Description
At Torrid we're committed to cultivating a welcoming, inclusive and diverse culture driven by a focus on open dialogue, empowerment, recruiting, training, development, and retention. We believe the inclusion of diverse backgrounds and perspectives is fundamental to our success
The Senior Merchandise Planner will develop strategic merchandise plans and targets for an assigned group of product categories to maximize sales, optimize inventory and increase margin through the analysis of historical sales trends, current in-season patterns and future forecasts.
What You'll Do:
- Manage the development of annual, seasonal, monthly, and weekly merchandise plans for assigned product categories. Pre-season top-down/bottom-up level plans for sales, inventory, markdowns/sell out plans, style counts, productivity and margin in partnership with the Planning Director, Planners, and Merchants.
- Lead and execute quarterly/seasonal Hindsight process inclusive of fiscal view and seasonal view as well as other product attributes.
- Manage and conduct in-season reforecast of category unit plans/dollar plans, focusing on future opportunities as well as minimizing sales/inventory risks. Partnering with Merchants to align on future direction.
- On weekly basis, initiates and oversees analysis of business trends, including but not limited to, category performance, channel selling, margin drivers, and seasonality.
- Partner with merchants to develop and propose business tactics in response to current business trends, advising them on open-to-buy, optimum unit purchasing, etc.
- Owns Markdown and Promotional strategy setting and execution to hit sales, margin, and inventory targets.
- Routinely presents recommendations and other analysis to senior leadership and executive management related to driving short and long-term business goals including hind-sights, color/pattern selling, etc.
- Collaborate with peers and share best-practice to ensure consistency in tools, reporting and communications.
- Actively participate in new hire training and assist in peer development.
- Oversee the career and skill development of a Merchandise Planning Planner in a way that drives job satisfaction and retention and builds bench strength.
- Foster a culture that is open, honest and centered around continuous improvement by providing and soliciting timely and actionable feedback in weekly one on ones
What You'll Need:
- 5+ years of merchandise planning experience.
- Bachelor's Degree or equivalent work experience.
- 2+ years of experience in a lead or supervisory role is preferred
- Advanced proficiency in Microsoft Excel required, including v-lookups, pivot tables, and basic macros; Must be able to manipulate large quantities of data in Microsoft Excel to drive business decisions
- Proven examples of "thinking outside the box" to improve processes.
- Strong analytical and quantitative skills; proficient with MS Excel and merchandise planning systems.
- Strong communication skills including storytelling about the data, the ability to work in a team environment, give honest, direct feedback and is a solid verbal and written communicator.
- Meets deadlines, prioritizes appropriately, copes well with change, and maintains composure under pressure.
- Is accountable for results, approaches obstacles proactively and looks for ways to resolve problems and issues. Always developing a recommendation for solution/approach.
What You'll Get:
- A culture where people are accepted and encouraged to be who they are.
- Competitive compensation, 401k with company matching contribution, plus potential to earn company performance-based bonuses.
- Comprehensive wellness package including, medical, dental, vision, and Flexible Spending Account
- Generous 50% employee discount and access to employee-only sales.
- Support the causes you're passionate about. We pay you up to 32 hours annually for volunteering your time in the community.
- Child Care Discount at participating locations.
- Tuition reimbursement program
- Employee Assistance Program (EAP) - Aimed at helping employees address a variety of personal and family issues including legal financial consultations, mental health services and more.
- Discounts on cell phones, and computer purchases, entertainment tickets and more.
- Pet insurance for your fur babies.
- Work and learn alongside industry-leading executives while making huge strides in impacting the lives of women.
- You'll be challenged and grow. Opportunity for upward mobility is available at all levels of the organization.
Salary: $101,429 - $123,865 per year
We are a proud Equal Opportunity Employer and will not discriminate based on race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, protected veteran status or any other protected status. If you are unable or limited in your ability to use or access www.torridcareers.com you can request reasonable accommodations by sending an email to [email protected]. Only messages left for this purpose will be returned. Our company participates in E-Verify. If the links below do not work, please copy and paste the following URLs in a new browser window:
E-Verify Poster: https://e-verify.uscis.gov/web/media/resourcesContents/E-Verify_Participation_Poster_ES.pdf
Eligibility to Work Poster (English): https://www.e-verify.gov/sites/default/files/IER_RightToWorkPoster.pdf
Eligibility to Work Poster (Spanish): https://www.e-verify.gov/sites/default/files/everify/posters/IER_RighttoWorkPosterES.pdf
California Privacy Rights Act (CPRA): https://careers.jobvite.com/torrid/2023-CPRA-Applicant-Notice.pdf
EEO Poster: https://www.eeoc.gov/sites/default/files/migrated_files/employers/poster_screen_reader_optimized.pdf