What are the responsibilities and job description for the LPS Merchandise Assortment Planner position at Lowes?
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The Merchandise Assortment Planner serves as a category analyst responsible for analytics and support for the Lowes Pro Supply merchandising team and will be responsible for developing and executing comprehensive merchandise assortment strategies that align with customer needs and business objectives. This role involves analyzing historical sales data, market trends, and customer insights to inform decisions about product selection and inventory management. The Assortment Planner collaborates closely with cross-functional teams, including merchandising, buying, and marketing, to ensure that assortments are well-aligned with overall brand strategy and market demands.
Essential Functions:
•Provide robust analytical support for product line reviews (PLRs), business reviews (BRs).
•Prepare comprehensive reports and presentations that summarize findings, insights, and recommendations for assortment planning.
•Support end-to-end planning process, including pre coordination sessions, assortment kickoff meetings, and calibration sessions with cross functional teams.
•Collaborate with cross functional teams including merchandising and buying teams to ensure that assortment plans are aligned with broader business objectives and strategies.
•Solicit feedback from stakeholders to gather insights and feedback on assortment strategies.
•Adjust product offerings based on local and regional preferences, ensuring that assortments resonate with customer needs.
•Lead Merchant team through the evaluation and determination of clustering and assortment selection based on data driven insights.
•Conduct seasonal forecasting by analyzing various data points and providing actionable insights to adjust product offerings accordingly.
•Optimize the assortment to maximize overall revenue while maintaining a balance between customer needs and business goals.
•Stay informed about industry trends, competitor strategies, and market conditions to continuously enhance assortment planning process.
Minimum Requirements:
•Bachelor’s Degree - Marketing, Retail Management, Finance, or related field
•Up to 1 year of experience in merchandising, assortment planning, finance, or related field
•1-2 years’ experience executing project plans in a cross functional environment
•1-2 years’ experience with retail assortment store clustering
•1-2 years’ experience working for a large organization in Merchandising, store planning, or store operations
Lowe’s is an equal opportunity employer and administers all personnel practices without regard to race, color, religious creed, sex, gender, age, ancestry, national origin, mental or physical disability or medical condition, sexual orientation, gender identity or expression, marital status, military or veteran status, genetic information, or any other category protected under federal, state, or local law.
