Merchandise and Inventory Planner - ECA Staffing Solutions, Inc
Ponte Vedra, FL 32082
About the Job
Duties and Responsibilities:
" Generate annual merchandising sales, margin and inventory plan to meet company financial objectives and update monthly through OTB projections and analysis
" Responsible for creating sound financial plans that reduce company spending and increase overall profit pertaining to inventory.
" Review forecasts, use past performance to make projections, make recommendations for promotional markdowns, and manage inventory to maximize profitability
" Collaborate with Product Development to determine recommended sku count by category to achieve sales, margin and inventory goals for future development
" Prepare and analyze various reports to analyze assigned categories on a regular basis to understand sales, margin and inventory trends and distribute actionable takeaways based on analysis
" Project gross margin, inventory goals, and sales trends, as well as analyze sales, inventory flow, and merchandise strategies.
" Prepare buy/strategy recommendation for each product release that meets financial targets based on past sales and market trend forecasts as well as retail pricing recommendations based on historical trends of price-point selling
" Track the level of inventory compared to sales goals and keep inventory in line with current trend and sales goals and sell through expectations
" Collaborate to prepare hindsight analysis with Product Development for each key release along with recommendations to capitalize on opportunities and/or reduce risk for upcoming releases
" Compare forecasts to actuals for inventory purchases & sales category/format projections to determine accuracy of forecast and determine action plans to improve forecast accuracy
" Responsible for price management to ensure a proper exit date and maximize profitability
" Research inventory adjustments and differences from inventory sync between PF and WMS daily to understand negative impacts on inventory levels
Education/Experience
" Must be comfortable working as part of a team as well as on solo projects
" Comfortable presenting to multiple audiences
" Advanced Excel skills
" Retail planning experience required, preferably ecommerce
" Bachelor's degree
" Generate annual merchandising sales, margin and inventory plan to meet company financial objectives and update monthly through OTB projections and analysis
" Responsible for creating sound financial plans that reduce company spending and increase overall profit pertaining to inventory.
" Review forecasts, use past performance to make projections, make recommendations for promotional markdowns, and manage inventory to maximize profitability
" Collaborate with Product Development to determine recommended sku count by category to achieve sales, margin and inventory goals for future development
" Prepare and analyze various reports to analyze assigned categories on a regular basis to understand sales, margin and inventory trends and distribute actionable takeaways based on analysis
" Project gross margin, inventory goals, and sales trends, as well as analyze sales, inventory flow, and merchandise strategies.
" Prepare buy/strategy recommendation for each product release that meets financial targets based on past sales and market trend forecasts as well as retail pricing recommendations based on historical trends of price-point selling
" Track the level of inventory compared to sales goals and keep inventory in line with current trend and sales goals and sell through expectations
" Collaborate to prepare hindsight analysis with Product Development for each key release along with recommendations to capitalize on opportunities and/or reduce risk for upcoming releases
" Compare forecasts to actuals for inventory purchases & sales category/format projections to determine accuracy of forecast and determine action plans to improve forecast accuracy
" Responsible for price management to ensure a proper exit date and maximize profitability
" Research inventory adjustments and differences from inventory sync between PF and WMS daily to understand negative impacts on inventory levels
Education/Experience
" Must be comfortable working as part of a team as well as on solo projects
" Comfortable presenting to multiple audiences
" Advanced Excel skills
" Retail planning experience required, preferably ecommerce
" Bachelor's degree
Source : ECA Staffing Solutions, Inc