The Market Planner is responsible for maximizing sales, margin and inventory of a department or category through pre-season commercial planning and in-season optimization. The planner ensures the unique product needs of a region are met by gathering and assessing data of that market, making recommendations for creative solutions. The planner serves as the market subject matter expert and is responsible for in-season yield management from allocation through to promotions and markdowns.
Responsibilities:
- Manage the financial success of the division by meetings sales, gross margin, gross margin return on investment (GMROI) and inventory turn goals.
- Responsible for the assortment types (tiers) that are delivered within each store to maximize productivity and margin related to space planning and customer profile (modular assorting).
- Responsible for maximizing yield through allocation, replenishment, pre-season and in-season promotions and markdowns.
- Maintains the pricing architecture that is in line with the global strategy as well as the local market positioning.
- Partners with global planning team and global merchandising team on delivering comprehensive market hindsight to develop product and inventory strategies to service all global regions.
- Responsible for managing inventory budgets by quarter.
- Execute initial inventory releases; ensure consistent and profitable in-season replenishment.
- Within the purchase order process, inform team of divisional strategies for packing, pre-packs, size balancing and inventory balancing within multiple pools of inventory.
- Execute departmental distribution strategies to capture location-based opportunity.
- Sponsor analysis and cross-functional partnerships that will identify and quantify size selling, geographic and store-attribute opportunities; ensure follow through on execution of strategies.
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Planning Specific:
- Manage the financial success of a department or category by meeting sales, gross margin, gross margin return on investment (GMROI) and inventory turn goals through in season yield management.
- Lead the analysis of historical data and current trends to identify risks and opportunities for multiple departments.
- Recap and analyze actual sales results to plan.
- Manage monthly forecast to track inventory on plan.
111 WEST 33RD STREET
10120
Minimum Experience:
Minimum 3 to 4 years inventory management experience
Four year college degree or equivalent required