What are the responsibilities and job description for the Planner, Closet position at Bed Bath & Beyond?
Merchandise Planner
Overall R&A
- Responsible for the Pre-Season plan creation of the detailed Bottom-Up (BU) Merchandise Financial Plans (MFP) and the In-Season forecasting and monitoring process of the approved plans
- Responsible for assisting in the Assortment and Life-cycle Planning and reconciliation processes
Key Accountabilities
Lead
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Develop Bottom-Up MFP Plans for Sales, Receipts, Inventory/Turn, GM drivers and the resulting GM
- Support company goals and merchant vision
- Collaborate with Merchandising, Finance, POD team members
- Lead plan proposal and approval process
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Develop Bottom-Up Forecasts against the Original (OP) or Revised Plan (RP)
- Address current performance and consequences to OP or RP
- Make recommendations and provide any supporting documents
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Lead monthly Open to Buy meetings
- Prepare / follow up on action items
Support
- Assist in Assortment Planning analytics, e.g. choice count analysis, and reconciliation process to MFP
- Assist in Campaign Planning and Life-cycle Transition planning, e.g. markdown and promo support, and the reconciliation process to MFP
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Provide limited ad-hoc analysis
- Conduct analysis and make recommendations
Performance Goals and KPIs
Goals
- Quality of Plans: actionable and achievable plans
- Timeliness of plans and forecasts
- Merchant, POD partnership / collaboration
KPIs
- Sales
- Inventory / Turn
- GM
Key Partnerships/Hand-offs
Merch
Collaborate with and gain approval of all pre and in- season plans
MP Leadership
Provide BU Pre-Season plans and forecasts for approval/reconciliation
FP&A
Collaborate with and inform pre and in-season
Asst / Space
Collaborate with and inform pre and in-season
Inventory Mgmt.
Collaborate with and inform pre and in-season
Commercial excellence
Collaborate with and inform pre and in-season
Supply Chain
Inform pre and in-season
Marketing/Visual
Inform pre and in-season