Merchandise Planning Manager

October's Very Own - Etobicoke, ON (30+ days ago)

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Key Roles and Responsibilities:

Financial Planning

  • Manage the development of annual, seasonal, monthly and weekly merchandise plans
  • Develop and communicate comprehensive department financial and product strategies
  • Reconcile top-down and bottoms-up class plans to department plans and forecasts
  • Develop pre-season plans and recommend purchase/investment quantities and develop accurate receipt flow forecasts
  • Develop multiple class level pricing recommendations and strategies in alignment with department’s financial plans
  • Analyze historic performance and planned strategies to identify areas of opportunity or risk
  • Develop, maintain and update tools, reports, etc to support the needs of the business
  • Provide periodic reporting on business performance

Product Planning

  • Partner with Merchants to size and forecast product / brand sales and profit components
  • Establish and maintain accurate demand forecasts and execute managing / anticipating product changes, promotions, etc.
  • Manage inventory plans from investment through allocation execution, including ongoing evaluation and updates
  • Actively participate in assortment development and review, providing data and analysis to support decision-making
  • Collaborate on best strategies to address product liabilities and develop action plans to liquidate in a timely and profitable manner
  • Develop, maintain and update tools, reports, etc to support the needs of the business
  • Take the lead in creating profitable ways to manage obsolete and slow-moving inventory to help offset losses
  • Evaluate, analyze and report on business metrics

Business Process Management

  • Maintain business processes and serve as subject matter expert for process improvements
  • Balance workload through multiple process steps (including buy planning, pre-release forecasting and weekly re-forecasting)

Plan Management - Allocation

  • Partner with Allocations Manager to implement consistent and profitable in-season replenishment strategies and practices
  • Lead teams in assessing and executing exceptions for in-season replenishment
  • Develop department wide risk mitigation plans and execute when appropriate
  • Partner with Allocations team to ensure right stock, right place, right quantities, right stores, right time
  • Develop, maintain and update tools, reports, etc to support the needs of the business

Skills Required:

  • Analytic Skills: Ability to think objectively and interpret meaningful themes from quantitative and qualitative data
  • Financial and Business Acumen: Ability to evaluate financial and business indicators and translate data into actionable information to drive results; proficiency in retail math
  • Problem Solving & Decision Quality: Able to use rigorous logic and methods to solve problems with effective solutions
  • Relationship Management: Able to build constructive and effective relationships with a broad and diverse group of business partners
  • Presentation Skills: Effective in a variety of presentation settings including one-on-one, small and large groups, and with peers and bosses
  • Influencing and Negotiation: Can present ideas and directions that lead others to action
  • Planning and Priority Setting: Demonstrate an ability to set objectives and goals and organize work appropriately to meet and exceed goals
  • Process Management: Can identify and articulate the processes necessary to get things down efficiently and align resources effectively complete activities
  • Systems and Tools Acumen: Proficiency in Microsoft Excel, Microsoft Access and have aptitude to learn technical applications quickly
  • Risk Management: Anticipate risks and identifies contingency plans and processes to prevent disruptions when risks occur
  • Possess strong organizational and time management skills
  • Demonstrates strong listening, written and oral communication skills

Qualifications:

  • Bachelor's degree or equivalent experience
  • 5-7 years work experience, in Merchandise Planning
  • 3 years of supervisory experience, preferred

Job Type: Full-time