What are the responsibilities and job description for the Retail Merchandise Planner/Merchandise Planner/Planner position at Lancesoft?
If you are interested in this job and need more details, please send me (Harpreet) your resume on Harpreet.C@Lancesoft.com and call / text me on 571-678-0544. Thanks!
Job Title : Retail Merchandise Planner
Location : Atlanta, GA 30313 (Hybrid)
Duration : 12 Months Contract
Hours : 1St Shift 20 hours / week with potential to increase to 30 hours
Pay Rate : $50.00 / hr. to $70.00 / hr. on W2
Please make sure you read the following details carefully before making any applications.
Description :
This role is responsible for all merchandise / inventory planning responsibilities including oversight of the logistics / supply chain for a new international retail store concept. This role is part of the client Global Licensing & Retail (L&R) team and will work in collaboration with the local Operating Unit and Operating Agency.
Key responsibilities include :
Oversee all merchandise related responsibilities for a new concept
Manage ongoing cross category merchandise assortment (apparel & hardlines) tailored to the target consumer & market and aligned to the overall strategic vision of the brand and store.
Responsible for planning and managing the Open-to-Buy for the store, ensuring targets are met including Sales, Gross Margin and Avg Stock.
Work with vendors and with US client Store Merchandise Planners to place orders and forecast replenishment needs.
Coordinate order timing with US store order placement to ensure MOQ’s and cost targets are met.
Manage replenishment and in season reorders, ensuring product is in stock and arrives on time
Partner with logistics agency, international trade team and suppliers to manage all aspects of the supply chain.
Work with QA, Product Developer and Suppliers to ensure local product regulatory requirements are met.
Manage licensing contract amendments and new contracts for suppliers
Partner with Visual Merchandiser to execute compelling and profitable presentations and product placement. Work with VM on an ongoing basis to re-merchandise as needed to maximize sales.
Establish and execute liquidation plans as needed
Collaborate with cross-functional teams including Buyer, Planners, Strategy team, Visual Merchandising Coordinator, Product Developer, Marketing and Operating Agency
Conduct analysis and produce reporting and actionable recommendations on a weekly and monthly basis.
Provide category, class and item performance analysis and present to leadership
Continually review and analyze productivity, category and item selling, and recommend actions to optimize the business performance
Assess learnings and propose assortment changes as needed to maximize results.
Create Product Knowledge decks to educate store teams
Create and maintain assortment plans reflective of all product and costing information
Create product related presentations for leadership and cross functional teams
Requirements :
Retail merchandise planning experience in a fast paced environment.
Strong understanding of retail KPIs and proven track record of driving business results
Strong analytical and problem solving skills. Creative and strategic thinking.
Merchandise financial planning skills and solid experience managing Open to Buy.
In tune and consistently keeping up with consumer and market trends
Excellent collaboration and relationship building skills
Strong project management capabilities
Effective communication skills (written, oral, and presentation)
Comfortable with ambiguity and complexity
High-level of flexibility and ability to self-manage including tolerance for last minute changes.
Ability to thrive in a networked environment
High attention to accuracy and detail
Proficiency in Microsoft Office Suite including Excel, Power Point, Power BI
Successful performance record
Education :
4 year College Degree
Years of Experience :
5 years experience retail planning (preferably with apparel experience)
Experience :
Retail Merchandise Planning experience
Track record of delivering financial results
Experience with international retail stores preferred
Apparel / Accessories experience preferred
Experience launching new stores or concepts
Merchandise financial planning and Open to Buy management.
Experience leveraging data and insights from consumer data, industry trend and qualitative and quantitative research to drive results.
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