The Senior Merchandise Planner will be responsible for planning, forecasting, and managing the merchandise assortment and allocation processes to drive sales and profitability. This role will focus on analyzing sales trends, managing stock levels, and optimizing product placement across various channels. The Merchandise Planner will work closely with buying, retail, and supply chain teams to ensure a smooth and efficient flow of merchandise.
Key Responsibilities:
- Develop and manage merchandise plans to align with sales targets, company strategies, and market demand.
- Analyze historical sales data, trends, and customer preferences to forecast demand and plan inventory effectively.
- Collaborate with the buying team to ensure the right product mix is available in line with seasonal trends and market needs.
- Lead the allocation of merchandise to various stores and distribution channels to optimize stock levels and sales performance.
- Monitor and manage inventory turnover, replenishment, and stock allocation to minimize overstocking and stockouts.
- Conduct regular stock reviews and adjustments based on sales performance, promotions, and seasonality.
- Create and manage weekly, monthly, and seasonal merchandise performance reports to track KPIs, including sales, stock levels, and margins.
- Work closely with retail teams to support store needs and optimize product placement and visibility.
- Analyze sell-through rates and adjust merchandise plans accordingly to meet targets and improve sales.
- Collaborate with the supply chain and logistics teams to ensure timely delivery and stock availability.
- Provide insights into product performance and recommend strategies to maximize sales and profitability.
- Assist in the development and execution of promotional strategies and markdown plans.
Qualifications:
- Bachelor’s degree in Business, Fashion Merchandising, or a related field.
- Proven experience (minimum 3-5 years) in merchandising, retail planning, or a similar role within the fashion or retail industry.
- Strong analytical skills and experience with sales forecasting and inventory management.
- Ability to work with merchandising software and Microsoft Excel (advanced level).
- Strong attention to detail and problem-solving skills.
- Excellent communication and organizational skills.
- Ability to work collaboratively in a cross-functional team environment.
- Proactive, adaptable, and able to thrive in a fast-paced environment.
Seniority level
Mid-Senior level
Employment type
Full-time
Job function
Marketing and Sales
Industries
Retail Apparel and Fashion