What are the responsibilities and job description for the Retail Merchandise Planner position at Rose International?
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.
Education Requirements :
- 4-year College Degree
- 5 years’ experience retail planning (preferably with apparel experience)
- Retail merchandise planning experience in a fast-paced environment
- 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
- Strong understanding of retail KPIs and proven track record of driving business results
- Strong analytical and problem-solving skills. Creative and strategic thinking
- In tune and consistently keeping up with consumer and market trends
- Excellent collaboration and relationship building skills
- Strong project management capabilities
- 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
- 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 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
- Only those lawfully authorized to work in the designated country associated with the position will be considered.
- Please note that all Position start dates and duration are estimates and may be reduced or lengthened based upon a client’s business needs and requirements.
Required Experience :
Key responsibilities include :