Manager, Merchandise Planning

060 SAKS & CO LLC; Bangor (ME); On-site; USD 128,000 - 163,000; Full time

Benefits offered by this job

Medical insurance

Employee discount

401(k) retirement plan

Vision insurance

Dental insurance

Job summary

Bergdorf Goodman is seeking a Manager, Merchandise Planning to lead the full omni-channel P&L and inventory efficiency.

You will drive pre-season and in-season financial plans and forecasts for multiple divisions, presenting data-driven recommendations to senior leaders and partnering with DMMs, Buyers, vendors and cross-functional teams to maximize sales, profit and inventory across store and online channels.

Qualifications

• Bachelor's degree is required.
• 5-7 years of planning or merchandising experience.
• 1-2 years of supervisory experience preferred.

Responsibilities

• Develop and communicate pre-season plans and in-season forecasts that support divisional strategies.
• Drive and lead the monthly OTB process with data-driven recommendations for stakeholders.
• Deliver accurate forecasts for sales, markdowns, receipts and inventory balance.
• Manage top-down and bottom-up financial plans and projections.
• Oversee brand negotiations regarding sales, purchases, inventory and profitability.

Skills

Leadership

Analytical mindset

Excel skills

Communication

Organizational skills

Education

Bachelor's degree

Tools

Excel

Job description

Salary Range $128,000 - $163,000*

WHO WE ARE

A New York landmark since 1901, Bergdorf Goodman represents the global pinnacle of style, service and modern luxury. With its rich history of showcasing leading and emerging designers, the iconic store at 5th Avenue and 58th Street—the crossroads of fashion—is a singular destination for discerning customers around the world. BG.com expands on Bergdorf Goodman's heritage, showcasing coveted collections for men and women in an unparalleled online shopping experience. Bergdorf Goodman is part of Saks Global’s portfolio of top luxury retail brands and real estate assets.

YOU WILL BE

The Manager, Merchandise Planning is the strategic leader for their category, owning the full omni-channel P&L and inventory efficiency. They are responsible for driving Pre-Season and In-Season financial plans and forecasts for multiple divisions/groups of the BG business at the vendor/category/classification level. The MMP is responsible for developing and presenting thoughtful financial plans and forecasts that align to the merchandise strategy to maximize sales, profit, and inventory. The MMP will be a key stakeholder and closely partners with the DMMs, Buyers, vendors and cross-functional teammates while leveraging analytics and formulating strategies to drive business across both store and online channels. This position reports to the Director of Merchandise Planning and has one direct report. The MMP is responsible for the development and training of the Merchandise Planner on their team.

WHAT YOU WILL DO

• Develop and communicate pre-season plans and manage in-season forecasts that support divisional strategies.
• Drive and lead the divisional partnership for the monthly OTB process, present to the senior leadership team, and synthesize data-driven recommendations for stakeholders.
• Deliver accurate, aligned forecasts for key profit-driving metrics, including sales, markdown strategies, receipt management, and inventory balance.
• Manage and reconcile top-down and bottom-up financial plans and projections.
• Ensure vendor and category plans appropriately capture opportunities and liabilities by channel.
• Oversee the strategic growth of category inventory by maximizing turnover and actively reducing markdown liabilities.
• Manage inventory ownership and mitigate risk through financial modeling.
• Build the full suite of seasonal and fiscal purchase plans for the business, including a comprehensive checkbook encompassing brand details by channel, delivery budgets, and class/category SKU breadth and depth targets.
• Partner with merchants to lead brand negotiations regarding sales, purchases, inventory, and profitability.
• Apply an entrepreneurial approach by developing or adapting financial tools to better manage division business.
• Partner with merchants and leadership to develop product performance reporting tools.
• Perform ad-hoc analysis and recommend courses of action to drive sales and profit.
• Collaborate closely and build trust across cross-functional teams to drive desired results.
• Lead and inspire teams and partners, contributing to an environment that strengthens the organization through training and development initiatives.
• Oversee the training and professional development of Merchandise Planners.
• Support the mentorship and professional development of merchant teams through involvement in internal training programs.

WHAT YOU WILL BRING

• Strong leadership, management, communication, customer service, and organizational skills.
• A sharp analytical and strategic mindset, paired with the drive to be a thoughtful decision-maker and business leader.
• Must possess a comprehensive understanding of retail math, cost accounting, and advanced Excel skills.
• Flexibility and strategic agility to thrive in a fast-paced, changing environment with a solution-oriented mindset.
• Exceptional people development and team-building skills.
• Proven process management capabilities.
• 5-7 years of planning or merchandising experience.
• 1-2 years of supervisory experience is preferred.
• Bachelor's degree from a four-year college or university.

YOUR LIFE AND CAREER AT SAKS GLOBAL

• Opportunity to work in a dynamic fast paced environment at a company experiencing growth and transformation.
• Exposure to rewarding career advancement opportunities across the largest multi-brand luxury retailer from retail to distribution, to digital or corporate.
• Comprehensive benefits package for all eligible full-time employees (including medical, vision and dental).
• An amazing employee discount.

BENEFITS

• Medical insurance
• Dental insurance
• Vision insurance
• 401(k) retirement plan
• Basic life insurance
• Supplemental life insurance
• Disability insurance
• A variety of additional voluntary benefits (such as critical illness, hospital and accident insurance).

Exemplar Luxury Group is an equal employment opportunity employer and is committed to providing reasonable accommodations to applicants with disabilities.

Compensation for this role varies by geographic location. The listed range reflects multiple markets, including higher-cost areas. Actual starting pay will be determined based on work location, experience, and other job-related factors.

Exemplar Luxury Group is a world-renowned luxury ecommerce destination. The company’s unique approach combines a focus on the digital customer experience with a strong connection to a network of extraordinary stores that extends that seamless experience into the real world. On its website and app, Exemplar Luxury Group offers an unparalleled selection of curated merchandise across fashion for women and men, beauty, jewelry, home décor and more. In addition to the shopping experience, customers come to Exemplar Luxury Group for inspiring editorial content, access to digital stylists, lifestyle experiences and other world-class services. The company is currently in the midst of a dramatic expansion, driven by significant enhancements to its platforms and offerings, with the goal of becoming the preeminent destination for luxury internationally.