Merchandise Planner, Wholesale-HYBRID
Merchandise Planner, Wholesale (Hybrid)
General Summary:
The Merchandise Planner, Wholesale is accountable for business results by analyzing business performance, recommending financial strategies to ensure merchandise category and brand financial parameters are achieved. This person must be flexible and embrace constant change, as the job is always evolving based on current business needs.
Reports to: Sr. Manager, Merchandise Planning
Essential Duties and Responsibilities:
• Deliver projected sales and COGS monthly to Finance partners, rolled up through brand sales partnership, maximizing sales margin; including below the line SRA metrics. Understanding sales inventory buckets, risks and opportunities.
• Collaborates with cross functional partners to set pre-season financial strategies and build assortment architecture plans that support the brand vision to ensure delivery of financial goals. Translates hindsight and in-season performance into future architecture.
• Develops and manages retail sales, markdown, and receipt plans through P&L at the customer level based on buyer plans, trend and historical performance; communicate findings with Sales and Retail partners
• Analyzes business performance for Wholesale and Drop Ship in-season, recommends strategies to support the specific account/category to drive sales limiting inventory liability
• Inventory management of DBI owned ATS through partnering with Sales team to sell off, integrating profitable closeout strategies.
• Provides solution-minded guidance, bottoms-up reporting, and various ad-hoc analyses focused on maximizing opportunities, minimizing risk to support business strategies
• Partners with Sales Team to ensure Key Item sales and inventory plans are appropriately positioned by customer; recommend reorders, markdowns and transfers as necessary.
• Communicates effectively to a wide variety of audiences to drive results.
• Influences the product lifecycle – supports Sales, Sourcing, and Design teams to understand financial goals and development needs in support of future season assortments.
• Builds relationships with cross-functional teams in Sales, Ecommerce, Demand Planning, Sourcing, Finance and Marketing to drive overall business strategy and uphold the DBI mission.
• Participates in assimilating new associates into the team through engagement in onboarding process; invests the time and energy to facilitate connections.
Required Skills and Competencies:
Required Skills:
• Strong financial acumen and statistical/analytical skills including data retrieval, organization, executive presentation, and summary skills.
• Capability to work autonomously
• Prioritizes effectively, adjusting easily to changing demands; demonstrates strong time management skills.
• Excellent communication skills, including written and verbal, with emphasis on delivery of financial concepts.
• Ability to identify best practices/efficiencies/automations and communicates them to benefit the entire planning group; contributing to continual process improvement.
• Proficient in Microsoft Suite; specifically Excel, including analytical formulas, formatting, pivot tables, etc
• Provides point of view, influences others through detailed analysis, factual data, and makes strategic recommendations on actions to take.
• Wholesale experience preferred, not required
• Travel into NYC, 2-4x per year for Markets and business meetings
• This is a hybrid position and will be expected to work in the NYC office 2-4 days per month
Competencies
SETTING GOALS – Creates and follow effective plans. Anticipates risks, creates contingency plans. Aligns plans with goals. Allocates adequate resources. Accepts and supports change. Willing to take risks and suggests new ideas, approaches. Takes initiative. Seeks out learning activities.
WORKING WITH OTHERS – Clearly articulates own, other’s goals. Promotes a team atmosphere by demonstrating humility and respect. Builds effective relationships, relates well to others. Delivers and responds to feedback in a constructive manner. Considers multiple perspectives. Handles conflict, pressure, uncertainty and adapts independently. Meets commitments. Dedicated to working with business partners on their expectations.
GETTING RESULTS – Personally accountable for work performance targets and achieving results. Prioritizes well. Anticipates and handles obstacles effectively. Makes good, timely decisions. Can simply and process complex problems. Understands underlying issues and addresses root causes. Meets deadlines, works until finished.
Experience:
• Minimum of 3 years’ experience in wholesale planning, merchandise planning, allocation, financial analysis, or buying
Education:
• B.S. degree in Business, Finance, or a related field
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Nearest Major Market: Manhattan
Nearest Secondary Market: New York City
Job Segment:
Demand Planner, Supply Chain, PLM, Business Process, Merchandising, Operations, Management, Retail