What are the responsibilities and job description for the Product Planning Coordinator position at Mavi North America?
Mavi North America is seeking a Product Planning Coordinator to join our team at our Westwood, NJ office. This role will support merchandise planning, inventory management, and business analysis across our retail, wholesale, and e-commerce channels. The ideal candidate is analytical, detail-oriented, and passionate about using data to drive inventory decisions and business performance.
Responsibilities:
- Plan and manage inventory levels through a thorough understanding of product performance and channel needs.
- Work closely with the Sales and Merchandising teams to develop product plans that support seasonal strategies, customer demand, and market trends.
- Develop, maintain, and manage seasonal buy plans.
- Determine appropriate buy quantities, including assortment breadth and item depth.
- Develop receipt plans for core products and monitor stock coverage and stock-to-sales performance.
- Analyze sales and inventory data to improve the accuracy and effectiveness of buying decisions.
- Review merchandising plans with the Sales team and participate in seasonal line reviews and pre-merchandising meetings.
- Analyze business performance from multiple perspectives, including channel, product category, fabric, and price point, and provide actionable insights.
- Prepare and distribute weekly and monthly sales reports, recommending updates to buy plans based on sales trends.
- Identify opportunities to optimize minimum order quantities (MOQs) and improve gross margin through proactive inventory and buying decisions.
- Support the development and maintenance of merchandise performance reports and dashboards.
Qualifications and Skills:
- Bachelor's degree in Business, Fashion Merchandising, Supply Chain, Finance, Economics, or a related field
- At least 1 year of experience in a similar position
- Strong analytical and numerical skills
- Advanced proficiency in Microsoft Excel
- Strong organizational skills with the ability to manage multiple priorities
- Detail-oriented with a proactive and solution-driven mindset
- Experience in the retail or apparel industry is preferred.