1. What is the average salary of a Merchandise Planner?
The average annual salary of Merchandise Planner is $81,047.
In case you are finding an easy salary calculator,
the average hourly pay of Merchandise Planner is $39;
the average weekly pay of Merchandise Planner is $1,559;
the average monthly pay of Merchandise Planner is $6,754.
2. Where can a Merchandise Planner earn the most?
A Merchandise Planner's earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer.
According to the latest salary data by Salary.com, a Merchandise Planner earns the most in San Jose, CA, where the annual salary of a Merchandise Planner is $101,714.
3. What is the highest pay for Merchandise Planner?
The highest pay for Merchandise Planner is $101,172.
4. What is the lowest pay for Merchandise Planner?
The lowest pay for Merchandise Planner is $63,226.
5. What are the responsibilities of Merchandise Planner?
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.
6. What are the skills of Merchandise Planner
Specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.
1.)
Planning: An act or process of making or carrying out plans. Establishment of goals, policies, and procedures for a social or economic unit city planning business planning.
2.)
Pricing: Pricing is a process of fixing the value that a manufacturer will receive in the exchange of services and goods.
3.)
Purchasing: Purchasing refers to a business or organization attempting to acquire goods or services to accomplish its goals. Although there are several organizations that attempt to set standards in the purchasing process, processes can vary greatly between organizations. Typically the word “purchasing” is not used interchangeably with the word “procurement”, since procurement typically includes expediting, supplier quality, and transportation and logistics (T&L) in addition to purchasing.