• Merchandise Planner

    Location US-FL-Jacksonville
    Posted Date 1 week ago(7/13/2018 3:28 PM)
    Job ID
    2018-22321
    # Positions
    1
  • Overview

    The Stein Mart story began more than 100 years ago in the Mississippi Delta with one family owned establishment. Today, Stein Mart has grown into a nationwide retailer with over 280 stores. Stein Mart’s success is attributed to our unique niche in the market offering current fashion trends at competitive prices paired with customer service and a personal shopping experience. Join the Stein Mart story today!

     

     

    Planners are responsible for the overall financial direction of a category or department(s) with the goal of meeting/ exceeding sales, margin and inventory productivity targets.  Planners are primarily responsible for developing seasonal merchandise financial plans, identifying and planning replenishment items, developing and managing to allocation strategy, and supporting the Buyer with a department(s) open to buy.  Planners also work with Buyers in assortment and buy planning by facilitating layering of assortments and validating the integrity of initial allocation volumes.  In-season, Planners provide in-depth analysis of product performance and make recommendations to maximize business opportunities.

    Responsibilities

    • Develop merchandise financial plans, vendor or class as appropriate
    • Provide analytical inputs in order to collaborate with the Buyer in merchandise strategy planning, assortment planning and buy planning processes
    • Develop replenishment budget and provide analytics required for planning and managing replenishment items
    • Analyze and revise sales, margin, turn and open-to-buy/ forecast performance against pre-season strategies and goals
    • Partner with the Buyer to provide forecasts in the open-to buy process in order to manage business in season and maximize opportunities
    • Reforecast replenishment budget to inform Open-to-Buy
    • Reconcile merchandise plans against top-side goals and assortment plans
    • Oversee the development of allocations by store and replenishment analysis/forecasting
    • Oversee style/SKU count analysis
    • Develop and maintain vendor matrix
    • Allocate purchase orders when necessary and analyze store inventory levels to optimize sales and profitability
    • Provide overall point of view on store inventory and performance and take action where needed to support sales
    • Build a high quality planning team by developing partnerships, leading, coaching and providing constructive feedback
    • Communicate with vendors as needed

     

    Behavioral & Traits:

    • Possesses strong retail math and analysis skills. Ability to analyze large amounts of data
    • Demonstrates strong analytical and problem solving skills
    • Is highly organized and able to multitask
    • Builds and maintains productive relationships with peers and members of the merchant team to achieve strategic goals
    • Demonstrates leadership and decision-making skills
    • Takes calculated risks to achieve results with partnership
    • Demonstrates strong listening, written and oral communication skills
    • Analyzes business to the lowest level to identify opportunities in sales, inventory, and margin by store, department, and class
    • Reacts to business trends in a timely and efficient manner
    • Adapts to shifting circumstances in a business environment

    Management Practices & Business Applications:

    • Maintains professionalism in work relationships and habits
    • Provides direction, counseling and coaching to staff
    • Develops creative solutions to business issues
    • Works effectively with staff and management to achieve sound financial and merchandising solutions based on analysis, input and experience

    Communicates effectively with stores and vendors

    Qualifications

    • Bachelors degree strongly preferred
    • 4-7 years of retail experience; 2-3 in merchandise or financial planning
    • Proficient in business-related computer software (Microsoft Windows, Word, Excel, etc.)
    • Experience with Oracle Merchandise Planning and E3 replenishment preferred

     

     

    Physical

    • Available and able to travel
    • Able to see and distinguish colors
    • Able to lift up to 25 pounds

     

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