What are the responsibilities and job description for the Planner position at Fourth Floor?
Our lifestyle client based in City of Industry is seeking an Associate Planner (temporary).
Duration : ASAP start for ~4.5 months
Pay rate : $27 / hr
The Associate Planner will develop merchandise plans and targets for an assigned group of product categories to maximize sales, optimize inventory and increase margin through the analysis of historical sales trends, current in-season patterns and future forecasts.
ACCOUNTABILITIES
- Assist Planners in the development of annual, seasonal, monthly, and weekly merchandise plans for assigned product categories. Pre-season top-down / bottom-up level plans for sales, inventory, markdowns / sell out plans, style counts, productivity and margin in partnership with the Planners and Merchants.
- Support quarterly / seasonal Hindsight process inclusive of fiscal view and seasonal view as well as other product attributes by pulling and reviewing data as well as providing initial findings.
- For assigned categories utilize and manage Basic Ladder Plans to support Planner and Merchant in product assortment strategies, monthly OTB processes and frequent review of inventory to decide to continue a style as a Basic or to Exit.
- Coordinates with the Planners and Allocation Team to develop and implement seasonal strategies according to region, climate, and other associated variables as well as store product tests, GMROI on store space and key sizing strategies.
- Manages in-season reforecasting of category unit plans / dollar plans, focusing on future opportunities as well as minimizing sales / inventory risks. Owns low volume categories and acts as point person in the OTB process.
- Helps to facilitate over- / under-bought situations through frequent receipt reconciliation.
- On weekly basis, supports and participates in the analysis of business trends, including but not limited to, category performance, channel selling, margin drivers, and seasonality.
- Pulls data and makes recommendations for Markdown and Promos on weekly basis that support hitting sales, margin, and inventory targets.
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Salary : $27
