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