Merchandise Planner
Skechers · Manhattan Beach, CA · 1 wk ago
On-siteMarketing$90k–$110k/yrFull-time
About the role
The Merchandise Planner is responsible for successful development and execution of top-down and bottom-up merchandise plans that support company objectives and goals. This includes pre-season planning and in-season Open-to-Buy management. They will monitor receipt flow and sales performance to provide analysis and action plans to optimize sales and inventory.
What You'll Do
- Create and manage OTB’s at the brand level and ensure that the merchandise targets will be met on a monthly, quarterly, and annual basis.
- Communicate with the merchandising team the OTB plan and assess any inventory risks.
- Ensure the receipt plans are filled according to the write schedule.
- Participate in weekly/monthly in-season forecast and OTB meetings.
- Reforecast sales monthly and communicate results and critical issues to the manager.
- Develop an action plan to increase or decrease inventory as needed to reconcile the OTB.
- Provide seasonal plans by gender/brand/sub-class pre-season. Included are category, style, color, type and material. Ensure the purchases meet the plan.
- Drive sales by analyzing trends, forecasting sales and reviewing inventory position; identify risks and opportunities in sales and inventory; provide action plans on a weekly basis.
- Partner with merchandisers to actively manage the lifecycle and flow of inventory. Develop exit strategies and transition strategies for major product platforms; provide guidance on cancelations, markdown needs, and in-store inventory plans.
- Lead monthly OTB meetings with cross functional partners.
What You'll Bring
- Strong aptitude for numbers and clear understanding of retail math.
- Proficiency in using financial metrics and reports to measure the performance of the business.
- Experience in SKU level and category level planning, financial planning process and report/modeling building.
- Strong analytical skills with the ability to compile and analyze large sets of data.
- Strong organizational skills – ability to manage multiple projects, prioritize, and meet deadlines.
- Ability to communicate persuasively, influentially, and responsibly across a cross-functional team.
- Passionate about customer service.
- Driven to excel and succeed, taking full ownership of his or her success.
- Ability to travel 0-10% of time.
Requirements
- Minimum of 2 years of merchandise planning, inventory management, buying or finance in a retail environment- preferably Footwear.
- Bachelor’s Degree preferred or equivalent experience.
- Proficient in Excel (includes v-look ups and pivot tables).
Pay
The pay range for this role is $90,000-$110,000/yr USD.