Merchandise Planning Manager

MGM Resorts International; Las Vegas (NV); Hybrid; USD 90,000 - 130,000; Full time

Benefits offered by this job

Wellness programs

Health & Income Protection benefits

Employee discounts on hotel, F&B, and

Free meals in employee dining room

Free parking on and off shift

Professional development and volunteer

Job summary

MGM Resorts International in Las Vegas is seeking a Senior Merchandise Planning Manager to lead the merchandise planning process for pre-season budgets and in-season forecasting, tracking sales, inventory, margins, receipts, and markdowns.

You will work with Executive Director and Planning Managers to develop store/classification plans, reconcile bottom-up and top-down plans, manage OTB, replenishment, and pricing strategies, while partnering with Retail Finance for monthly and seasonal reviews.

Qualifications

• Bachelor's Degree required.
• 3+ years of prior relevant experience required.
• Experience with MS Word and Outlook (Intermediate level) required.
• Advanced knowledge Internet, PowerPoint and databases required.

Responsibilities

• Assist Executive Director with managing inventory plans from investments through allocation and execution.
• Support planning managers in developing pre-season plans by store/classification and store/vendor.
• Reconcile bottom-up plans to top-down plans and revise variances as needed.
• Review plans with Retail Store Operators and Merchandising and assist with re-forecasting.
• Oversee Open to Buy process to meet sales and margin objectives.
• Manage all aspects of store and vendor replenishment, including setup and schedules.

Skills

Merchandise planning

Education

Bachelor's degree

Tools

MS Word

Outlook

PowerPoint

Databases

Job description

Las Vegas, Nevada The SHOW comes alive at MGM Resorts International Have you ever wondered what it would be like to work in a place full of excitement, diversity, and entertainment? Are you enthusiastic about being a team player in one of the most fascinating industries in the world? At MGM Resorts, we seek individuals like YOU to create unique and show-stopping experiences for our guests.

THE JOB:

The Senior Merchandise Planning Manager is responsible for managing the Merchandise Planning process for both pre-season budgets and in-season forecasting for retail metrics including sales, inventory levels, margins, receipts and markdowns.

THE DAY-TO-DAY:

• Assists Executive Director with managing inventory plans from investments through allocation and execution, including ongoing reviews and updates
• Assists the Planning Managers in using top-down plans to develop pre-season plans by store/classification and store/vendor
• Reconcile bottom- up plans to the top-down plans as set by Executive Director of Planning and review and revise variances
• Reviews plans with Retail Store Operators and Retail Merchandising and assist with re-forecasting as needed
• Responsible for Open to Buy (OTB) process to ensure product flow will meet sales and margin objectives
• Manages all aspects of store and vendor replenishment, including vendor replenishment set up and schedules
• Reviews assortment plans/fixture plans by store to ensure open to buy (OTB) reconciliation and accurate allocation of product
• Oversee the markdown process to maximize gross margins and mitigate risk
• Executes the pricing and promotion strategies to drive incremental gross margin dollars
• Works with Planning Managers, Planners, and Buying teams to ensure timely seasonal transitions of merchandise
• Works with Distribution Center to convert monthly dollar budget into unit flow
• Partners with Retail Finance to prepare and execute monthly, quarterly, and seasonal business reviews
• Reviews P&L and analyze financial reports to determine actionable improvements as it relates to inventory and gross margins

THE IDEAL CANDIDATE:

• Bachelor's Degree required
• 3+ Years of prior relevant experience required
• Experience with MS Word and Outlook (Intermediate level) required
• Advanced knowledge Internet, PowerPoint and databases required

THE PERKS & BENEFITS:

• Wellness incentive programs to help you stay healthy physically and mentally.
• Health & Income Protection benefits (for eligible employees).
• Access to company hotel, food and beverage, retail, and entertainment discounts as well as discounts with company partners on things like travel, electronics, online shopping, and more.
• Free meals in our employee dining room.
• Free parking on and off shift.
• Healthcare, financial, and time off benefits.
• Professional and personal development through programs and networking opportunities as well as volunteer opportunities in the community.

VIEW JOB DESCRIPTION: https://mgmresorts.marketpayjobs.com/ShowJob.aspx?EntityID=2&jobcode=19414

Are you ready to JOIN THE SHOW? At MGM Resorts, we exist to entertain the human race and provide an unforgettable escape. From delivering excellence for our guests to building and sustaining our communities, you can join our diverse teams of world-class talent and thrive in our collaborative environment. Our iconic MGM Resorts brands offer everyone a wide variety of exciting career opportunities with access to unlimited growth. Be part of a unique world filled with anticipation, entertainment and unparalleled experiences — combined with competitive rewards and exclusive perks. Together, we will use our meaningful relationships to continue to build our authentic culture. We know the importance of respecting each other’s differences. We embrace and leverage our diversity to achieve best-in-class experiences and create stronger ties with our employees, guests, suppliers and community partners. We stay committed to taking strong, principled stands on equality to better unify our world.

MGM Resorts International develops, builds and operates unique destination resorts designed to provide a total resort experience, including first-class accommodations and dining, world-class entertainment, state-of-the-art meeting and convention facilities, and high-quality retail and gaming experiences. We know the importance of respecting each other’s differences. We embrace and leverage our diversity to achieve best-in-class experiences and create stronger ties with our employees, guests, suppliers and community partners. We stay committed to taking strong, principled stands on equality to better unify our world.

MGM Resorts International believes in providing opportunity for every employee to grow, develop and succeed in a work environment where you can be your best. We encourage you to explore our job opportunities. If you are an individual with a disability and need a reasonable accommodation for any part of the application process, or in order to perform the essential functions of a position, please contact us at [e-mail]

We are an Equal Opportunity Employer.

We are also committed to protecting the privacy of visitors to our employment application site, including the protection of any personal information provided to us.

For more information about MGM Resorts International, including our privacy policy and commitment to diversity and inclusion, please visit http://www.mgmresorts.com/careers. For California residents, also see our California Privacy Notice that describes the categories of personal information and sensitive personal information we collect and provides certain details about our processing of that information.