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Skills
Analysis Skillsunmatched
Business Skillsunmatched
Computer Skillsunmatched
Data Managementunmatched
Demand Forecasting/Planningunmatched
Enterprise Applicationsunmatched
Event Managementunmatched
Financeunmatched
Financial Analysisunmatched
Financial Planningunmatched
Forecastingunmatched
Inventory Levelsunmatched
Inventory Managementunmatched
Inventory Planningunmatched
Inventory Turnsunmatched
Marketingunmatched
Marketing Strategyunmatched
Mathematicsunmatched
Performance Analysisunmatched
Pricingunmatched
Problem Solving Skillsunmatched
Process Improvementunmatched
Profit & Loss Managementunmatched
Promotional Programsunmatched
Promotional Strategyunmatched
Reliability Engineeringunmatched
Retailunmatched
Revenue Growthunmatched
Salesunmatched
Trade-Off Analysisunmatched
Trend Analysisunmatched
Description
Merchandise Planner, Beauty
The Merchandise Planner supports the domestic (stores and digital) Beauty business. This role will be focused on a specific category of business and is responsible for translating the merchant's vision into viable profitable results through developing andmaintaining sales, inventory and margin plans that tie to financial targets.
Your Role:
The Merchandise Planner supports the domestic (stores and digital) Beauty business. This role will be focused on a specific category of business and is responsible for translating the merchant's vision into viable profitable results through developing and maintaining sales, inventory and margin plans that tie to financial targets.
Your Impact:
Pre-Season
Develop assortment plans for sales, margin and inventory to the style/choice level by store groupings (i.e. cluster, format) in support of productivity and financial targets
Partner with merchants to create and maintain a seasonal theme-based assortment list and volume targets by store grouping
Identify and propose initial and promotional pricing structures to drive topline season goals
Participate in consensus planning with demand planner; collaborate to drive to "one number" sales plan with recommendations for events, based on class plan and forecast
In-Season
Analyze and reflect current trends in strategy performance based on actual sales performance; revise in-season plans for sales and profitability while maintaining appropriate inventory turns
Actively manage inventory levels, partnering with production and inventory deployment partners to pull up, push out, cancel, or shift orders between sales channels as necessary
Partner with merchant to develop and propose promotion and merchandise strategies in response to current business trends
Manage and execute promotional and liquidation strategies to meet seasonal inventory targets
Reporting/Analytics
Analyze performance for area of responsibility relative to performance of plan and trend for both period and season sales, margin and inventory
Prepare recommendations and alternatives for key financial meetings/decisions in order to maximize sales and margin and optimize inventory productivity
Perform trade-off analysis on impact of new items to the assortment identified at a sub-brand level and provide financial planning recommendations
Integration Points
Partner with central planning to inform, reconcile and revise financial targets based on the category and attribute plans
Partner with Merchant, Finance, Customer Marketing, Executive Committee to make informed decisions on promotional events and season planning
Partner with Merchants, Commercialization and Customer Marketing on exit strategies, new item launches and collections; provide recommendations in response to financial targets
Work with demand planning to improve reliability through demand plan accuracy
Integrate with Space Planning to represent the opportunities and constraints that the physical environment creates at store level, monitor results from tests, launches and edits
Minimum Salary: $99,800.00
Maximum Salary: $135,240.00
VS&Co provides a range of compensation for this role as shown. Your actual salary will be determined by a number of factors, including: your specific skills and experience, geographic region, or other relevant factors.
Your Experience:
Bachelor's degree
5-7 years of relevant work experience
Vertical Beauty retail experience and/or assortment/attribute planning experience a plus
Strong problem-solving and analytical skills; strong aptitude with numbers; retail math skills
Ability to advance to high levels of computer literacy; exposure to relevant planning, finance, analytical, data management systems – systems used: JDA Enterprise Software's Enterprise Planning suite
Strong excel skills; ability to read, adopt and build dynamic reporting
Able to synthesize large quantities of data to drive business decisions
Possesses strong business acumen and ability to make sound business decisions when information is limited
High energy, staying flexible and positive during fast paced/ ever changing environment
High degree of communication and partnership; ability to manage up and across
Optimization mindset – designs and develops models/plans to optimize decisions & processes