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Merchandise Planning Mgr

J o b D e s c r i p t i o n

Job Profile Title:	Merchandise Planning Mgr
Job Code:	19414
Profile Title:	19414 Merchandise Planning Mgr
Grade / Band:	IC3
FLSA Status:	Exempt
The Senior Merchandise Planning Manager is responsible for managing the Merchandise Planning process for both pre-season budgets and in-season forecasting for retail metrics including sales, inventory levels, margins, receipts and markdowns.

Principal Duties & Responsibilities
Assists Executive Director with managing inventory plans from investments through allocation and execution, including ongoing reviews and updates
Assists the Planning Managers in using top-down plans to develop pre-season plans by store/classification and store/vendor
Reconcile bottom- up plans to the top-down plans as set by Executive Director of Planning and review and revise variances
Reviews plans with Retail Store Operators and Retail Merchandising and assist with re-forecasting as needed
Responsible for Open to Buy (OTB) process to ensure product flow will meet sales and margin objectives
Manages all aspects of store and vendor replenishment, including vendor replenishment set up and schedules
Reviews assortment plans/fixture plans by store to ensure open to buy (OTB) reconciliation and accurate allocation of product
Oversee the markdown process to maximize gross margins and mitigate risk
Executes the pricing and promotion strategies to drive incremental gross margin dollars
Works with Planning Managers, Planners, and Buying teams to ensure timely seasonal transitions of merchandise
Works with Distribution Center to convert monthly dollar budget into unit flow
Partners with Retail Finance to prepare and execute monthly, quarterly, and seasonal business reviews
Reviews P&L and analyze financial reports to determine actionable improvements as it relates to inventory and gross margins

Required for All Jobs
Performs other job-related duties as requested
Proof of eligibility to work in the United States

Work Experience
Experience	Experience Details	Required/ Preferred
3+ Years of Prior Relevant Experience		Required

Additional Requirements
Details	Required/ Preferred
Experience with MS Word and Outlook (Intermediate level)	Required
Advanced knowledge Internet, PowerPoint and databases	Required
Working knowledge of Retail systems	Preferred
Retail Store Operations, Buying, Planning and job specific experience	Preferred
Working knowledge of AI tools and automation	Preferred

Knowledge, Skills and Abilities
KSAs
Expert knowledge of Excel
Working knowledge of Power BI Reporting
Experience with data-mining and query tools
Analytical, detail-oriented and well-organized
Ability to create effective forecasting and analytical models
Ability to develop, coach, manage a highly effective team
Solution oriented- able to find logical solutions to complex challenges
Highly collaborative
Able to read and understand financial and business reporting, (10K, P&L, etc.)
Excellent communication skills
Ability to speak, read and write English
Professional appearance and demeanor

Physical Requirements
A thorough completion of this section is needed for compliance with legal standards such as the Americans with Disabilities Act. The physical requirements described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.
Physical Requirement	N/A	Rarely	Occasionally	Frequently	Constantly	Weight/ w.p.m.
Balancing			X
Bending			X
Carrying 10 pounds			X
Clear speech - simple				X
Clear speech - complex				X
Climbing	X
Distant vision				X
Driving	X
Flexibility - upper body			X
Flexibility - lower body			X
Hearing/Listening				X
Kneeling			X
Lifting 10 pounds			X
Near vision				X
Normal vision				X
Pushing/Pulling			X
Reaching			X
Sitting				X
Standing			X
Typing				X
Walking				X

Work Environment
While performing the duties of this job, the associate is required to work within the selected work environments.
Work Environment	N/A	Rarely	Occasionally	Frequently	Constantly
Communication - verbal				X
Communication - written				X
Confined area				X
Contacts - works alone				X
Contacts - works around others				X
Contacts - works with others				X
Exposure to dust / dirt			X
Exposure to fumes / odors			X
Extreme cold		X
Extreme heat		X
Fast pace				X
Hazardous conditions - chemicals	X
Hazardous conditions - high structures	X
Hazardous conditions - high voltage	X
Indoors				X
Noise levels - low to moderate				X
Noise levels - high			X
Office conditions				X
Outdoors			X
Restricted area		X
Shifts	X
Smoke			X
Travel		X
Wet/Humid		X

Mental Requirements
While performing the duties of this job, the associate is required to work within the selected mental requirements.
Mental Requirement	N/A	Rarely	Occasionally	Frequently	Constantly
Analytical				X
Clerical				X
Comprehension				X
Crisis incidents		X
Customer service				X
Decision making				X
High pressure				X
Judgment				X
Long hours			X
Math skills - advance			X
Math skills - basic				X
Organization				X
Reading - simple				X
Reading - complex				X
Repetition				X
Tight deadlines				X
Writing - simple				X
Writing - complex				X