Sample Job Description for Merchandise Forecast/Planning Manager
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Merchandise Forecast/Planning Manager Job Overview
Merchandise Forecast/Planning Manager Job Description Sample
Manages the planning and forecasting for future merchandise buys based on historical buys, reoccurring buys, and current inventory levels.
JOB LEVEL
M02
EDUCATION/DEGREE
Bachelor's Degree
REPORTS TO
Director
Salary Range
BASE 50%
$128,000
TOTAL 50%
$134,600
Job Responsibilities for Merchandise Forecast/Planning Manager
Establishes systematic methods and tools to monitor stock-to-sale ratios and sales trend data to develop forecasts by product category, line, brand, and locations. Incorporates financial reporting and budget requirements into merchandise plans and recommendations.
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| Job Title | Job Description | |
|---|---|---|
| 1 | Healthcare Services Planning Director | The Healthcare Services Planning Director performs analysis of trends in healthcare and makes recommendations for new services or changes in existing services. Directs and oversees the patient service planning function for a hospital or healthcare system. Being a Healthcare Services Planning Director requires a bachelor's degree. Supports feasibility analysis and new program planning. In addition, Healthcare Services Planning Director typically reports to top management. The Healthcare Services Planning Director typically manages through subordinate managers and professionals in larger groups of moderate complexity. Provides input to strategic decisions that affect the functional area of responsibility. May give input into developing the budget. Capable of resolving escalated issues arising from operations and requiring coordination with other departments. Working as a Healthcare Services Planning Director typically requires 3+ years of managerial experience. |
| 2 | Merchandise Forecast/Planning Analyst | The Merchandise Forecast/Planning Analyst is 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. Plans and forecasts for future merchandise buys based on historical buys, reoccurring buys and current inventory levels. Being a Merchandise Forecast/Planning Analyst inputs and maintains data in various merchandising systems. Plans and coordinates merchandise flow-through. In addition, Merchandise Forecast/Planning Analyst may require a bachelor's degree. Typically reports to a supervisor or manager. Being a Merchandise Forecast/Planning Analyst gains exposure to some of the complex tasks within the job function. Occasionally directed in several aspects of the work. Working as a Merchandise Forecast/Planning Analyst typically requires 2 to 4 years of related experience. |
| 3 | Retail Buyer I | The Retail Buyer I analyzes market trends, sales data, and competitor activity to determine which items will drive profitability. Selects, sources, and purchases merchandise that aligns with a company's brand, sales goals, and customer preferences. Being a Retail Buyer I collaborates with planning, marketing, and inventory teams to optimize product assortments and maintain stock levels. Negotiates pricing, manages vendor relationships, and ensures timely delivery of merchandise. In addition, Retail Buyer I typically requires a bachelor's degree. Typically reports to a manager. Being a Retail Buyer I work is closely managed. Works on projects/matters of limited complexity in a support role. Working as a Retail Buyer I typically requires 0-2 years of related experience. |
| 4 | Retail Buyer II | The Retail Buyer II analyzes market trends, sales data, and competitor activity to determine which items will drive profitability. Selects, sources, and purchases merchandise that aligns with a company's brand, sales goals, and customer preferences. Being a Retail Buyer II collaborates with planning, marketing, and inventory teams to optimize product assortments and maintain stock levels. Negotiates pricing, manages vendor relationships, and ensures timely delivery of merchandise. In addition, Retail Buyer II typically requires a bachelor's degree. Typically reports to a manager. Being a Retail Buyer II occasionally directed in several aspects of the work. Gaining exposure to some of the complex tasks within the job function. Working as a Retail Buyer II typically requires 2-4 years of related experience. |
| 5 | Retail Buyer IV | The Retail Buyer IV analyzes market trends, sales data, and competitor activity to determine which items will drive profitability. Selects, sources, and purchases merchandise that aligns with a company's brand, sales goals, and customer preferences. Being a Retail Buyer IV collaborates with planning, marketing, and inventory teams to optimize product assortments and maintain stock levels. Negotiates pricing, manages vendor relationships, and ensures timely delivery of merchandise. In addition, Retail Buyer IV typically requires a bachelor's degree. Typically reports to a manager. Being a Retail Buyer IV work is highly independent. May assume a team lead role for the work group. A specialist on complex technical and business matters. Working as a Retail Buyer IV typically requires 7+ years of related experience. |
Merchandise Forecast/Planning Manager Skills & Proficiency Level
| Skills | Proficiency Level |
|---|---|
| Business Acumen | Level 2 |
| Key Performance Indicators (KPI) | Level 3 |
| Budgeting | Level 2 |