What are the responsibilities and job description for the INVENTORY PLANNER position at FullBeauty Brands?
FULLBEAUTY Brands™ is the premier fashion and lifestyle destination for the plus size customer. We are an online and catalog marketplace offering a curated collection of the finest family of plus size brands and thousands of products.
POSITION SUMMARY:
The Merchandise Planner is responsible for planning and managing assigned departments through an entire lifecycle. This includes creating pre-season plans, quarterly investment review and in-season business management. This position will forecast sales, markdowns, and inventory levels on a regular basis to optimize sales, margin and return on investment. Identify risks and opportunities to the business and develop action plans in partnership with their merchandising partner. Develop meaningful historical sales recaps in order to make more sound decisions on future seasons.
PRIMARY RESPONSIBILITIES:
- Create seasonal sales, inventory, and profit plans for assigned departments
- Develop and present quarterly investment strategy at item and color level in partnership with Merchandising and aligned with strategic objectives of the brand
- Own open to buy process for assigned departments, projecting business results and developing action items to maximize the business
- Analyze weekly sales, margin and inventory based on current trends. Manage appropriate in-stock positions of key products and action slow-sellers with markdown plan
- Project for capacity and raw materials production in replenishment items
- Mentor, train and develop junior members of the team. Potential for direct report of planning analyst
- Analyze size selling and implement appropriate recommendations
- Run and analyze reports in order to react to current business trends as well as anticipate future business trends
- Identify and communicate opportunities and risks in the current plan based on factual data
- Build a relationship with cross-functional team to meet deliverables in an efficient manner
- Create Reports that will simplify decision making for the brand using sound and consistent approach
- Become a power user of internal assortment planning tool and sales reporting tool
- Responsible for execution of purchase orders and markdowns
MINIMUM QUALIFICATIONS:
- Bachelor’s Degree
- 5 years of retail buying, planning or financial experience
- Strong proficiency of Excel; strong command of retail math concepts and applications
- Highly motivated and results oriented; sense of ownership and intellectual curiosity
- Ability to build and maintain strong working relationships
- Ability to thrive in an ambiguous, fast-moving and evolving environment
- Demonstrated ability to problem-solve and think critically
- Excellent verbal and written communication skills
- Excellent time management/project skills
- Tableau experience a plus
WHY JOIN FULLBEAUTY?
- Competitive Health Benefits (Medical, Dental & Vision)
- Employer HSA Contribution
- 401K Match
- Employee Assistance Program
- Hybrid Work Schedule (Corporate)
- Business Casual Attire
- Wellness Initiatives
- 30% Associate Merchandise Discount Across our Family of Brands
- Employee Discount on Travel, Cell Phone Plans and More
- Generous Paid Time Off Program
- Promote From Within Culture
- Commitment to Being an Equal Opportunity Employer
- Life Insurance Benefits
- Internal charity that supports FULLBEAUTY Brands’ associates and their immediate family members during times of extreme hardship
FULLBEAUTY Brands™ is an Equal Opportunity Employer. Qualified applicants will receive consideration for employment without regard to age, race, color, religion, sex, national origin, sexual orientation, gender identity, disability or protected veteran status.
Salary : $70,000 - $90,000