Merchandise Planner- Family Dollar Job at Family Dollar
General Summary:
The Merchandise Planner develops, executes and communicates strategic merchandise financial plans that support the company’s financial, product, and marketing objectives; responsible for driving top line financial plans for a book of business from a category to class/season level; strategically managing the business in order to maximize sales and margin, and optimizing inventory; develops and contributes to the development of company initiatives and ensures that all planning activities support annual goals.
Principal Duties & Responsibilities:
Strategic Financial Plans At a category/class/season level develop sales, gross margin and inventory plans that support the categories and company’s financial goals. Alignment with merchants to ensure product assortment meet the financial goals. Use historical data, current trends and strategy to identify risk and opportunity to achieve financial goals Create, maintain and communicate assumptions used to in creating the plan architecture Weekly Business Management Identify opportunities and risks relative to sales, margin, and inventory productivity; develop action plans to address issues and opportunities Manage the markdown process and collaborate with cross-functional partners to ensure that markdowns fit within the financial plan; identify Markdown risks and recommend strategies to limit liabilities. Develop ad hoc projections that simulate different business decisions Strategic Monthly Forecast Review Review forecasts with a focus on maximizing profit, optimizing inventory, and managing risk across divisions. Incorporate marketing, markdown, and inventory management plans to exploit business prospects. Review and meet with merchant team to align on all financial revisions Work collaboratively with cross-functional partners to ensure alignment to monthly changes Communicate clearly and effectively updates and action plans Assortment Planning Create pre-season category plans to support the development of the assortment Review historical data at cluster, category and key item level to understand prior performance Set sales, margin, flow, and IMU goals prior to the planning of each delivery; reconcile tops down and bottom up forecasts prior to the passing of receipts to the merchant organization Participate in buy review with merchants, planners and allocators to ensure appropriate breadth and depth and flawless execution. Collaborate with lead merchants to ensure that plans support product goals. Lead and facilitate buy finalization meeting with merchant; review pre-season plans that support new assortment; identify risks and opportunities relative to product, flow, and presentation Gain consensus on assortment and plans from management; manage the locking process for seasonal plans; forecast seasonal and source plans to validate key metrics Manage Business Partner with merchandising and other cross-functional teams to achieve financial goals through active management of the business Be proactive in identifying risk and opportunities in a timely manner; develop action plans to limit risk and capitalize on opportunities Other duties as assigned.
Position Requirements:
Office work environment, 40+ work hours per week
Minimum Requirements:
Education: Bachelor’s Degree from a four-year college or university preferred; advanced degree a plus
Experience: four or more years of related experience in an analyst or planner role. This should include prior experience in the retail industry.
Job Related Skills : Well-developed written and verbal communication skills including the ability to present complex material in an
organized and compelling manner; ability to influence and negotiate at a variety of levels; strong problem-solving and decision-making
skill set.
Computer Skills : Well-versed in planning systems as well as advanced Microsoft Windows applications; strong knowledge of financial
theory is required. Experience with SAS and Micro Strategy preferred.
Please Note :
blog.nvalabs.org is the go-to platform for job seekers looking for the best job postings from around the web. With a focus on quality, the platform guarantees that all job postings are from reliable sources and are up-to-date. It also offers a variety of tools to help users find the perfect job for them, such as searching by location and filtering by industry. Furthermore, blog.nvalabs.org provides helpful resources like resume tips and career advice to give job seekers an edge in their search. With its commitment to quality and user-friendliness, Site.com is the ideal place to find your next job.
The Merchandise Planner develops, executes and communicates strategic merchandise financial plans that support the company’s financial, product, and marketing objectives; responsible for driving top line financial plans for a book of business from a category to class/season level; strategically managing the business in order to maximize sales and margin, and optimizing inventory; develops and contributes to the development of company initiatives and ensures that all planning activities support annual goals.
Principal Duties & Responsibilities:
Strategic Financial Plans At a category/class/season level develop sales, gross margin and inventory plans that support the categories and company’s financial goals. Alignment with merchants to ensure product assortment meet the financial goals. Use historical data, current trends and strategy to identify risk and opportunity to achieve financial goals Create, maintain and communicate assumptions used to in creating the plan architecture Weekly Business Management Identify opportunities and risks relative to sales, margin, and inventory productivity; develop action plans to address issues and opportunities Manage the markdown process and collaborate with cross-functional partners to ensure that markdowns fit within the financial plan; identify Markdown risks and recommend strategies to limit liabilities. Develop ad hoc projections that simulate different business decisions Strategic Monthly Forecast Review Review forecasts with a focus on maximizing profit, optimizing inventory, and managing risk across divisions. Incorporate marketing, markdown, and inventory management plans to exploit business prospects. Review and meet with merchant team to align on all financial revisions Work collaboratively with cross-functional partners to ensure alignment to monthly changes Communicate clearly and effectively updates and action plans Assortment Planning Create pre-season category plans to support the development of the assortment Review historical data at cluster, category and key item level to understand prior performance Set sales, margin, flow, and IMU goals prior to the planning of each delivery; reconcile tops down and bottom up forecasts prior to the passing of receipts to the merchant organization Participate in buy review with merchants, planners and allocators to ensure appropriate breadth and depth and flawless execution. Collaborate with lead merchants to ensure that plans support product goals. Lead and facilitate buy finalization meeting with merchant; review pre-season plans that support new assortment; identify risks and opportunities relative to product, flow, and presentation Gain consensus on assortment and plans from management; manage the locking process for seasonal plans; forecast seasonal and source plans to validate key metrics Manage Business Partner with merchandising and other cross-functional teams to achieve financial goals through active management of the business Be proactive in identifying risk and opportunities in a timely manner; develop action plans to limit risk and capitalize on opportunities Other duties as assigned.
Position Requirements:
Office work environment, 40+ work hours per week
Minimum Requirements:
Education: Bachelor’s Degree from a four-year college or university preferred; advanced degree a plus
Experience: four or more years of related experience in an analyst or planner role. This should include prior experience in the retail industry.
Job Related Skills : Well-developed written and verbal communication skills including the ability to present complex material in an
organized and compelling manner; ability to influence and negotiate at a variety of levels; strong problem-solving and decision-making
skill set.
Computer Skills : Well-versed in planning systems as well as advanced Microsoft Windows applications; strong knowledge of financial
theory is required. Experience with SAS and Micro Strategy preferred.
Please Note :
blog.nvalabs.org is the go-to platform for job seekers looking for the best job postings from around the web. With a focus on quality, the platform guarantees that all job postings are from reliable sources and are up-to-date. It also offers a variety of tools to help users find the perfect job for them, such as searching by location and filtering by industry. Furthermore, blog.nvalabs.org provides helpful resources like resume tips and career advice to give job seekers an edge in their search. With its commitment to quality and user-friendliness, Site.com is the ideal place to find your next job.