Merchandise Planner plans and forecasts for future merchandise buys based on historical buys, reoccurring buys and current inventory levels. Responsible for reviewing stock to sales ratios, responding to changing sales trends, and ensuring plan sales, plan markups, and plan markdowns are achieved by departments. Being a Merchandise Planner plans and coordinates merchandise flow-through. Inputs and maintains data in various merchandising systems. Additionally, Merchandise Planner may require a bachelor's degree. Typically reports to a supervisor or manager. The Merchandise Planner gains exposure to some of the complex tasks within the job function. Occasionally directed in several aspects of the work. To be a Merchandise Planner typically requires 2 to 4 years of related experience. (Copyright 2024 Salary.com)
This position is responsible for driving financial performance relating to Sales, Inventory productivity, Sell Through, and Margin through a strong working knowledge of merchandise planning techniques and principles. Candidate will work to develop strong teamwork between Inventory Management, Space Planning, Store Ops, Pricing, Logistics and Merchandising. The successful candidate will create Annual, Pre-Season, and Assortment Plans that balance TSC's Merchandise and Inventory Productivity strategies, and will collaborate with all functional areas to ensure those plans are executed. They will analyze and interpret data from multiple sources, provide forecasting support, and suggest appropriate actions by managing the Open-To-Buy and In-Season Monitoring processes.
Experience: 6 plus years of retail experience, including a minimum of 3-5 years in planning, merchandising, or Inventory Management.
Education: BS in Business, Retail, or other related field from an accredited college or university. Any suitable combination of education and experience will be considered.
This job description represents an overview of the responsibilities for the above referenced position. It is not intended to represent a comprehensive list of responsibilities. A team member should perform all duties as assigned by his/ her supervisor.