Merchandise Planning Manager
Carter's Inc.
Missassauga, ON
3d ago

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  • Job Tracking ID : 85448-304959 Job Location : Missassauga, ON Job Level : Mid Career (2+ years) Level of Education : BA / BS
  • Job Type : Full-Time / Regular Date Updated : 06 / 12 / 2020 Years of Experience : 5 - 7 Years Starting Date : ASAP
  • Job Description

    The incumbent in this position partners with the Buying team to achieve the overall financial and strategic objectives of the organization.

    The Merchandise Planning Manager manages the financial performance of the merchandise and optimizes assortment placement and quantification.

    45% : Merchandise Financial Planning :

  • Develop and execute merchandise financial plans by product classification aligned to financial targets to establish annual budgets and open-to-buy
  • In partnership with the buyer, align assortment strategies (pricing, buy quantities, store assortments) to achieve the financial plans
  • In partnership with the buyer, establish inventory flow plans to determine initial launch quantities and replenishment flow to achieve ideal inventory targets in stores
  • Validate promotional marketing plan aligns to monthly financial plan
  • 40% : In-Season Management :

  • Execute monthly / as needed re-forecast of comprehensive financial plans; re-forecast sales, margin, and inventory based on trend to identify risks / opportunities compared to plan
  • Develop and execute markdown strategies to achieve unit sales plan while maximizing margin
  • Partner with buyers to provide strong in-season forecasts and develop corrective in-season actions where required
  • Conduct post-season analysis and draft monthly post mortems and strategies for next season with the buyers
  • Support the Replenishment team as needed to manage inventory flow to stores
  • 15% : Reporting and Analysis

  • Determine store clustering and localization assignments as needed
  • Provide adhoc business reports and analysis as needed
  • Utilize company-approved tools and processes to support planning and measurement of the business
  • Experience and Skills

  • Strong analytical skills
  • Strong communication skills with the ability to influence others
  • Highly adept in various systems including intermediate to advanced excel skills
  • Highly motivated and self-reliant
  • Experience within planning and / or replenishment in a retail organization
  • Bachelor’s Degree or equivalent work experience
  • 4+ years experience in planning principles, financial budgeting, retail fundamentals, ad hoc reporting and analysis
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