Merchandise Planning Specialist | Inventory & Analytics

Arhaus; Boston Heights (OH); On-site; USD 65,000 - 90,000; Full time

Job summary

Arhaus seeks an Associate Merchandise Planner to create and maintain monthly and yearly financial plans for assigned categories. You'll partner with Merchandising, Sourcing, Stores/Ecom, and Distribution to implement strategies that meet approved plans.

Responsibilities include SKU level planning, Open to Buy forecasting, and inventory management across product lifecycles to optimize turns and margins. Strong Excel skills and retail math are essential.

Qualifications

• Bachelor’s Degree or equivalent business experience.
• Minimum 3 years of experience in Merchandise Planning, Allocation or Buying.
• High proficiency in Excel.
• Thorough understanding of retail math.
• Strong written and verbal communication skills.
• Self-motivated and able to work in a dynamic environment with efficiency, accuracy and sense of urgency.

Responsibilities

• Develop annual / seasonal / monthly category merchandise financial plans in accordance with company goals, historical performance and trend analysis.
• Create SKU level sales and inventory plans for seasonal Investment Reviews to ensure the correct inventory levels in place to support category plans.
• Continuously analyze and reforecast the Open to Buy and recommend / execute strategies to maximize opportunities and minimize risk.
• Monitor and manage inventory levels throughout product lifecycle to stay in line with the turn and inventory plan, partnering with Sourcing and Vendors to adjust on order where appropriate.
• Develop and execute price actions to drive sales and margin across new products, promotions and markdowns.
• Evaluate stock and sales by store or DC for replenishment product and make recommendations to balance inventory and drive SKU productivity.
• Conduct detailed SKU hindsight analysis and present findings and actions to maximize SKU productivity, margin and turn.
• Set and communicate KPI targets and updates (e.g. SKU Count & Productivity, Sales, Margin and Inventory targets) to Merchandising partners

Skills

Excel

Retail math

Analytical thinking

Communication skills

Self-motivated

Education

Bachelor’s Degree or equivalent business experience

Job description

Arhaus seeks an Associate Merchandise Planner to create and maintain monthly and yearly financial plans for assigned categories. You'll partner with Merchandising, Sourcing, Stores/Ecom, and Distribution to implement strategies that meet approved plans.

Responsibilities include SKU level planning, Open to Buy forecasting, and inventory management across product lifecycles to optimize turns and margins. Strong Excel skills and retail math are essential.