Merchandise Planner plans and forecasts for future merchandise buys based on historical buys, reoccurring buys and current inventory levels. 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. Being a Merchandise Planner plans and coordinates merchandise flow-through. Inputs and maintains data in various merchandising systems. Additionally, Merchandise Planner may require a bachelor's degree. Typically reports to a supervisor or manager. The Merchandise Planner gains exposure to some of the complex tasks within the job function. Occasionally directed in several aspects of the work. To be a Merchandise Planner typically requires 2 to 4 years of related experience. (Copyright 2024 Salary.com)
The Merchandise Planner leads the financial and inventory strategy for a category or set of subcategories, in collaboration with the category managers, across all channels and brands. The Planner ensures that item level forecasts and supply strategies drive sales, margin and turn to meet financial goals. The Planner manages an inventory analyst and builds entry level talent to become future leaders. They will be a student of their business looking to maximize opportunities, manage product life cycle in conjunction with merchants to avoid aging and liable product. They will ensure best in class in-stocks online and in store and will perform regular sku rationalization. They will monitor order flow to stay on time and on budget. They will be critical to the Open to Buy process.
Responsibilities will include, but will not be limited to the following:
About Guitar Center
Guitar Center embodies the world of creativity and music by encouraging our teammates to find their own individual sound. We strive to craft lifelong musicians and make a difference in the world by enabling musicians and non-musicians alike to experience the almost indescribable happiness that comes from playing an instrument. We believe in putting our customers first, engaging with respect and integrity and fulfilling our mission with passion.
Why join us?
With a career at Guitar Center, you become part of the world's largest multichannel musical instrument retailer. Whether at our Stores, Contact Centers, Distribution Centers, or Support Center, Guitar Center employees have a common goal: to help people find their sound and fill the world with more music.
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