Merchandise Planner

Planner Job at BJ's Wholesale Club

The Planner is responsible for developing monthly financial plans and forecasts that align to the department strategy. Working cross functionally with the merchant in the forecasting process, you will be responsible for maximizing both sales and profit, while effectively turning inventory within the open to buy. At BJ's you will be responsible for using analytics to drive most profitable product life cycle, including end of life management. Planners are responsible for overseeing and providing direction to allocation partners ensuring that the right products are available in the right retail channel at the right time, meeting our members expectations while achieving sales and profitability for assigned department.

Job Responsibilities:

• Responsible for financials and department forecasting, strong knowledge of business metrics (sales, margin, inventory KPI's.
• Responsible for supporting the creation of an optimal assortment and strategic flow plans. Builds effective sales and inventory plans to drive profitability. Influences inventory productivity to include end of life activity.
• Identifies and recognizes business opportunities 1 to 6 months out by analyzing the trends within the business. Strong knowledge of market trends and ability to apply to categories planned
• Partner with Buyer(s) to develop a monthly Department-level bottom-up forecast with a focus on sales, margin, and inventory targets consistent with the category strategy
• Ability to evaluate and communicate opportunities and risks including reacting to sales trends and inventory flow as well as suggesting markdowns and promotions in order to achieve sales margin, and inventory objectives
• Builds and executes new business opportunities by measuring results and providing recommendations
• Accountable for ensuring department inventory plans and flow are successfully executed for new club openings
• Manage Demand forecasts within JDA Demand or BY LDE to ensure order optimization
• Responsible for managing article level ladder plans and building up to financial plans

Job Qualifications:

• Preferred 2-5 years' experience
• Understands financial metrics inclusive of sales, margin, inventory turn, weeks of supply
• Strong problem solving, retail math, and analytical skills
• Organizes thoughts and communicates credibly and concisely
• Presents to and influences team members and business partners, by utilizing relevant data and fact-based information to articulate results. Able to provide recommendations in a clear concise manner
• Ability to work independently with minimal supervision as well as cross functionally
• Critical thinker, that can interact professionally with both internal and external stakeholders
• Desire to Coach, Mentor, and Onboard
• Advanced Excel Skills, Planning software experience

In accordance with the Pay Transparency requirements, the following represents a good faith estimate of the compensation range for this position. At BJ's Wholesale Club, we carefully consider a wide range of non-discriminatory factors when determining salary. Actual salaries will vary depending on factors including but not limited to location, education, experience, and qualifications. The pay range for this position is $75,000 - $85,000.

This is a hybrid role. Tuesday through Thursday are in-office days at BJ's Club Support Center in Marlborough, MA and Monday and Friday are remote days.

We recognize the growing role of AI tools, including ChatGPT, and value familiarity with them. That said, we want to hear from your authentic self. Your application should reflect your own skills, experiences, and insights rather than AI-generated responses.