Offers “Lbrands”

Expires soon Lbrands

Merchandise Planner

  • Amsterdam (Montgomery County)
  • Marketing

Job description

Description

Victoria’s Secret Beauty is looking for a Merchandise Planner to join the team! This role will be focused on a specific category of business and is responsible for translating the merchant’s vision into viable profitable results through developing and maintaining sales, inventory and margin plans that tie to financial targets.

PRINCIPLE RESPONSIBILITIES:
Pre-Season
• Develop assortment plans for sales, margin and inventory to the style/choice level by store groupings (i.e. cluster, format) in support of productivity and financial targets
• Partner with merchants to create and maintain a seasonal theme-based assortment list and volume targets by store grouping
• Identify and propose initial and promotional pricing by item
• Participate in consensus planning with demand planner; collaborate to drive to "one number" sales plan with recommendations for events, based on class plan and forecast

In-Season
• Analyze and reflect current trends in performance of strategy based on actual sales performance; revise in-season plans for sales and profitability by controlling inventory levels
• Actively manage inventory levels pulling up, pushing back or cancelling orders; partner with inventory deployment to recommend reorders
• Partner with merchant to develop and propose tactics in response to current business trends
• Manage and execute promotional and liquidation strategies

Reporting/Analytics
• Analyze performance for area of responsibility relative to performance of plan and trend for both period and season sales, margin and inventory
• Prepare recommendations and alternatives for key financial meetings/decisions in order to maximize sales and margin and optimize inventory productivity
• Perform trade-off analysis on impact of new items to the assortment identified at a sub-brand level and provide financial planning recommendations

Integration Points
• Partner with central planning to inform, reconcile and revise financial targets based on the category and attribute plans
• Participate in consensus planning with demand planners; collaborate to drive to "one number" plan and recommendations for event modeling
• Partner with Merchant, Demand Planner, Finance, Customer Marketing, Executive Committee to make informed decisions on promotional events and season planning
• Partner with Demand Planning, Merchants, Commercialization and Customer Marketing on exit strategies, new item launches and collections; provide recommendations in response to financial targets
• Work with demand planning to improve reliability through demand plan accuracy
• Integrate with Space Planning to represent the opportunities and constraints that the physical environment creates at store level, monitor results from tests, launches and edits Qualifications

• Bachelor's degree
• 5-7 years of experience
• Vertical retail experience and/or assortment/attribute planning experience a plus
• Strong problem-solving and analytical skills; strong aptitude with numbers; retail math skills
• Ability to advance to high levels of computer literacy; exposure to relevant planning, finance, analytical, data management systems - systems used: JDA Enterprise Software's Enterprise Planning suite
• Strong excel skills; ability to read, adopt and build dynamic reporting
• High energy, staying flexible and positive during fast paced/ ever changing environment
• High degree of communication and partnership; ability to manage up and across
• Optimization mindset - designs and develops models/plans to optimize decisions
• Makes decisions with limited information but also able to synthesize large quantities of data to drive business decisions 

An equal opportunity employer, we do not discriminate in hiring or terms and conditions of employment because of an individual's race, color, religion, gender, gender identity, national origin, citizenship, age, disability, sexual orientation, marital status or any other protected category recognized by state, federal or local laws. We only hire individuals authorized for employment in the United States.

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