Merchandise Planner — Inventory, Forecasting & OTB

1616 Holdings Inc; Philadelphia (Philadelphia County); On-site; USD 65,000 - 90,000; Full time

Job summary

Five Below is seeking a Merchandise Planning professional to drive seasonal sales, inventory, and margin plans aligned with corporate targets. You will lead assortment planning, manage category OTB between $50-150M, and optimize stock levels across store groups.

The role requires advanced Excel skills and experience in retail planning. Collaboration with Buyers and senior leadership will shape pricing, promotions, and performance insights.

Qualifications

• 3-5 years of experience in a retail or wholesale environment, including 2-3 as a planner.
• Bachelor’s Degree required.
• Advanced proficiency in Excel, Word and PowerPoint.
• Knowledge of PowerBI, MicroStrategy, Oracle RMS a plus.

Responsibilities

• Develop seasonal sales, inventory, and margin plans by department and store group.
• Manage open-to-buy (OTB) budget for a category, $50-150M.
• Monitor inventory levels and shipments to optimize stock levels.
• Analyze sales performance and adjust pricing, promotions, and markdowns.

Skills

Retail math

Excel

Word

PowerPoint

PowerBI

MicroStrategy

Oracle RMS

Education

Bachelor’s Degree

Tools

PowerBI

MicroStrategy

Oracle RMS

Job description

Five Below is seeking a Merchandise Planning professional to drive seasonal sales, inventory, and margin plans aligned with corporate targets. You will lead assortment planning, manage category OTB between $50-150M, and optimize stock levels across store groups.

The role requires advanced Excel skills and experience in retail planning. Collaboration with Buyers and senior leadership will shape pricing, promotions, and performance insights.