Merchandise Planning Associate - Kids

About the role

Macy’s is more than just a store. We’re a story. One that’s captured the hearts and minds of America for more than 160 years. A story about innovations and traditions…about inspiring stores and irresistible products…about the excitement of the Macy’s 4th of July Fireworks, and the wonder of the Thanksgiving Day Parade. We’ve been part of memorable moments and milestones for countless customers and colleagues. Those stories are part of what makes this such a special place to work.

Responsibilities

• Translate top-down GFOB & Division financial targets to the department level
• Collaborate with Buyers to develop a monthly department-level bottom-up build, emphasizing sales, margin, and turn in line with the category strategy
• Develop in-season Rolling Operating Forecast for sales, margin, and inventory
• Gather input from Buyers and Inventory Managers to maintain a weekly inventory forecast, including updates on vendor-specific shipping
• Support the assignment of stores to division/department volume clusters
• Manage department-level Open-to-Buy (OTB) in collaboration with Buyers
• Review business performance by channel, focusing on highlights and opportunities
• Evaluate current inventory levels and evaluate Rolling Operating Forecast (ROF) based on beginning of month (BOM), receipts, and end of month (EOM) plans
• Evaluate opportunities and risks related to adjusting core parameters, allocations, markdowns, and promotions to achieve sales, margin, and inventory objectives
• Develop action plans with buyers to meet financial targets
• Establish and maintain store clusters at the department level and above to align with financial plans
• Foster an environment of acceptance and respect that strengthens relationships, and ensures authentic connections with colleagues, customers, and communities

Requirements

• 4+ years in Financial or Merchandise Planning
• Able to work a flexible schedule based on department and company needs
• Perform essential job functions such as communication, collaboration, and use of office and computer systems

Skills

• Financial Acumen: Proficiency in setting financial targets for sales, margin, and receipts, along with the ability to translate top-down financial targets to the department level
• Forecasting Analysis: Capability to develop in-season Rolling Operating Forecasts for sales, margin, and inventory, as well as conducting forecasting analysis to support decision-making
• Inventory Optimization: Skill in collaborating with Inventory Managers to review product flow, assess current inventory levels, and optimize inventory management strategies
• Risk and Opportunity Assessment: Ability to identify and quantify risks and opportunities within the business, evaluating adjustments to core parameters, allocations, markdowns, and promotions to achieve financial objectives
• Communication Skills: Practice of open and continuous communication, with the ability to effectively present information in a clear and concise manner, keeping stakeholders informed
• Leadership and Interpersonal Skills: Excellent leadership, facilitation, and interpersonal skills, enabling effective collaboration with Buyers, Inventory Managers, and other stakeholders across functional lines and organizational levels
• Creative and Strategic Thinking: Capability to think creatively, strategically, and technically, contributing to the development of innovative solutions and strategies aligned with business goals

Benefits

• Comprehensive health and wellness coverage
• 401(k) match
• Paid time off
• Eight paid holidays
• Continuous learning and leadership development
• Volunteer opportunities