Merchandise Planner, International

Victoria's Secret; Reynoldsburg (OH); On-site; USD 70,000 - 95,000; Full time

Job summary

Victoria’s Secret in Reynoldsburg, OH is seeking a Merchandise Planner to establish processes that support store growth and international expansion. You will work with the Manager to deliver in-depth sales and inventory analyses and provide recommendations to maximize profitability for Victoria’s Secret International and its Franchise Partners.

Responsibilities include managing sales plans, open-to-buy and inventory by market and format, partnering with regional teams on trends, and driving

Qualifications

• Experience in merchandise planning and inventory management.
• Strong analytical skills with ability to translate data into actionable recommendations.
• Excellent cross-functional collaboration and communication.

Responsibilities

• Set up processes to support store growth and international expansion.
• Analyze sales and inventory to maximize profitability for International and Franchise Partners.
• Collaborate with regional teams to understand market trends and risk/opportunity.
• Provide input to planning meetings to optimize inventory across multiple markets and formats.
• Support assortment goals and product launch cadence.

Job description

Your Role:

The Merchandise Planner will be responsible for setting up processes to support business and store growth with Victoria’s Secret International stores. He/she will work with the Manager to provide crucial in-depth sales & inventory analysis, as well as recommendations to the International team, to maximize sales and profitability for Victoria’s Secret International and its Franchise Partners.

Your Impact:

Merchandise Planning

• Manage sales plans, open to buy, and inventory levels for respective book of business, including separate operating models and store/ecommerce formats
• Partner with regional teams to understand international market trends, nuances, risk/opportunity to achieve business goals
• Analyze and drive business performance/trends to ensure assortment maximizes growth potential; incorporating partner feedback at a country level is often needed to optimize inventory across all business models
• Provide input to Monthly Planning Committee meetings with the goal of optimizing inventory across multiple D.C.s and multiple operating models based on merchandise and partner trends
• Partner with Merchants to support assortment goals and product launch cadence
• Develop and evolve merchandise planning processes to accommodate rapid expansion into new international markets.
• Drive creative thinking that focuses the team on top volume driving ideas and key initiatives.
• Develop rapport with partners and build credibility through effective communication.
• Respond to ad hoc requests from cross-functional teams.

Inventory Management

• Manage merchandise inventory levels by market and store through collaboration with Market Analysts, Demand Forecasters, and Deployment Analysts.
• Drives hardline accountability for local distortions and concentrated market focus and support.
• Continually monitor and adjust inventory in-season to minimize markdowns and deliver end of season mark-out-of-stock.
• Align partner inventory expectations with the brand deployment strategy through continuous education of Victoria’s Secret inventory management process.
• Provide Mast Logistics partners volume projections inclusive of future store growth.