New Balance Athletics, Inc. | Merchandise Planner | ...

Who We Are: Since 1906, New Balance has empowered people through sport and craftsmanship to create positive change in communities around the world. We innovate fearlessly, guided by our core values and driven by the belief that conventions were meant to be challenged. We foster a culture in which every associate feels welcomed and respected, where leaders and creatives are inspired to shape the world of tomorrow by taking bold action today. JOB MISSION: New Balance's Merchandise Planner will plan, forecast and manage sales, margin, inventory receipt plans and turn for the Retail stores or Ecom business. Key responsibilities are to maximize sales, gross profit, inventory turns, minimize markdowns, and manage the open buy for specific categories by analyzing financials, market, and customer data. The Planner works within seasonal budget guidelines. Participates in promotional planning initiatives and system execution. MAJOR ACCOUNTABILITIES: Build preseason financial sales, gross margin and inventory plans at a weekly and monthly level by season which ties to the companies' budgeted sales, gross margin and turn goals. Responsible for Quarterly reforecast with Finance Team. Maintain Open To Buy report forecasting sales, gross margin, and inventory turn by week/month at a department/class/subclass level. Communicate business performance during weekly sales and monthly Open To Buy meetings. Quantify in-season risks and opportunities at the department, class, and style level and make the appropriate recommendations to merchant teams and management. Maintain reporting and metrics to drive merchandising strategy and promotional analysis. Update weekly/monthly business summaries to report out on status of business (monthly; quarterly; etc.), including recommended responses to trend. Assist in reporting and analysis for Management. Build and develop relationships with cross functional business partners to achieve financial results for area of responsibility and total company. Attend weekly business meetings. REQUIREMENTS FOR SUCCESS: Proficient PC skills, including MS Office Suite and advanced Excel skills. Understanding of retail math components. Aptitude to analyze discrete data to identify trends, issues and opportunities. Demonstrate critical thinking and problem solving skills. Effective communication skills at multiple levels within the organization including senior management. Support an environment that fosters respect for the ideas of others as well as ongoing collaboration to execute business strategy. #J-18808-Ljbffr

Created: 2024-11-30