Merchandise Planner

The Metropolitan Museum of Art; New York (NY); On-site; USD 85,000 - 95,000; Full time

Job summary

An established industry player seeks a Merchandise Planner to analyze and coordinate financial plans for an array of products. This role involves collaborating with product managers and the retail department to ensure effective assortment planning and financial performance. The ideal candidate will have a strong background in product merchandising, excellent communication skills, and a keen attention to detail. Join a passionate team dedicated to creating a dynamic and inspiring art museum experience for all. This position offers competitive compensation and a range of generous benefits.

Benefits

Medical, dental, and vision insurance

403(b) retirement plan

Paid time off

Long-term disability coverage

Flexible Spending Accounts

Commuter benefits

Financial-planning services

Discounts in Museum shops

Access to Museums Council pass

Qualifications

• 2-5 years of experience in product merchandising and sales analysis.
• Strong proficiency with numbers and Excel spreadsheets.

Responsibilities

• Develop and fine-tune assortment financial plans.
• Collaborate with Senior Product Managers to achieve revenue targets.

Skills

Product Merchandising

Sales Analysis

Excel Proficiency

Communication Skills

Organizational Skills

Education

Bachelor's Degree

Knowledge of Art History

Job description

The Met presents over 5,000 years of art from around the world for everyone to experience and enjoy. The Museum lives in two iconic sites in New York City—The Met Fifth Avenue and The Met Cloisters. Millions of people also take part in The Met experience online.

Since its founding in 1870, The Met has always aspired to be more than a treasury of rare and beautiful objects. We are committed to fostering a collaborative and respectful work environment with a staff as diverse as the audiences we engage. Our staff members are art lovers who are passionate about working toward a common goal: creating the most dynamic and inspiring art museum in the world.

At The Met, every staff member – from security officers to researchers to scientists and beyond – lives by our core values of respect, inclusivity, collaboration, excellence, and integrity.

Respect: Engage one another with collegiality, empathy, and kindness, always.

Inclusivity: Ensure that all are and feel welcome and valued.

Collaboration: Reach across boundaries to exchange ideas and work together toward our shared mission.

Excellence: Lead the cultural world in quality and expertise—and inspire curiosity and creativity.

Integrity: Hold ourselves to the highest moral standards, admit when we fall short, and then evolve.

GENERAL STATEMENT OF RESPONSIBILITIES & DUTIES:

As the Merchandise Planner, you will analyze, maintain and coordinate the monthly, quarterly and annual merchandise assortment financial plans. You will partner with merchandise product managers to appropriately plan their assortment to effectively, buy, margin, sell and liquidate products. You will analyze selling histories and productivity to recommend assortment architectures for both new products as well as seasonal and evergreen products. You will collaborate across the Retail department to effectively communicate merchandise planning.

PRIMARY RESPONSIBILITIES & DUTIES:

Develop and fine-tune assortment financial plans at a department, sub-department, and channel level that support the overall department strategy as well as the annualized Retail financial plan

Perform analysis of product reorders to ensure they align with strategic assortment planning.

Develop product life cycle plans from introduction to sell-through and liquidation.

Collaborate and strategize with Senior Product Managers to ensure monthly, quarterly, and annual revenue and gross margin targets are achieved for their respective areas

Responsible for the financial planning of Textiles, Personal Accessories (Annual volume of $8M)

Responsible for the Reordering of core products within individual departments

Create buy plan and strategies for core, fashion, seasonal, special exhibition , and collaborations products that support the overall department goals

Aid in the creation of seasonal SKU Targets and ensure that these targets support the overall financial plan

Establish markdown cadences for individual product areas that support the overall strategy of the business

Communicate with all areas of merchandising (Product Development, Assortment Planning , Web, Catalog, Wholesale, Retail, Visual, Finance and Accounts Payable )

Track, monitor , and report out on financial performance during key process meetings, as well as key strategy meetings

Participate and lead weekly business discussions with the cross functional team

Generate and assist in the analysis of the business

REQUIREMENTS & QUALIFICATIONS:

B.A. required with some knowledge of art history preferred

2-5 years of experience working in product merchandising and/or sales analysis

Prefer prior Merchandise/Classification Planning experience ( Ant USA Preferred)

Require proficiency with numbers and Excel spreadsheets, strong attention to detail, high degree of accuracy with ability to prioritize and to work under pressure to meet deadlines

Require excellent communication skills (both written and verbal) and process orientation

Self-motivated, strong organizational skills, flexibility, and a proven track record finding solutions to problems

A Strong understanding of business acumen required

Prior managerial experience preferred, strong team player with strong project skills

COMPENSATION RANGE:

Pay Range: $85,000.00 - $95,000.00 / Annually

The advertised pay scale reflects the good faith minimum and maximum salary range for this role. The advertised pay scale is not a promise of a particular wage for any specific employee. The specific compensation offered to a candidate may be dependent on a variety of factors including, but not limited to, the candidate’s experience, education, special licensing or qualifications, and other factors.

Visa sponsorship is not available for this position.

Location Requirements

At time of employment, employees are expected to be located within commuting distance of the Museum. “Commuting distance” means that they are located in one of following states: New York, New Jersey, Connecticut, or Pennsylvania (the “Tri-state and PA” areas), and be able to commute to and from the Museum in a single day.

Benefits Offerings

The Museum provides competitive compensation, and generous benefits and perks for all eligible employees.Note: Benefits Offering may differ based on Employee Status.

• Medical, dental, vision and life insurance
• 403(b) basic retirement plan and optional matching retirement plan with an outstanding employer match
• Considerable paid time off, including annual leave, sick leave, and 13 Museum holidays
• Long-term disability coverage
• Flexible Spending Accounts & Health Savings Account (pre-tax income for eligible health care expenses)
• Commuter benefits (pre-tax income for parking or mass transit expenses)
• Free financial-planning services
• Financial assistance for relevant coursework, seminars, and training programs
• 25% discount for staff in Museum shops
• Access to the Museums Council pass, which grants free admission to various museums and cultural institutions

We recognize that it is highly unlikely that someone meets 100% of the desired attributes for a role. If much of this job description describes you, then please apply for this role.

The Met is committed to the full inclusion of all qualified individuals. As part of this commitment, The Met will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed in this process, please contact [e-mail] .

The Metropolitan Museum of Art provides equal opportunity to all employees and applicants for employment without regard to race, color, religion, creed, sex, sexual orientation, national origin, ancestry, age, mental or physical disability, pregnancy, alienage or citizenship status, marital status or domestic partner status, genetic information, genetic predisposition or carrier status, gender identity, HIV status, military status and any other category protected by law in all employment decisions, including but not limited to recruitment, hiring, compensation, training and apprenticeship, promotion, upgrading, demotion, downgrading, transfer, lay-off and termination, and all other terms and conditions of employment.

About the company

The Met presents over 5,000 years of art from around the world for everyone to experience and enjoy. The Museum lives in three iconic sites in New York City—The Met Fifth Avenue, The Met Breuer, and The Met Cloisters. Millions of people also take part ...