What are the responsibilities and job description for the Planner position at SBH Fashion?
Job Title: Planner
Job Description
Works with sales and merchandising to develop and drive strategies to maximize sales, profit and optimize inventory with cross-functional teams;
Responsibilities:
Job Description
Works with sales and merchandising to develop and drive strategies to maximize sales, profit and optimize inventory with cross-functional teams;
Responsibilities:
- Sales Forecasting, Receipt Management and Financial Planning
- Create monthly plans and reforecast at division/distribution level for sales, margin and inventory, managing to healthy turns and ending inventory targets
- Manage open-to-buy receipts for planning majors
- Track inbound-to-warehouse receipts for timely allocation to all stores and ecommerce sites
- Execute allocation (strategic, systemic) through channel distribution, warehouse splits, and by-store delivery, ensuring sales/receipt targets are met
- Replenishment Program Management
- Partner with Sales and Production on inventory re-orders/shares/trades
- Business Reporting
- Analyze historical sales performance to identify drivers of trends
- Understand impact of promotional strategies and pricing on sales and margin forecasts
- Monitor, track and/or suggest Transfers/RTV/Markdowns
- Analyze selling and inventory by store-style-size to stock balance between business units (retail, ecommerce, and wholesale)
- Review MD strategies to insure in line with margin targets
- Technology/Systems Integration and Data Validation
- Work with finance department to actualize company forecasts monthly
- Work with finance department to budget and reforecast multiple times annually
- Continuously explore more efficient ways of working with systems
- Identifying opportunities & partnering with merchandising and sales teams to develop assortment and new season strategy
- Using sales history and trend knowledge to suggest buy quantities working to a set budget
- Communicate weekly selling highlights
- Experience with Toolio
Salary : $85,000 - $100,000