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Merchandise Planner

Company: Confidential Retail and DTC Company
Location: Huntington Beach
Posted on: September 18, 2022

Job Description:

Inventory Management

  • Manage Finished Goods inventory across multiple locations
  • Review the WIP for accuracy and ensure all receipts are accounted for in the open-to-buy
  • Resolve escalated availability issues and expedited deliveries of product to maintain correct inventory levels
  • Regularly meet with Design and Production teams to discuss potential new business, SMU orders, current shortages, or anything that could lead to product shortages/overages and act appropriately
    Demand Planning/Inventory Analysis
    • Tops-down Planning: Manage pre-season and in-season financial plans for various sales channels, by category, that support the major growth strategies of the company
    • Bottoms-up Planning: Create monthly, seasonal forecasts by style at SKU level and ensure it fits into the rolling 12-month open-to-buy
    • Submit monthly buys for all product categories, closely following all deadlines provided by the production team
    • Work with design and production to provide assortment files for future collections, so fabric can be accurately planned and purchased
    • Manage weekly reporting and present your findings to management at weekly sales meetings
    • Identify potential sales opportunities as well as potential risks - to increase sales, maximize margin, and manage turn, through strategic planning and reporting
    • Hind sighting: Analyze historical performance against sales and inventory levels to drive strategic assortment decisions for future product offerings. Recommend product phase-out and determine what items can be discounted at the next sale opportunity
    • Update forecasted size ratios by style/color on a monthly basis
    • Partner with the Sales team to forecast for Wholesale and Team sales channels, manage SMU orders, and to ensure we are offering the right assortment for each channel/customer
    • Partner with our Amazon team to ensure we are maximizing the business
      Other
      • Maintain a positive work climate and an environment based on trust, diversity, and inclusion within the team
      • Foster and communicate the values that support the mission and objectives of the company
      • Ad hoc projects and other duties as assigned

        QUALITIES THAT WILL MAKE YOU SUCCESSFUL IN THE ROLE
        • Self-Starter
        • Strong analytical skills, with strong problem-solving abilities and creative resolution skills
        • Strong written and verbal communication skills
        • Ability to drive change
        • Able to thrive in a growing, fast-paced, dynamic small business environment
        • Ability to manage competing priorities

          QUALIFICATIONS
          • B.S. Degree in Business or related field
          • Minimum of 3-5 years in a retail Merchandise Planning role
          • Ecommerce and Wholesale Planning experience required
          • Amazon experience preferred
          • Strong knowledge of retail math
          • Experience with MS Office and advanced proficiency in Excel
          • Deep understanding of the supply and demand planning process
          • NetSuite and NETSTOCK experience is a plus

Keywords: Confidential Retail and DTC Company, Huntington Beach , Merchandise Planner, Other , Huntington Beach, California

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