Merchandise Planner, Beauty

Description

Your Role: The Merchandise Planner supports the domestic (stores and digital) Beauty business. This role will be focused on a specific category of business and is responsible for translating the merchant’s vision into viable profitable results through developing and maintaining sales, inventory and margin plans that tie to financial targets.

Your Impact

• Pre-Season: Develop assortment plans for sales, margin and inventory to the style/choice level by store groupings (i.e. cluster, format) in support of productivity and financial targets
• Partner with merchants to create and maintain a seasonal theme-based assortment list and volume targets by store grouping
• Identify and propose initial and promotional pricing structures to drive topline season goals
• Participate in consensus planning with demand planner; collaborate to drive to "one number" sales plan with recommendations for events, based on class plan and forecast

In-Season

• Analyze and reflect current trends in strategy performance based on actual sales performance; revise in-season plans for sales and profitability while maintaining appropriate inventory turns
• Actively manage inventory levels, partnering with production and inventory deployment partners to pull up, push out, cancel, or shift orders between sales channels as necessary
• Partner with merchant to develop and propose promotion and merchandise strategies in response to current business trends
• Manage and execute promotional and liquidation strategies to meet seasonal inventory targets

Reporting/Analytics

• Analyze performance for area of responsibility relative to performance of plan and trend for both period and season sales, margin and inventory
• Prepare recommendations and alternatives for key financial meetings/decisions in order to maximize sales and margin and optimize inventory productivity

Integration Points

• Partner with central planning to inform, reconcile and revise financial targets based on the category and attribute plans
• Partner with Merchant, Finance, Customer Marketing, Executive Committee to make informed decisions on promotional events and season planning
• Partner with Merchants, Commercialization and Customer Marketing on exit strategies, new item launches and collections; provide recommendations in response to financial targets
• Partner with Demand Planning to improve reliability through demand plan accuracy
• Integrate with Space Planning to represent the opportunities and constraints that the physical environment creates at store level, monitor results from tests, launches and edits

Minimum Salary

Minimum Salary: $99,800.00
Maximum Salary: $135,240.00
VS&Co provides a range of compensation for this role as shown. Your actual salary will be determined by a number of factors, including: your specific skills and experience, geographic region, or other relevant factors.