Merchandise Planner

Chatsworth, CA Full Time
POSTED ON 3/18/2024

Lamps Plus is looking for a Merchandise Planner to take plan ownership and analyze Omni-channel historical data and current trend data to identify risks and opportunities; inventory levels compare to sales data of the planned segments to company targets and provide action plans to reconcile deviations. This position will also manage a Replenishment & Allocation Analyst, in addition to the sales and inventory at segment level and ensure that the merchandise, sales and KPI targets will be met on a monthly, quarterly, and annual basis.

Responsibilities:
  • Analyze historical data and trends to develop category, ladder, and product-level inventory plans supporting company objectives.
  • Monitor inventory positions to identify opportunities for reorders, markdowns, turnover and margin optimization.
  • Collaborate with the Buying Team to manage inventory reconciliation on an ongoing basis as well as recurring OTB and reporting metric reviews.
  • Monitor sales channel performance and report performance based KPIs regularly.
  • Maintain SKU-level forecasts and coordinate product purchase needs with the Replenishment & Allocation Analyst.
  • Collaborate with the Retail Merchants team to ensure consistency of information and share best practices.
  • Generate New and Test Purchase Requests.
  • Support inventory management between retail, e-commerce, and wholesale channels.
  • Identify opportunities for process improvement.
  • Support the Retail Operations and Supply Chain teams with other duties as needed.
  • Partner with the Director of Planning and Merchants to provide ongoing strategic direction.
  • Develop annual financial budgets and in-season forecasts by Department/Class/Brand.
  • Provide mentoring, training, and coaching to Replenishment & Allocation Analyst.
  • Review financial analysis and deliverables from the team, providing direction and feedback as necessary.
  • Impact and optimize merchandise assortment plan through segmentation, brand, category, and trend analysis.
  • Equip the Buying Team with necessary data and analysis for vendor negotiations.
  • Ensure proper breadth and depth in merchandise assortment and alignment with replenishment model expectations
What You Bring to the Table:
  • 2 years of quantitative analytical experience with a proven track record of achieving successful results.
  • Solid experience with designing and building Excel spreadsheet models.
  • Bachelor’s Degree or Master’s Degree required.
  • Strong aptitude with numbers and clear understanding of retail math.
  • Strong organizational skills - ability to manage multiple projects, prioritize, and meet deadlines.
  • Ability to communicate persuasively, influentially, and responsibly across cross-functional teams.
  • Excels in team environments and in building / developing strong interpersonal relationships, while maintaining an individual determination to accomplish goals.
  • Ability to demonstrate logical thinking and problem-solving skills multi-tasking, time management, self-motivation, persistence, and takes full ownership of their success.
  • Advanced knowledge and understanding of Microsoft Excel and Office Suite
  • SQL experience a plus
What’s in it for You:
  • Medical, Dental, Vision
  • Dependent Care Flexible Spending Account, Flexible Spending Account, Health Reimbursement Account, and Employee Assistance Program
  • Paid time off, 401(k), Sponsored/Voluntary life and AD&D
  • Voluntary Short/Long-Term Disability and Voluntary Accident Insurance
  • Voluntary Pet Insurance
  • Voluntary Critical Illness, Voluntary Hospital Indemnity
  • Commuter Benefits
  • Employee Discounts and Recreation Discounts
  • Ongoing professional development training, career advancement opportunities and more!

Who we are:

  • Great Things Happen Here!
  • We Believe in Helping People Create the Homes of Their Dreams
  • Housewares/Home Furnishings retailer by Digital Commerce 360
  • Ongoing career growth opportunities and competitive benefits package
  • 1000s of exclusive products designed and manufactured by in-house teams

Salary.com Estimation for Merchandise Planner in Chatsworth, CA
$79,490 to $104,403
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