What are the responsibilities and job description for the Edgemine Inc is hiring: Merchandise Planning Analyst Women's Fashion Apparel in position at Edgemine Inc?
Job Description
Job Description
Salary : 60-85k Annual
The Merchandise Planning Analyst at Edgemine will be responsible for optimizing the Open-to-Buy (OTB) process and driving demand forecasting through deep analysis of historical sales data. This role will ensure the right styles and categories are produced each season, meeting financial goals and ensuring efficient inventory management. The Merchandise Planner will play a key role in determining which designs and product categories to produce, aligning production with market trends and customer demand.
Key Responsibilities :
- Open-to-Buy Management :
Develop, maintain, and manage the OTB plans across multiple categories, ensuring alignment with the companys sales, margin, and inventory objectives. Continuously monitor OTB to ensure product availability while avoiding overstock.
Analyze historical sales data, market trends, and customer insights to accurately forecast demand for future seasons. Provide guidance on which styles, categories, and colorways to produce based on past performance and projected trends.
Influence the product assortment, leveraging historical data to predict customer preferences and market demands. Ensure that inventory levels are optimized to meet demand across all sales channels, including e-commerce, wholesale, and trade shows.
Track the performance of each category, from launch to sell-through, to provide actionable insights on when to reorder bestsellers or adjust the forecast for slow movers. Develop strategies for markdowns or promotions to clear excess inventory when necessary.
Build detailed analysis models to identify which designs, styles, and categories are likely to perform best based on previous sales history. Provide recommendations on SKUs that should be prioritized for production, as well as those that should be minimized.
Conduct detailed weekly, monthly, and seasonal performance reviews of designs and categories, adjusting forecasts and plans as needed to meet sales and margin targets.
Proactively manage risks by adjusting OTB and forecasting models to mitigate potential stockouts or overproduction, ensuring Edgemines competitive edge in the fast-fashion market.
Qualifications :
Preferred Skills :
We'd love to have you apply, even if you don't feel you meet every single requirement. What's most important to us is finding authentic and accountable people who feel connected to our mission and values, not just candidates who check off all the boxes. We are looking for someone who will bring all their expertise, learn, and grow with us.
What we offer :
Schedule :
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