Senior Merchandise Planner

Torrid; United States; On-site; USD 70,000 - 100,000; Full time

Job summary

Torrid seeks a Senior Merchandise Planner to strategize merchandise plans and optimize inventory for assigned product categories. The ideal candidate will have significant experience in merchandise planning, data analysis skills, and expertise in Excel. This role is crucial for maximizing sales and ensuring efficient inventory management.

Benefits

Competitive compensation

401k with company matching

Comprehensive wellness package

Generous employee discount

Child Care Discount

Employee Assistance Program

Volunteering hours paid

Pet insurance

Qualifications

• 5+ years of merchandise planning experience required.
• 2+ years of supervisory experience preferred.
• Advanced Excel skills needed, including v-lookups and pivot tables.

Responsibilities

• Develop and manage strategic merchandise plans for product categories.
• Conduct in-season reforecasting and analysis of performance metrics.
• Collaborate with merchants and present recommendations to senior leadership.

Skills

Merchandise Planning

Data Analysis

Excel Proficiency

Job description

Planning and AllocationRemote , United States

At Torrid we're committed to cultivating a welcoming, inclusive and diverse culture driven by a focus on open dialogue, empowerment, recruiting, training, development, and retention. We believe the inclusion of diverse backgrounds and perspectives is fundamental to our success

The Senior Merchandise Planner will develop strategic merchandise plans and targets for an assigned group of product categories to maximize sales, optimize inventory and increase margin through the analysis of historical sales trends, current in-season patterns and future forecasts.

What You'll Do:

• Manage the development of annual, seasonal, monthly, and weekly merchandise plans for assigned product categories. Pre-season top-down/bottom-up level plans for sales, inventory, markdowns/sell out plans, style counts, productivity and margin in partnership with the Planning Director, Planners, and Merchants.
• Lead and execute quarterly/seasonal Hindsight process inclusive of fiscal view and seasonal view as well as other product attributes.
• Manage and conduct in-season reforecast of category unit plans/dollar plans, focusing on future opportunities as well as minimizing sales/inventory risks. Partnering with Merchants to align on future direction.
• On weekly basis, initiates and oversees analysis of business trends, including but not limited to, category performance, channel selling, margin drivers, and seasonality.
• Partner with merchants to develop and propose business tactics in response to current business trends, advising them on open-to-buy, optimum unit purchasing, etc.
• Owns Markdown and Promotional strategy setting and execution to hit sales, margin, and inventory targets.
• Routinely presents recommendations and other analysis to senior leadership and executive management related to driving short and long-term business goals including hind-sights, color/pattern selling, etc.
• Collaborate with peers and share best-practice to ensure consistency in tools, reporting and communications.
• Actively participate in new hire training and assist in peer development.
• Oversee the career and skill development of a Merchandise Planning Planner in a way that drives job satisfaction and retention and builds bench strength.
• Foster a culture that is open, honest and centered around continuous improvement by providing and soliciting timely and actionable feedback in weekly one on ones

What You'll Need:

• 5+ years of merchandise planning experience
• 2+ years of experience in a lead or supervisory role is preferred
• Advanced proficiency in Microsoft Excel required, including v-lookups, pivot tables, and basic macros; Must be able to manipulate large quantities of data in Microsoft Excel to drive business decisions

What You'll Get:

• A culture where people are accepted and encouraged to be who they are.
• Competitive compensation, 401k with company matching contribution, plus potential to earn company performance-based bonuses.
• Comprehensive wellness package including, medical, dental, vision, and Flexible Spending Account
• Generous 50% employee discount and access to employee-only sales.
• Support the causes you’re passionate about. We pay you up to 32 hours annually for volunteering your time in the community.
• Child Care Discount at participating locations.
• Employee Assistance Program (EAP) - Aimed at helping employees address a variety of personal and family issues including legal financial consultations, mental health services and more.
• Discounts on cell phones, and computer purchases, entertainment tickets and more.
• Pet insurance for your fur babies.
• Work and learn alongside industry-leading executives while making huge strides in impacting the lives of women.
• You’ll be challenged and grow. Opportunity for upward mobility is available at all levels of the organization.

Our company participates in E-Verify . E-Verify is a program that electronically confirms a candidate’s eligibility to work in the United States after completing the Employment Eligibility Verification (Form I-9). The information provided on the Form I-9 is compared to the records contained in the Social Security Administration and Department of Homeland Security (DHS) databases. This helps employers verify the identity and employment eligibility of newly hired employees.

E-Verify Poster: https://e-verify.uscis.gov/web/media/resourcesContents/E-Verify_Participation_Poster_ES.pdf
Eligibility to Work Poster (English): https://www.e-verify.gov/sites/default/files/IER_RightToWorkPoster.pdf
Eligibility to Work Poster (Spanish): https://www.e-verify.gov/sites/default/files/everify/posters/IER_RighttoWorkPosterES.pdf
California Privacy Rights Act (CPRA): https://careers.jobvite.com/torrid/2023-CPRA-Applicant-Notice.pdf
EEO Poster: https://www.eeoc.gov/sites/default/files/migrated_files/employers/poster_screen_reader_optimized.pdf