If you are a self-motivated and results-driven individual with a passion for merchandising and driving sales, we would love to hear from you. Join our dynamic team and be a part of our company's growth and success.
Job Title: Merchandise Planner
Position Overview: We are seeking a highly organized and analytical Merchandise Planner to join our team. As a Merchandise Planner, you will play a critical role in driving profitable sales and managing inventory levels for our company. You will be responsible for developing and executing merchandise strategies, analyzing sales data, and forecasting demand to ensure our products are in the right place at the right time.
Key Responsibilities:
- Create and manage merchandise plans for assigned categories, taking into account sales trends, historical data, and market trends
- Analyze sales data and make recommendations for product assortment, pricing, and promotions
- Forecast demand for products based on market trends, promotional activities, and inventory levels
- Work closely with cross-functional teams such as buying, marketing, and operations to ensure alignment on merchandise strategies and goals
- Monitor inventory levels and make adjustments to purchase orders as needed to maintain optimal stock levels
- Identify and communicate potential risks and opportunities to drive sales and mitigate inventory risks
- Partner with vendors to negotiate cost and terms for merchandise purchases
- Attend trade shows and market events to stay updated on industry trends and gather competitive intelligence
- Develop and maintain strong relationships with vendors and internal stakeholders
- Provide regular reports and analysis to senior management on merchandise performance and inventory levels
Qualifications:
- Bachelor's degree in Business Administration, Merchandising, or related field
- 3+ years of experience in merchandise planning, buying, or inventory management
- Strong analytical and problem-solving skills with the ability to interpret data and make strategic decisions
- Excellent organizational and time management skills with the ability to manage multiple projects and deadlines
- Proficient in Microsoft Excel, with experience in data analysis and forecasting
- Strong communication and interpersonal skills, with the ability to collaborate with cross-functional teams
- Experience with retail math and understanding of key retail metrics such as sales, margin, and inventory turnover
- Ability to adapt to a fast-paced and ever-changing retail environment
- Strong negotiation and vendor management skills
- Experience with merchandise planning software is a plus
Apply now and take the first step towards a rewarding career as a Merchandise Planner.