Associate Merchandise Planner

Compensation

: $64,580.00 - $104,060.00 /year *

Employment Type

: Full-Time

Industry

: Fashion



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From early morning yoga to brunch with friends, kick-ass career moves and date nights, your bras and undies should have your back like your bestie. Meet LIVELY. LIVELY is the embodiment of what it means to be sexy and confident today. It's inspired by girls who live life in the moment, ruled by their wild hearts and boss brains. These are girls who know what they want. They shop high, they shop low, they shop educated.LIVELY is a direct-to-you brand that cuts through the clutter to give girls exactly what they're looking for. We blend high-style with everyday comfort, and it's all delivered straight to your door. Free shipping and returns mean you can try everything on at home and get on with more important things-like running the world.Bras and undies are just the beginning!
POSITION OVERVIEW:We are seeking an Associate Merchandise Planner to support our Director of Merchandise Planning to focus on inventory management and forecasting for the LIVELY team. Reporting to the Director of Merchandise Planning for LIVELY, you will be responsible for assisting with managing sales and inventory financial plans for the entire LIVELY assortment at a topline as well as at the department(s), style and SKU level. Our Associate Planner will be responsible for aiding with analyzing, identifying and communicating sales opportunities and providing risk-mitigating recommendations. Focus is on maximizing profitability while aligning with total company goals, and customer expectations.
RESPONSIBILITIES:
Collaborate with leadership team on preseason and in season plans to align on sales and inventory strategies. Provide a diagnosis of the business and own suggested course of action. Create, update and enhance tools and process that supports financial integrity and allows for flexibility and innovation. Actively listen, engage and respond to team leaders and leadership in response to opportunities and challenges. Optimize supply chain and LIVELY owned factory to leverage speed to market, gross margin goals and prioritizing needs. Collaborate and influence Marketing team to optimize inventory providing recommendations for organic and paid advertising. React to current trends and partner with factory to maintain in stock position on key styles. Own wholesale initiatives communicating with buyers, creating tailored assortments, providing recommendations, identify risks/opportunities and strategize on actions for department stores and grow other partnerships. Create and maintain sales forecasts and inventory management at the dept, style, and size level. Conduct style outs to determine future assortment based on style productivity Develop key reports and tools to monitor and control sales plans and inventory in a scalable way. Recap business by category, style, color and size and create best seller/hindsight reports on a weekly, monthly and quarterly basis to measure past performance and to help inform future buys. to ensure customer needs are met. Manage flow of inventory and identify sales opportunities in season with a focus on maximizing profitability to meet company's goals and customers needs.
Preseason Summarize the opportunity and risk of a product plan as it relates to trend and financial metrics: initial mark-up, average unit retail, average unit cost, net margin dollars/rate. Recommend style count, cc count and flow of goods for optimal results. Develop and present the financial strategy associated with growth and diminishing categories in quarterly investment review meetings. Effectively communicate support for style level buys as it relates to current trend, historical findings or related categories. Create preseason sales, margin and inventory plans by department, style and color for core and launches. Analyze and report on previous quarter results; identify \"missed sales\" and growth drivers Work with production to ensure timeline of all new productions and communicate any changes with cross-functional partners.

Inseason Provide daily and weekly updates on business as it relates to last forecast, identifying trends, and highlighting selling that exceeds or falls short of expectation. Prepare sales, margin and inventory forecast monthly Partner with Merchandise Planner in OTB forecast meetings for current year; provide sales trend opportunity for future quarters, validate stock-to-sales relationships, maximize receipt flow to improve turn, and reconcile receipts to drive profitability. Generate and manage style level weekly unit sales plans in season by week/month/quarter and identify styles contributing to a +/- to forecast. Monitor basic style selling trends and partner with Director of Merchandise Planning to plan quarterly flow. Manage and develop the Assistant Merchandise Planner. Analyzes product performance in season, monitors demand, and reforecasts to establish inventory levels that drive sales and maximize profitability Prepare sales, margin and inventory forecast monthly Initiate conversations with cross-functional partners regarding potential risk or opportunities and suggested changes to course of action for both current and future quarters.
REQUIREMENTS:Bachelor's degree required2-3 years of experience in merchandise planning, allocation, merchandising, financial planning, strategy or business analyticsSelf StarterStrong analytical, financial modeling, and problem solving skillsExcellent written and verbal communication skillsCreative problem solverProven ability to build strong cross-functional partnerships and influence othersAbility to synthesize business performance into key highlights, root cause analysis and action plansAbility to manage multiple work streams/projects with tight timelinesStrong technical aptitude, including advanced competency in Microsoft Excel and the ability to quickly master new applications and systemsPerforms well in an environment that values creativity, flexibility, and varietyExhibits personal qualities, such as open-mindedness, enthusiasm, and adaptabilityPrefers challenges, fast pace, new ideas and future focus
YOU MUST BE:Passionate about LIVELY: you are ready to be an ambassador for the brand!You have an Entrepreneurial spirit!You have no problem rolling up your sleeves to make things happen.A problem-solver: you have an analytical mind and can navigate obstacles on the fly in a thoughtful and logical way.Detail oriented: your Google calendar can be crammed, but it's organized, totally manageable and you don't miss a beat.Graceful. You're self-aware & well spoken in meetings.Naturally curious. You love learning how things work and you're always looking for ways to innovate and improve
Associated topics: buyer, display, inventory, merchandise, purchase, ship, shipment, store, supplier, supply chain * The salary listed in the header is an estimate based on salary data for similar jobs in the same area. Salary or compensation data found in the job description is accurate.

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