Business Analyst - Clearance Optimization

Mergandising Analysis

In-Season:

• Analyze performance of current assortment and recommend actions at the brand, product category and item level.
• Develop and implement sell thru monitoring processes that identify athlete choices that we should be re-ordering and recommends quantities informed by performance.
• Monitor and report on inventory turnover rates, identifying slow-moving inventory and working with the team to develop strategies for liquidation.
• Develop and maintain detailed reports that track inventory performance across all locations providing insights into product performance and inventory health.
• Share findings and recommendations with the merchant team to influence next steps.
• Produce business category hind sights that identify future opportunities, that informs business strategies and supports future seasons buying process.

Pre-Season:

• Support the seasonal financial plan process to ensure inventory receipts are being optimized in conjunction with the work of the planning team.
• Assist in assortment planning process by analyzing prior seasons buys and recommending opportunities to optimize receipt timing, assortment tiering, missed sales and customer choice counts.
• Conduct Category and Sku Rationalization analysis to inform buying decisions by category.
• Work closely with the merchandising team to leverage these findings in making purchasing decisions.
• Develop and maintain seasonal merchandise plans that reflect sales goals, trends, and market conditions, ensuring the right product mix and assortment to meet customer demand.

Data-Driven Decision Making

• Gather, analyze, and interpret data from various sources, including current and historical sales performance, inventory levels, supplier lead times, and customer trends.
• Create actionable reports, dashboards, and performance metrics to provide merchandising teams with insights into Going, Going, Gone! performance to support preseason planning and buying cycles.
• Support pricing, assortment planning, and markdown strategies with data and trend analysis to optimize profitability.

Reporting and Performance Tracking

• Develop and deliver regular reports on key performance indicators (KPIs) for category and chain performance.