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Merchandise Planner
2 months ago
We are seeking a highly skilled Merchandise Planner to join our dynamic team at A.k.a. Brands. As a key member of our planning department, you will play a vital role in driving our financial success by developing and executing comprehensive merchandise plans that align with our company's objectives for sales, profitability, and inventory turnover.
Key Responsibilities- Lead and Manage OTB (Open-to-Buy) Process: Develop and maintain comprehensive OTB plans that are aligned with financial forecasts, ensuring a proactive outlook at least six months ahead.
- Budget Compliance Monitoring: Proactively monitor departmental adherence to approved OTB to prevent overspending.
- Executive Reporting: Provide bi-weekly executive summaries of OTB by region, offering insightful commentary on significant business trends and changes.
- Business Performance Analysis: Conduct in-depth monthly and quarterly business performance reviews to inform current strategies and decision-making.
- Markdown Process Management: Oversee the entire markdown process for both US and AU sites, coordinating with wholesale and drop ship partners to manage assortments and inventory ownership.
- Seasonal Financial and Assortment Analysis: Analyze seasonal financial performance and assortment effectiveness.
- Collaborate with Merchandising leadership: Develop inventory strategies for upcoming seasons.
- Supply Planning Integration: Collaborate with the Director of Planning & Replenishment to align retail and inventory targets with broader supply planning initiatives, ensuring these targets support strategic decision-making.
- In-Season Opportunity Recognition: Proactively identify and capitalize on in-season opportunities and process improvements to maximize profitability.
- Inventory Flow and Optimization: Review receipt flows and manage aged inventory to ensure optimal stock levels, maximizing sales potential while minimizing excess.
- Strategic Financial Planning: Understand and translate the brand's long-term strategy into actionable financial plans at the category and class level, supporting strategic goals.
- Product Performance Analysis: Analyze in-season performance to inform pre-season inventory investments, ensuring alignment with business goals.
- Pre-Season Framework Development: Develop and share pre-season category and sub-category frameworks to align financial and strategic objectives across the brand.
- Margin and Revenue Optimization: Identify and evaluate margin and revenue opportunities and risks, employing scenario planning to inform strategic decision-making.
- Inbound Planning: Provide weekly inbound receipt forecasts to warehouse partners to support their labor and capacity planning.
- Dailies Forecasting: Provide guidance on daily sales forecasts based on historical data and promotional planning activities.
- Strong Interpersonal and Negotiation Skills: Ability to thrive in ambiguous and fast-paced environments.
- Exceptional Attention to Detail and Quality Control: Data-driven decision-making mentality, sound business judgment, and the ability to back your recommendations up with meaningful analytical thinking.
- Ability to Organize, Prioritize, and Reorder Workload: Ability to work both independently and as part of a team.
- Strategic Thinker: Create and maintain a close working relationship with all internal teams.
- Technical Skills: Familiarity with EDI systems and proficiency in various Microsoft tools like Excel.
- Organized and Detail-Oriented: Practical problem-solving and decision-making skills, especially when an issue arises.
- Time Management and Sense of Urgency: Looking for ways to streamline and improve processes.
A.k.a. Brands is a dynamic and innovative company that values its employees and offers a comprehensive benefit package that enriches their experience. We are committed to a diverse and inclusive workplace and encourage applicants from all walks of life.
We are an Equal Opportunity Employer and welcome applications from qualified candidates. If you need assistance or accommodation during the hiring process due to a disability, please contact us.