Planner, Closet

Bed Bath & Beyond
Union, NJ Full Time
POSTED ON 1/29/2022 CLOSED ON 5/28/2022

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

  • 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
  • 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
    • 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
  • 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

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