Merchandise Planner
About the role
The Merchandise Planner – Women’s plays a crucial part in the growth of Fabletics, focusing on OTB planning and analysis, inventory management, and performance reporting for the ecommerce channel. This role requires a strong background in planning and inventory management, with a focus on financial metrics and strategic planning.
Responsibilities
- Develop and maintain annual, seasonal, and monthly merchandise plans for multiple product categories
- Manage the financial success of the business by meeting sales goals and maintaining healthy inventory levels
- Recap and analyze actual sales results vs plan and forecast in-season sales and inventory on a weekly, monthly, and quarterly basis
- Quantify in-season risks and opportunities and make recommendations to merchant team and management to drive results
- Communicate monthly Open-to-Buy forecasts & supporting action plans to management and cross functional teams
- Develop effective promotional strategies to optimize inventory productivity and maintain healthy turns
- Create category level quarterly hindsight reports to drive strategic assortment decisions for future investments
- Provide insights and recommendations to key stakeholders for future season planning
- Prepare innovative ad-hoc financial analysis for management as needed
Requirements
- Bachelor’s degree, preferably in business or finance
- Minimum of 4 years of planning and inventory management experience
- Solid understanding of financial measurements including: sales, gross margin, inventory turn, ST%, weeks of supply and how to impact them
- Expertise in retail math and OTB planning
- Advanced proficiency in Microsoft Excel
- Excellent analytical skills
- Flexible and adaptive to changing priorities; ability to organize and prioritize workload to meet deadlines
- Able to build and maintain productive relationships with peers and cross-functional teams
- Able to work independently on simultaneous projects in a fast-paced environment
- Able to work under pressure in an environment of constant change and shifting priorities
- Excellent presentation skills
- Excellent time-management and organizational skills
Qualifications
- Foundational AI literacy, including experience using generative AI tools
- Proactive mindset to experiment with new technologies to drive productivity and innovation
Skills
- Strong analytical and problem-solving skills
- Effective communication and collaboration abilities
- Experience with retail planning tools and systems
Benefits
Fabletics offers a comprehensive benefits package including a hybrid work schedule, discretionary paid time off, summer Fridays, healthcare plans, employee discounts, 401(k) program, annual bonus, and equity program. The company also provides a supportive and inclusive workplace culture.
Pay
The annual base salary range for this position is from $80,136-$103,800, with the offered base salary dependent on various factors.
Schedule
This role is based in the El Segundo Headquarters and offers a flexible work schedule.