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Retail Merchandise Planner

Company: The Paper Store
Location: Acton
Posted on: June 25, 2022

Job Description:

Retail Merchandise Planner The Paper Store is committed to being the premiere destination for all of our customer's gift-giving needs. Our mission is to share our passion for The Paper Store with each customer, during each visit, by going above and beyond their expectations for both selection and service. The Retail Merchandise Planner is responsible for the development of sales forecasts and inventory plans for their classification(s) and/or department(s). This position is accountable for providing analyses to improve profitability by identifying opportunities and risks at a granular level. The Merchandise planner will be highly collaborative with director(s) of planning to ensure that objectives are met at a higher level. He/she will also collaborate with the merchandising team to review classification performance and upcoming strategies. KEY RESPONSIBILITIES:

  • Develop sales forecasts, inventory plans, and margin goals for their classifications. Able to communicate these plans clearly to merchandising partners and planning management
  • OTB forecasting/re-forecasting at a monthly level to reflect current classification trends
  • Identify risks and opportunities within classification and use both high level and granular analytics to support potential profitable solutions/ideas
  • Develop key item plans for sales and inventory utilizing history and lost sales to identify growth opportunities
  • Expert on classification level and product performance within those classifications
  • Support director(s) in creation of pre-season item or classification level plans to align with top-level category plans by providing insight into current trends, historical analytics or related categories
  • Monitor weekly sales performance/trends to react to in-season product and business needs
  • Provide ad-hoc analysis to support director(s) and merchandising team on in-season item level forecasts
  • Provide weekly analytics on markdowns, seasonal performance, and top performing categories and skus
  • Provide recaps on key occasions and events for use in future planning processes
  • Support the training and on-boarding of new planning team members JOB REQUIREMENTS:
    • Bachelor's Degree
    • 3-5 years of experience in planning including knowledge of buying and allocation
    • Possess a strong sense of urgency and a high level of attention to detail
    • Able to think independently and objectively to develop well thought out strategies based on both quantitative and qualitative data
    • Highly proficient in Microsoft Excel
    • Strong Communication skills; provide clear direction and ideas
    • Able to work in an extremely collaborative environment
    • Strong organizational and time management skills with the ability to work under pressure and adapt to changing priorities and directionsThe Paper Store is an equal opportunity employer and considers all qualified applicants for employment without regard to race, color, national origin, religion, sex, disability, age, veteran status, or any other classification protected by state, local or federal law.

Keywords: The Paper Store, Boston , Retail Merchandise Planner, Hospitality & Tourism , Acton, Massachusetts

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