Merchandise Planning Assistant

Macy's; New York (NY); On-site; USD 55,000 - 75,000; Full time

Benefits offered by this job

Health insurance

401(k) match

Paid time off

Eight paid holidays

Tuition reimbursement

Employee Assistance Program

Job summary

Macy’s, Inc. in New York is seeking an Assistant, Merchandise Planning to help develop and execute strategies that drive sales and profitability.

You will analyze sales data, forecast demand, and collaborate with buying, marketing and inventory teams to craft seasonal plans and assortments. The role emphasizes strong communication, independent work, and the ability to adapt to changing priorities, while monitoring stock levels, optimizing inventory, and delivering regular performance reports to

Qualifications

• Bachelor's degree or equivalent work experience in a related field.
• 1-2 years of financial or inventory management experience.
• Strong communication and collaboration skills.
• Proficiency in office software and data analysis tools.

Responsibilities

• Analyze historical sales data, current trends, and market information to forecast future sales and demand.
• Assist in developing seasonal merchandise plans and assortment strategies with cross-functional teams.
• Monitor inventory levels and sell-through rates to optimize stock and minimize excess inventory.
• Generate and maintain regular reports on sales performance, inventory metrics, and KPIs.
• Conduct competitive analysis and market research to identify trends and opportunities for growth.
• Assist in creating merchandise financial plans, including sales, margin, and inventory targets.
• Foster an environment of acceptance and respect with colleagues and communities.
• Support ad-hoc analyses and projects as needed.

Skills

Communication Skills

Independence and Adaptability

Demand Forecasting

Hold and Flow Optimization

Risk Management

Analytical and Problem-Solving

Strategic Planning

Issue Recognition and Resolution

Education

Bachelor's degree or equivalent work experience

Job description

Be part of an amazing story Macy’s is more than just a store. We’re a story. One that’s captured the hearts and minds of America for more than 160 years. A story about innovations and traditions…about inspiring stores and irresistible products…about the excitement of the Macy’s 4th of July Fireworks, and the wonder of the Thanksgiving Day Parade. We’ve been part of memorable moments and milestones for countless customers and colleagues. Those stories are part of what makes this such a special place to work.

Job Overview

The Assistant, Merchandise Planning will assist in developing and executing merchandise strategies to achieve financial targets. They are responsible for analyzing sales data and trends for forecasting, developing seasonal merchandise plans and assortment strategies and monitoring inventory levels and sell- through rates.

What You Will Do

• Analyze historical sales data, current trends, and market information to forecast future sales and demand.
• Assist in developing seasonal merchandise plans and assortment strategies in collaboration with cross-functional teams, including buying, marketing, and inventory management.
• Monitor inventory levels and sell-through rates, identifying risks and opportunities to optimize stock levels and minimize excess inventory.
• Generate and maintain regular reports on sales performance, inventory metrics, and key performance indicators (KPIs) to track progress against targets.
• Conduct competitive analysis and market research to identify emerging trends and opportunities for growth.
• Assist in the creation and maintenance of merchandise financial plans, including sales, margin, and inventory targets.
• Foster an environment of acceptance and respect that strengthens relationships, and ensures authentic connections with colleagues, customers, and communities.
• Support ad-hoc analysis and projects as needed.

Skills You Will Need

Communication Skills: Strong communication, storytelling, and presentation skills to effectively convey information to stakeholders.

Independence and Adaptability: Capability to work independently with minimal supervision and adapt to a flexible schedule based on department and store/company needs.

Demand Forecasting and Optimization: Proficiency in demand forecasting and inventory optimization techniques.

Hold and Flow Optimization: Experience in optimizing and executing hold and flow strategies for inventory management.

Risk Management: Ability to manage risk optimization and service levels effectively.

Analytical and Problem-Solving Skills: Strong analytical skills, including trend and pattern recognition, and the ability to solve problems efficiently.

Strategic Planning: Proficiency in effectively planning and executing strategies to achieve objectives.

Issue Recognition and Resolution: Capability to recognize issues and address them directly, ensuring smooth operations.

Who You Are

• Candidates with a bachelor’s degree or equivalent work experience in a related field are encouraged to apply. 1-2 years of financial or inventory management experience.
• This role involves performing essential job functions such as communication, collaboration, and use of office and computer systems. Responsibilities include the ability to access and review written and electronic information, and to move within the work environment and interact with workplace materials as needed to carry out job responsibilities.
• Able to work a flexible schedule based on department and company needs.

What We Can Offer You

Join a team where work is as rewarding as it is fun! We offer a dynamic, inclusive environment with competitive pay and benefits. Enjoy comprehensive health and wellness coverage and a 401(k) match to invest in your future. Prioritize your well-being with paid time off and eight paid holidays. Grow your career with continuous learning and leadership development. Plus, build community by joining one of our Colleague Resource Groups and make a difference through our volunteer opportunities.

Some Additional Benefits We Offer Include

• Merchandise discounts
• Performance-based incentives
• Annual merit review
• Employee Assistance Program with mental health counseling and legal/financial advice
• Tuition reimbursement

About Us

This is a great time to join Macy’s! Whether you’re helping a customer find the perfect gift, streamlining operations in one of our distribution centers, enhancing our online shopping experience, buying in-style and on-trend merchandise to outfit our customers, or designing a balloon for the Thanksgiving Day Parade, we offer unique opportunities to be part of some of the most memorable moments in people’s lives.

Macy's, Inc. is an Equal Opportunity Employer, committed to a diverse and inclusive work environment.

This position may be eligible for performance-based incentives/bonuses. Benefits include 401k, medical/vision/dental/life/disability insurance options, PTO accruals, Holidays, and more. Eligibility requirements may apply based on location, job level, classification, and length of employment. Additional benefit details are available at macysJOBS.com.