What are the responsibilities and job description for the Merchandise Planner position at Bath & Body Works?
Brand: Bath & Body Works
Location: Reynoldsburg, OH, US
Location Type: Hybrid
Job ID: 03YKF
Job Area: Planning and Allocation
Employment type: Full-time
Description
At Bath & Body Works, everyone belongs. We are committed to creating a diverse, equitable and inclusive culture focused on delivering exceptional fragrances and experiences to our customers. We focus on recruiting, retaining, and advancing diverse talent where our associate population is as diverse as the communities we serve, live and work. In addition, we work to improve our communities and our planet in a way that will make us proud for years to come because we believe the world is a brighter, happier place when everyone has access to the things that make them happy.
The Merchandise Planner for Bath & Body Works is responsible for the planning/forecasting of product merchandising categories. Generates and analyzes statistical data, and analyzes and revises the financial plans in support of the business initiatives and budget objectives. Reports to Manager, Merchandise Planning. No direct reports.
Responsibilities
- Coordinate and communicate Store financial strategies & interpretation for stores channel, assortment architecture, pricing and promotions, merchandise plans, margin targets, purchases, exit strategies, timing, planning calendar.
- Maintain SKU-level forecasts that are updated monthly or more frequently based on business needs, inclusive of units, sales dollars, and margin. Identifies trend changes and impacts to business.
- Collaborate with cross-functional partners on launch & reactive buys.
- Work with Central Planning in identifying targets for pre-season and in-season.
- Present business trends and forecasts to management in weekly business reviews.
- Develop long-term forecasts to act as the basis for seasonal architecture to meet business needs.
- Review and provide seasonal hindsight for cross-functional team.
- Actively pursue growth and development opportunities, continually finding ways to improve.
- Communicate openly and directly; accept responsibility and champion ideas despite challenges.
- Adaptable to change, trying new things as needed, and demonstrating flexibility.
- Encourage innovation, creativity, and risk-taking through influence in teams.
- Cultivate the ability to work effectively under stressful and changing circumstances.
- Foster teamwork by being a valued teammate and building good relationships across functional and division lines.
- Set high personal performance standards that deliver results, convey a sense of imperativeness and enthusiasm for the business, and help achieve objectives despite obstacles or opposition.
Qualifications
- Five (5) or more years of relevant experience required
- Demonstrated track record of being an effective partner and teammate across multiple departments
- Organized with strong communication and interpersonal skills
- Ability to manage multiple priorities and provide deliverables in a timely manner
- Expert technical skill proficiency using Microsoft Excel, and PowerPoint
- Expert technical skill proficiency using MSI tools preferred; other retail planning systems experience
- Two years of catalogue, internet or stores retail experience
Education
- Bachelor’s degree in finance, operations, economics, business, statistics, or equivalent experience.
Core Competencies
- Lead with Curiosity & Humility
- Build High Performing Teams for Today & Tomorrow
- Influence & Inspire with Vision & Purpose
- Observe, Engage & Connect
- Strive to Achieve Operational Excellence
- Deliver Business Results
Benefits
We invite you to join Gingham Nation, where we invest in our associates through competitive compensation, benefits, and development opportunities, so they can continue to be their best at work, at home, and in their communities. Benefits offered to our eligible associates include a no cost mental health and well-being program, health coverage with a variety of plans to choose from, flexible and affordable saving programs, paid time off and a merchandise discount. Visit bbwbenefits.com for details.
View Benefits Information
The above statements are intended to describe the general nature and level of work being performed by people assigned to this job. They are not intended to be an exhaustive list of all responsibilities, duties and skills required.
We are an equal opportunity and affirmative action employer. We do not make employment decisions based on an individual’s race, color, religion, gender, gender identity, national origin, citizenship, age, disability, sexual orientation, marital status, pregnancy, genetic information, protected veteran status or any other legally protected status, and we comply with all laws concerning nondiscriminatory employment practices. We are committed to providing reasonable accommodations for associates and job applicants with disabilities. Our management team is dedicated to ensuring fulfillment of this policy with respect to recruitment, hiring, placement, promotion, transfer, training, compensation, benefits, associate activities and general treatment during employment.
We only hire individuals authorized for employment in the United States.