Merchandise Planner

Arhaus; Boston Heights (OH); On-site; USD 70,000 - 90,000; Full time

Job summary

A leading company in the home furnishings sector is seeking a Merchandise Planner to create and maintain financial plans for product categories at their Boston Heights office. This role involves analytical responsibilities, collaboration with product developers, and strategy execution to meet financial targets.

Qualifications

• Minimum 5 years of experience in inventory analysis, planning, allocation, or buying.
• Strong attention to detail and a solutions-oriented mindset.
• Capable of achieving business results through highly collaborative teamwork.

Responsibilities

• Lead and execute quarterly/seasonal planning processes.
• Develop annual and seasonal merchandise plans.
• Manage in-season reforecast of category plans.

Skills

Inventory analysis

Planning

Analytical skills

Problem-solving

Communication

Collaboration

Education

Bachelor’s Degree in Business or related field

Tools

Microsoft Excel

Job description

Description:

The Merchandise Planner is responsible for creating and maintaining monthly department and item financial plans for their assigned categories and effectively partnering with the Product Developers and Merchants on identifying and implementing strategies to achieve the approved plans. This role is located onsite at our Corporate Office in Boston Heights, OH.

Essential Duties & Responsibilities:

The ideal Merchandise Planner candidate is curious, innovative, results-oriented, and focused on delivering a best in class customer experience through their work in executing strategy and exceeding financial targets.

Key fundamental skill sets for this role will be the following:

TACTICAL MANAGEMENT

• Lead and execute quarterly/seasonal Hindsight process inclusive of fiscal view and seasonal view as well as other product attributes.
• Develop the annual, seasonal, and merchandise plans for assigned product categories plans in accordance with company goals, historical performance, and trend analysis.
• Create pre-season item level plans for sales, inventory, markdowns/sell out plans, style counts, productivity and margin in partnership with the Planning Manager and Merchants.
• On weekly basis, initiates and oversees analysis of business trends, including but not limited to, category performance, channel selling, margin drivers, and seasonality.
• Owns Markdown and Promotional strategy setting and execution to hit sales, margin, and inventory targets for new and carryover products.
• Ability to collaborate with peers and share best-practice to ensure consistency in tools, reporting and communications.
• Routinely presents recommendations and other analysis to senior leadership and executive management related to driving short and long-term business goals including hind-sights, color/pattern selling, etc.
• Provide strategic guidance to Merchant team.

ANALYTICAL FOCUS

• Manage in-season reforecast of category unit plans/dollar plans, focusing on future opportunities as well as minimizing sales/inventory risks. Partner with Merchants to align on future direction.
• Partner with merchants to develop and propose business tactics in response to current business trends, advising them on open-to-buy, optimum unit purchasing, etc.
• Evaluate stock and sales by location for replenishment of product and make recommendations to balance inventory and optimize margins.

Requirements:

• Bachelor’s Degree in Business or related field required.
• Minimum 5 years of experience in inventory analysis, planning, allocation or buying.
• Technological proficiency, including the ability or aptitude to learn new technical applications; high proficiency in Microsoft Excel.
• Strong attention to detail and a solutions-oriented mindset, using both analytical and problem-solving skills.
• Self-motivated and able to work in an ever-changing environment with efficiency and accuracy.
• Demonstrate strong listening, written and oral communication skills.
• Able to present problem analysis and recommended solutions in a creative and logical manner to variety of different departments that motivates them to action.
• Capable of achieving business results through highly collaborative and cross-functional team-work.

Arhaus is an Equal Opportunity Employer and prohibits discrimination and harassment of any kind.Arhaus is committed to the principle of equal employment opportunity for all employees and to providing employees with a work environment free of discrimination and harassment.All employment decisions at Arhaus are based on business needs, job requirements, and individual qualifications, without regard to race, color, sex, sexual orientation, gender identity, religion or belief, family or parental status, or any other status protected by the laws or regulations in the locations where we operate. Arhaus will not tolerate discrimination or harassment based on any of these characteristics. Arhaus encourages applicants of all ages.

Equal Opportunity Employer
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.