Merchandise Planner

New York, NY, USA
Posted 1 day ago
Full timeRetail Luxury Goods and Jewelry

Merchandise Planner primary purpose is to drive sales & inventory forecasts for all Topline Categories / GBU within a monthly OTB forecasts. Ensure sales and inventory forecasts are driving demand plans and are integrated with Finance. Provide pre season topline targets to merchants for assorting and buying. Ensure OTB’s by channels inform finance budgets and call out risk and opportunities in season.

Essential Functions:

  • Pre Season - Category / Collection / GBU Sales & Inventory Merchandise Financial Plans (MFP)
    • Pre Season top down and middle up forecasting at a category/collection level. In addition to sales, forecasting is inclusive of KPI’s, inventory and allocations.
  • In Season - Category / Collection / GBU Sales & Inventory Forecasting (MFF)
    • Tracking weekly performance against preseason plans. Identifying proactive ways to mitigate risk.
    • Become expert at controlling TXT MFP parameters for Top Down & Bottom Up reconciliations
    • Price Type plans (LRRP, ASP, Discount Rate)
    • Margin Type (IMU, NET)
  • Ultimate Owner of Inventory Optimization & variances to Targets
  • Ensure wholesale inventory balance is planned pre season and in season
    • Setting to sales targets
    • Partner with allocation and demand planning team to guide inventory builds according to budgets and forecasts
  • Escalate any inventory issues to Demand Planners/Merchandisers proactively to secure sales upside (shortages) and mitigate downside risks (overages)
  • Key role in business review communicating variances to sales targets, inventory targets through S&OP and clear actions to address issues

Something About You:

  • Strong, seasoned, technical merchandise planner / OTB manager or with vertical retailing, omni experience
  • 5+ years of solid experience working within Merchandising and/or experience from retail, fashion, lifestyle or FMCG industry
  • Relentlessly commercial and fact based, analytical and strategic
  • Prioritizes process and the ability to maintain personal deliverables
  • Strong business acumen & analytical
  • Ability to collaborate cross-functionally & geographically
  • Strong analytical skills with the ability to manage large sets of data and present results in a simple manner
  • Able to develop and maintain strong working relationships with peers and cross-functional teams.
  • Flexible and adaptive to changing priorities.
  • Able to perform under pressure, organize and prioritize workload to meet deadline.
  • Escalates issues proactively
  • High level of proficiency with Microsoft Excel and strong aptitude to learn technical applications (like: MS Access, Hyperion and APTOS) quickly
  • Knowledge of planning software
  • Excellent written and verbal communication skills.
  • Excellent presentation skills.

Travel Required:

less than 10%

About Pandora

Pandora designs, manufactures, and markets hand-finished jewelry made from high-quality materials at affordable prices. Pandora jewelry is sold in more than 100 countries through 6,800 points of sale, including more than 2,700 concept stores.

Headquartered in Copenhagen, Denmark, Pandora employs 27,000 people worldwide and crafts its jewelry at two LEED certified facilities in Thailand using mainly recycled silver and gold. The company plans to be carbon neutral by 2025 and has joined the Science Based Targets initiative to reduce emissions across its full value chain. Pandora is listed on the Nasdaq Copenhagen stock exchange and generated a revenue of DKK 23.4 billion in 2021.

At Pandora, we believe that creating an inclusive and diverse workplace and reflecting societal diversity in our customer engagement is essential to delivering on our company purpose: to give a voice to people’s loves. We dedicate ourselves to fostering, cultivating, and preserving a culture of inclusion and diversity where everyone feels respected and valued.

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