionally lift and/or move up to 50 pounds. Specific vision abilities required by this job include close vision, distance vision and depth perception
This position requires less than 10% travel
Ability and willingness to travel overnight for training and/or business meetings
**Nearest Major Market:** Indianapolis
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