What are the responsibilities and job description for the Merchandise Planning Manager position at 8VC?
POSITION OVERVIEW As Merchandise Planning Manager, you will play a critical role in driving the success of our assortment and inventory strategy. This role requires a strong product sense with proven experience in driving strategic merchandise plans and partnering with divisional leaders to lead investment strategies that align with our business objectives.
Responsibilities
Hill House Home Inc. is committed to building a diverse team and fostering an inclusive culture and is proud to be an equal opportunity employer. We embrace and encourage our employees' differences in ethnicity, religion, national origin, gender, family status, sexual orientation, gender identity, gender expression, age, veteran status, disability, pregnancy, medical conditions, and other characteristics.
If you are a qualified individual with a disability or a disabled veteran and are unable or limited in your ability to use or access our website, you may request a reasonable accommodation to express interest in a specific opening. You can request reasonable accommodation by sending an email to hello@hillhousehome.com.
Responsibilities
- SALES PLANNING
- Own weekly and monthly sales plan by channel
- Present weekly and monthly sales to plan and present to team leads
- REPORTING & ANALYSIS
- Create and manage reporting weekly/monthly on department & category levels
- Ownership of collection/seasonal performance and hindsight (Hits, Misses, Risks, Opportunities)
- Seasonal KPI reporting by department, collection & channel
- Initiate conversations on potentials risks within departments / categories
- Analyze KPI productivity and work closely to optimize inventory and sales potential
- INVENTORY AND OTB MANAGEMENT
- Propose and maintain balance of seasonal, core and carryover inventory
- Assist in sales plan and inventory plan for new store openings
- Manage annual and monthly sales plan and receipt plan by location and/or categories
- Help lead OTB forecast process within Planning team with trends, opportunities, validating stock to sales and maximizing receipt flow
- Maintain OTB inventory levels to support sales plan
- SEASONAL BUDGET
- Propose seasonal budget and work closely with merchandising to create category budgets per collection/season
- Perform and present pre-season analysis, plans and final roll to stakeholders
- REPLENISHMENT
- Provide replenishment targets in order to maintain OTB levels by category
- Re-forecast replenishment demand monthly and propose & execute buys in consideration of lead times
- Lead meeting and submit forecasts to cross-functional partners for visibility
- 5-7 years of merchandise planning experience
- High level of conceptual creative ability. Strong product sense with proven experience in driving product assortments and partnering with divisional leaders to lead investment strategies that drive business
- Advance knowledge of Microsoft Excel
- Embraces a culture of learning and advocacy
- Has lived experiences with people from different backgrounds and diverse teams
- Salary Range: $90,000 - $120,000
Hill House Home Inc. is committed to building a diverse team and fostering an inclusive culture and is proud to be an equal opportunity employer. We embrace and encourage our employees' differences in ethnicity, religion, national origin, gender, family status, sexual orientation, gender identity, gender expression, age, veteran status, disability, pregnancy, medical conditions, and other characteristics.
If you are a qualified individual with a disability or a disabled veteran and are unable or limited in your ability to use or access our website, you may request a reasonable accommodation to express interest in a specific opening. You can request reasonable accommodation by sending an email to hello@hillhousehome.com.
Salary : $90,000 - $120,000
