Merchandise Planning Manager
Mississauga - Canada
Job Summary
Serving the needs of all families with young childrenCarters Inc. is the largest North American apparel retailer exclusively for babies and young children encompassing Carters OshKosh Bgosh Skip*Hop and Little Planet brands. Meaningful work constant learning genuine people and a community guided by core values that promote inclusion and innovation is in everything we do. There are many reasons to build your career at Carters.
HOW YOULL MAKE AN IMPACT:
The incumbent in this position partners with the Category Management team to achieve the overall financial and strategic objectives of the organization. The Planning Manager manages the financial performance of the merchandise and optimizes assortment placement and quantification.
45%: Merchandise Financial Planning
- Develop and execute merchandise financial plans by product classification aligned to financial targets to establish annual budgets and open-to-buy
- In partnership with the Category Manager establish assortment strategies (pricing buy quantities commodity blends) to achieve the financial plans
- In partnership with the Category Manager establish inventory flow which supports demand and inventory targets; align on optimal units/style
- Validate promotional marketing plan aligns to monthly financial plan
40%: In-Season Management
- Execute monthly/as needed re-forecast of comprehensive financial plans; re-forecast sales margin and inventory based on trend to identify risks/opportunities compared to plan
- Develop and execute markdown strategies to achieve unit sales plan while maximizing margin
- Partner with the Category Manager to provide strong in-season forecasts and develop corrective in-season actions where required
- Conduct post-season analysis and draft monthly/quarterly hindsight recaps and strategies for the next season buys
15%: Reporting and Analysis
- Determine sizing requirements by commodity based on pre-season performance analysis
- Provide ad hoc business reports and analysis as needed
- Utilize company-approved tools and processes to support planning and measurement of the business
WED LOVE TO HEAR FROM YOU IF:
Must have:
- 4 years experience in Planning principles financial budgeting retail fundamentals ad hoc reporting and analysis
- Strong analytical skills
- Strong communication/collaboration skills with ability to influence others
- Adaptable to fast moving retail environment
Preferred skills and experience:
- Bachelors Degree or equivalent work experience
- Highly adept in various systems including intermediate to advanced Excel skills
- Highly motivated and self-reliant
- Experience with Planning and/or Replenishment in a retail organization
MAKE A CAREER AT CARTERS:
Career Development: Success starts from within and we have several paths from which you can choose to enhance your career evolution. From Carters University to Toastmasters to mentorship programs and more we encourage you to utilize these tools to elevate your professional prowess.
NOTE: This job description is not intended to be all-inclusive. The duties described may be changed or reassigned at the discretion of management and the employee may be required to perform duties that are not listed in the job description.
Carters OshKosh is an equal opportunity employer and encourages all interested and qualified candidates to apply. Should you require any type of accommodation please do not hesitate to contact us.
Carters OshKosh est un employeur souscrivant au principe de légalité daccès à lemploi et encourage tous les candidats intéressés et qualifiés à postuler. Si vous avez besoin de certaines mesures dadaptation nhésitez pas à communiquer avec nous. .
Required Experience:
Manager
About Company
Shop for baby clothing, baby necessities and essentials at Carters.com, the most trusted name in baby, kids, and toddler clothing. Shop our selection of cute baby & kids clothing.