Merchandise Planner
$100kSweet Apparel Inc
Sweet Apparel Inc. is a leader in Junior's, Women's, Men's, and Kids fast fashion apparel. Sweet Apparel designs, manufactures, and imports apparel under its own labels as well as multiple Private labels. Our clothing can be found at major retailers including TJ Maxx, Marshalls, Ross, Macy's, and more.
We are growing and looking for a full-time Merchandise Planner !
Please note: this is an on-site position in Midtown Manhattan where we work in office 5 days/week!
Key Responsibilities
- Create and maintain Open-to-Buy (OTB) for each brand including reforecasting monthly
- Create seasonal buy plans to guide the merchant team on where to invest OTB in
- Generate and distribute weekly reports on sales performance and inventory status to stakeholders including qualitative feedback and suggested actions
- Conduct in-depth end-of-season reviews, analyzing sell-through rates to pinpoint opportunities and risks for future seasons
- Manage and grow an Assistant Planner/Allocator
- Build financial sales, gross margin and inventory plans at a weekly level at the item level
- Create pricing strategy by item that maximizes sales and gross profit
- Reforecast business in-season based on current performance, present revised projections and recommendations to cross functional partners and senior leadership
- Create allocation strategies, incorporating the merchandise plan and flow strategy to meet store inventory needs
- Create and plan product assortments (item, color, size) for each product category
- Manage replenishment plans to ensure that sales are optimized and stores are without missing skus
- Place orders for both seasonal and replenishment product buys
- Collaborate with cross functional departments to ensure success of product strategies
Qualifications
- Bachelor’s Degree
- 5+ years of experience in merchandise planning, retail planning, or inventory management
- Strong analytical mindset with advanced Excel skills (pivot tables, lookups, data modeling)
- Ability to translate data into clear business insights and actions
- Experience with planning or inventory systems (preferred)
- Strong partnership skills
- Excellent communication and presentation skills
- Highly organized with the ability to manage multiple priorities in a fast-paced environment
- Solid understanding of retail metrics including sales, margin, and inventory turnover
What We Offer
- Medical insurance
- 401k
- Paid Vacation, Sick days, and Paid Holidays
- Summer Fridays
- Flexible schedule
- Growth opportunities
Target compensation for this role starts at $100k/yr dependent on experience
$75k - $85k
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