Associate Merchandise Planner

Effy Jewelry; New York (NY); On-site; USD 75,000 - 85,000; Full time

Job summary

A leading luxury retail company is seeking an Associate Merchandise Planner to join their HF Duty Free Team in New York. The role involves supporting product planning and allocation to meet sales and inventory targets. The ideal candidate will have a Bachelor's degree and experience in planning or allocation, along with strong analytical and communication skills. Join a diverse team committed to excellence in retail.

Qualifications

• 1-3 years of experience in planning, allocation, or a similar role.
• Proficiency in data analysis tools and strong analytical skills.

Responsibilities

• Support planning and allocation of product categories to achieve sales targets.
• Monitor product performance and prepare financial reports.
• Collaborate with teams to align demand plans with business objectives.

Skills

Analytical thinking

Problem-solving

Communication

Teamwork

Education

Bachelor’s degree in business

Bachelor’s degree in finance

Bachelor’s degree in retail management

Tools

Microsoft Excel

Retail planning software

Job description

Associate Merchandise Planner

Location: New York, NY (Onsite)

Salary: $75,000 - $85,000

About Us:

Effy Jewelry is a renowned, family-owned business with over four decades of experience in luxury retail. While best known for our fine jewelry collections, available in over 150 land- and cruise-based boutiques worldwide, we also operate HF Duty Free Team, a separate division focused on multiple product categories within the Duty-Free and Travel Retail sector. HFDF Corp partners with leading brands to deliver a curated retail experience for travelers across the globe.

Position Overview:

We are seeking a detail-oriented and proactive Associate Merchandise Planner to join our HF Duty Free Team. In this role, you will support the planning and allocation of multiple product categories to help achieve sales, margin, and inventory targets across our Duty-Free and Travel Retail operations. This position works closely with buying, logistics, and store operations teams to ensure products are effectively positioned to meet customer demand and align with broader business goals.

Key Responsibilities:

• Partner with merchandising and buying teams to align assortment strategies with financial objectives.
• Monitor and evaluate product performance, identifying opportunities and risks to maximize profitability.
• Prepare and maintain weekly, monthly, and seasonal financial reports and dashboards.
• Provide actionable insights on sales, inventory, and margin performance to support decision-making.
• Support the team in implementing promotional strategies and markdown optimization.
• Develop and maintain accurate demand forecasts using historical data, market trends, and sales insights.
• Collaborate with sales, marketing, and supply chain teams to align demand plans with business objectives and promotional activities.
• Identify and address gaps between forecasted and actual demand, providing actionable recommendations.
• Monitor and manage inventory levels across multiple locations to maintain optimal stock levels and minimize discrepancies.
• Investigate and resolve discrepancies in inventory records and sales data, providing actionable recommendations to prevent future occurrences.

Qualifications:

• Bachelor’s degree in business, finance, retail management, or a related field.
• 1-3 years of experience in planning, allocation, or a similar role.
• Proficiency in data analysis tools, Microsoft Excel, and retail planning software.
• Strong analytical and problem-solving skills with attention to detail.
• Excellent communication and teamwork abilities.
• Ability to manage multiple priorities in a fast-paced environment.

Preferred Competencies:

• Analytical thinking and ability to interpret complex data sets.
• Strong organizational skills to manage multiple tasks and priorities.
• Knowledge of inventory management and sales forecasting techniques.
• Experience working in a collaborative, cross-functional setting.

Effy Jewelry is committed to diversity in its workplace and is proud to offer equal employment opportunities to all persons regardless of age, color, national origin, citizenship status, physical or mental disability, race, religion, creed, gender, sex, sexual orientation, gender identity and/or expression, genetic information, marital status, veteran status, or any other legally protected characteristic in the location in which the candidate is applying. Effy Jewelry applicants are assessed solely on their qualifications for the role, without regard to disability or need for accommodation.