Merchandise Planner (apparel) - Lane Bryant
Full Time
New Albany, OH 43054
Posted
Job description
Brand Overview:
ascena is a leading national specialty retailer offering apparel, shoes, and accessories for women through our brands Ann Taylor, LOFT, and Lou & Grey, Lane Bryant and Cacique. We operate ecommerce websites and over 1200 stores throughout the United States.
Ready to apply? We currently have an opportunity for a Merchandise Planner (apparel) - Lane Bryant to join our team located at our LB OH Corp Office-LaneBryant-New Albany, OH 43054.
Position Overview:
Merchandise Planner – Lane Bryant (apparel)
Position Summary:
Accountable for the pro-active management running of the business, by channel, pre-season and in-season. Ensuring effective inventory management, in total and across channels, to maximize sales and margin.
Accountable for the pro-active management running of the business, by channel, pre-season and in-season. Ensuring effective inventory management, in total and across channels, to maximize sales and margin.
Essential Duties and Responsibilities (include but are not limited to):
Development of pre-season/in-season plans:
- Translation of by channel merchandise and assortment strategies into merchandise plans at a subclass/week level that will achieve financial targets
- Includes development of assortment architecture and flow in partnership with merchant merchandise strategy
- Understanding of marketing calendar and impact to financial architecture for each channel
- Assessment of past seasons and results providing insight to future plan development and recommendations in concert with merchandising partners
- Update plans to react to business trends; prepares contingency plans to drive sales and profit objectives
- Recommends pricing and promotional strategies that optimize margin, freshness and exit strategies, and that balance appropriately with the entire business pricing approach
- Identifies and reacts to opportunities to increase sales, improve margin, optimize inventories, and decrease markdowns
- Performs analytics to uncover opportunities and deliver insights.
Pro-active management of inventory, on order positions and margin results:
- Management of OTB
- Management of markdowns (promotional and permanent) for all channels
- Responsible for inventory positions for their business (total and by channel)
- Manage and evaluate inventory positions, in all channels, to ensure inventory levels optimize sales and margin and improve inventory productivity.
- Provide direction and insights to the allocation team to ensure inventory is optimized by channel
- Partner with allocation on store plans and allocation strategies
Accountable for managing day-to-day running of the business and meeting deadlines:
- Provides cross-functional partners with “what-if” proposals that quantify upside opportunities and risks and has the ability to make compelling and persuasive cases for proposals that are grounded in sound facts or assumptions
- Anticipates potential obstacles and works with cross-functional partners to establish contingency plans
- Ensures broad business strategies and objectives are translated into specific “local” objectives and plans
- Presents financial information in a concise, clear and confident manner in support of the needs of the business
- Synthesizes large, complex data sets into major points and issues that readily facilitate decision-making.
- Continually examines product successes and failures to extract key lessons
Requirements:
- Minimum of 2-4 years in retail as a merchandise planner, Allocation, financial analyst, or Buyer experience a plus in addition to merchandise planning.
- Customer-centric focus with understanding of customer needs and ability to understand market trends
- Ability to build strong relationships with a diverse group of cross functional partners, and cascade the proper level of information to support decision making.
- Undergraduate degree in finance, economics, accounting, business or related field- MBA a plus
- Good systems skills with experience in managing and reporting data in such environments as Arthur Planning, Data Warehouse, Excel, Access, etc.
- Key skills: Strong analytical ability, financial acumen, business influence and communication, change agility
Location:
LB OH Corp Office-LaneBryant-New Albany, OH 43054
Position Type:
Regular/Full time
Equal Employment Opportunity
The Company is committed to hiring and developing the most qualified people at all levels. It is our policy in all personnel actions to ensure that all associates and potential associates are evaluated on the basis of qualifications and ability without regard to sex (including pregnancy), race, color, national origin, religion, age, disability that can reasonably be accommodated without undue hardship, genetic information, military status, sexual orientation, gender identity, or any other protected classification under federal, state, or local law. We do not discriminate in any of our employment policies and practices. All associates are expected to follow these principles in all relationships with other associates, applicants, or others with whom we do business.
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