Merchandise Planning Manager

Peloton; New York (NY); On-site; USD 70,000 - 110,000; Full time

Job summary

An established industry player is seeking a Merchandise Planning Manager to enhance their Apparel Planning team. In this pivotal role, you will lead pre-season assortment planning and manage in-season financial forecasts across various subsidiaries. Your analytical skills and strategic business acumen will drive financial results, optimize inventory, and ensure that product assortments meet market demands. Join a dynamic team committed to innovation and excellence, where your contributions will significantly impact the company's success and growth in the competitive apparel market.

Benefits

Medical, dental and vision insurance

Generous paid time off policy

Short-term and long-term disability

Access to mental health services

401k and tuition reimbursement

Employee Stock Purchase Plan

Fertility and adoption support

Child care and family care discounts

Free access to Peloton Digital App

Commuter benefits

Qualifications

• 5+ years of experience in retail planning and allocation for digital and retail.
• Strong analytical skills and ability to present business strategies.

Responsibilities

• Drive financial results and manage in-season financial plans.
• Partner with merchandising to ensure strategic assortment plans.

Skills

Retail Planning

Analytical Skills

Strategic Business Acumen

Communication Skills

Detail-oriented

Organizational Skills

Collaborative

Entrepreneurial Spirit

Tools

Google Workspace (G Suite)

Netsuite

Looker

Toolio

Shopify

Job description

ABOUT THE ROLE

We are in search of a Merchandise Planning Manager to join our Apparel Planning team.

You’ll be responsible for driving pre-season assortment planning to managing in-season financial plans and forecasts for multiple subsidiaries at the department/vendor level.

YOUR DAILY IMPACT AT PELOTON

• Drive financial results that maximize revenue, gross margin, inventory turn goals and minimize excess inventory.
• Responsible for maintaining pre-season plans and monthly forecasts with focus on receipt flow and ensure that available inventory meets open to buy strategy.
• Partner with Merchandising/Buying to ensure strategic assortment plans by category allow for proper depth and breadth to support high and low volume stores/channels.
• Develop Planning targets and buys for seasonal investments, including vendor strategy, and product mix to achieve balanced assortment plans across all regions, including international markets.
• Lead in-season product management, pulling financial levers, modeling promotional opportunities, managing markdowns, and partnering with cross-functional team on marketing/messaging.
• Maintain Global Pricing Strategy including competitive landscape analysis.
• Establish key planning deliverables and timelines in conjunction with buy process and key financial deliverables.
• Partner with Director of Apparel Strategy & Planning to reconcile planning forecasts to financial forecasts by subsidiary and develop strategies to amplify and/or address opportunities.
• Take on special projects that enhance the merchandise and planning processes and/or lead to opportunities for increased profitability.
• Perform adhoc reporting and analysis.

YOU BRING TO PELOTON

• 5+ years of experience in retail planning and allocation for both digital and retail businesses.
• Experience in apparel planning for international markets.
• Strong analytical skills paired with strategic business acumen and application.
• Detail-oriented, results-driven, highly motivated, and entrepreneurial. Ability to act as both a “player” and a “coach”.
• Ability to formally present business strategies and action plans.
• Strong organizational skills and excellent communication skills.
• Collaborative, adaptable, and possesses a willingness to take on new projects.
• Experience with Google Workspace (G Suite), Netsuite, Looker, Toolio and Shopify is a plus.

COMPENSATION AND BENEFITS

The base salary range represents the low and high end of the anticipated salary range for this position based at our New York City headquarters. The actual base salary offered for this position will depend on numerous factors including individual performance, business objectives, and if the location for the job changes. Our base salary is just one component of Peloton’s competitive total rewards strategy that also includes annual equity awards and an Employee Stock Purchase Plan as well as other region-specific health and welfare benefits.

As an organization, one of our top priorities is to maintain the health and wellbeing for our employees and their family. To achieve this goal, we offer robust and comprehensive benefits including:

• Medical, dental and vision insurance
• Generous paid time off policy
• Short-term and long-term disability
• Access to mental health services
• 401k, tuition reimbursement and student loan paydown plans
• Employee Stock Purchase Plan
• Fertility and adoption support and up to 18 weeks of paid parental leave
• Child care and family care discounts
• Free access to Peloton Digital App and apparel and product discounts
• Commuter benefits and Citi Bike Discount
• Pet insurance and so much more!

ABOUT PELOTON:

Peloton (NASDAQ: PTON) provides Members with expert instruction, and world class content to create impactful and entertaining workout experiences for anyone, anywhere and at any stage in their fitness journey. At home, outdoors, traveling, or at the gym, Peloton brings together innovative hardware, distinctive software, and exclusive content. Founded in 2012 and headquartered in New York City, Peloton has millions of Members across the US, UK, Canada, Germany, Australia, and Austria. For more information, visit www.onepeloton.com.

Peloton is an equal opportunity employer and complies with all applicable federal, state, and local fair employment practices laws. Equal employment opportunity has been, and will continue to be, a fundamental principle at Peloton, where all team members, applicants, and other covered persons are considered on the basis of their personal capabilities and qualifications without discrimination because of race, color, religion, sex, age, national origin, disability, pregnancy, genetic information, military or veteran status, sexual orientation, gender identity or expression, marital and civil partnership/union status, alienage or citizenship status, creed, genetic predisposition or carrier status, unemployment status, familial status, domestic violence, sexual violence or stalking victim status, caregiver status, or any other protected characteristic as established by applicable law.