Merchandise planner is in charge of developing effective merchandise strategies for their company. You are responsible for creating sound financial plans that reduce company spending, and increase overall profit. Review forecasts, use past performance to make projections, make recommendations for promotional markdowns, and manage inventory to maximize profitability. Additionally, merchandise planners research market trends to increase create more attractive offerings.
You will act as a liaison between the corporate planning office and the buying office within their company. You will also project gross margin, inventory goals, and sales trends, as well as analyze sales, inventory flow, and merchandise strategies. Using this data, you will prepare monthly estimates and present it to the manager.
You will also plan and forecast for future merchandise buys based on historical buys, reoccurring buys and current inventory levels. Responsible for reviewing stock to sales ratios, responding to changing sales trends, and ensuring plan sales, plan markups, and plan markdowns are achieved by departments. Plans and coordinates merchandise flow-through. Inputs and maintains data in various merchandising systems.
MUST have EXCELLENT MS EXCEL SKILLS!
We are a successful recruiting firm hired by our client to identify top talent.
Role: Merchandise Planner
Location: Los Angeles,
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