Merchandise Planner

4 days ago


Lahore, Punjab, Pakistan The Children's Place Full time 600,000 - 800,000 per year

Position Summary:

The
Merchandise Planner
will be responsible for the complete financial management of assigned area of responsibility, including the creation of financial and merchandise plans, actualization of results, and a keen ability to identify, communicate, and implement strategic business opportunities at the division, category, and season code levels. The Planner will forecast sales, markdowns, and inventory levels on a regular basis and identify risks to the business and develop action plans in cooperation with their merchandising partner to mitigate risks profitably.

Key Accountabilities:

  • Create monthly financial plans at division and category level for fiscal time periods
  • Reforecast sales, gross margin, and inventory for fiscal time periods
  • Recap end of season performance at division, category, season, and style levels for merchandise buy period
  • Conduct basic stock replenishment (order quantity by style, color, and size)
  • Key item planning for all basic styles (sales, margin, inventory)
  • Conduct daily, monthly, quarterly, and seasonal sales reporting
  • Manage inventory flow on fashion receipts
  • Develop size curve and pre-pack definitions
  • Partner with merchant to support the buy process

Education and Experience:

  • Bachelor's degree
  • 3+ years of experience in related role; wholesale planning preferred

Skills and Behaviors:

  • Proven track record of financially astute business management
  • Expertise in retail math with strong analytical skills/ learning agility
  • Strong problem solving and decision making skills
  • Ability to identify and clearly communicate business opportunities and risks/ analytical and data reasoning
  • Good organization and workload prioritization skills/ detail-orientation and accuracy
  • Proficient in planning systems and Microsoft Office
  • Strong team player/relationship-building
  • Proven process of improvement and problem solving