Retail Planner-Temp/Perm - Century 21 NYC
New York, NY
About the Job
THE ROLE
Reporting to the Director of Planning, the Retail Planner drives the sales plan through a consistent focus on studying the business, monitoring inventory and sales performance, and providing analysis necessary to bring in new products to meet the needs of the customer. They will track the sales performance of existing products and assist in the determination of the next steps; this includes developing in-season forecasts and future merchandise plans for a given gender / class. The Retail Planner will work closely with the Buyer to optimize store assortments and ensure that the merchandise financial targets are met including tracking and managing the open-to-buy sales and inventory. The role requires strong analytical skills, financial acumen, and knowledge of the Retail market to inform the retail buy plans and set financial goals for the company. The Retail Planner is responsible for reviewing stock to sales ratios, responding to changing sales trends, and ensuring plan sales, plan markups, and plan markdowns are achieved by departments.
ESSENTIAL FUNCTIONS
- Create seasonal/monthly plans and forecasts for sales, inventory and gross margin
- Provide daily and weekly updates on business as it relates to the forecast, identifying trends and highlighting sales that exceed or fall short of expectations
- Manage and update monthly Open to Buy
- Initiate and develop actionable analysis to recap business by class/vendor at a top line to create strategies to drive sales and profit
- Recommend buys based on analysis of the business prior to market-based on sales, profitability and sell-throughs
- Monitor flow of initial assortments as well as re-orders.
- Validate stock to sales relationships, maximize receipts flow to improve turnover
- Recap business by class/style/team and size. Create best seller/worst seller reports on weekly/monthly basis
- Produce weekly reports recapping sales, inventory, gross margin versus plan by class
- Develop item plans
QUALIFICATIONS
- To perform this job successfully, the candidate must be able to perform each essential duty above at the highest levels. The requirements listed below are representative of the knowledge, skill, and/or ability required.
- Bachelor’s Degree preferred
- 3-5 years’ experience of full life-cycle merchandise analysis (forecast and in-season, through allocations) for a retail business
- Experience in financial analysis and complex data analysis
- Demonstrated interpersonal, written and verbal communication skills
- Strong presentation skills and ability to speak effectively in front of a large group
- Strong computer skills in Excel (macros, v-lookups, pivot tables, complex formulas, etc.)
- Strong organizational skills with the ability to manage multiple tasks and meet deadlines.
- Analytical mindset with experience creating performance reports and identifying improvement areas.
- Collaborative approach with experience working across teams to align goals and strategies.
COMPENSATION
$1,500-$2,000 per week
WORKING CONDITIONS
Location: Hybrid The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. While performing the duties of this job, the employee is regularly required to sit, talk, hear; use hands to finger, and handle controls. The employee frequently is required to reach with hands and arms. The employee is required to stand, walk, and stoop. Specific vision abilities required by this job include close vision and the ability to adjust focus.
Century 21 NYC is an Equal Opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, national origin, disability, or genetic information.