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Retail Planner Job Description

Retail planner duties & responsibilities.

To write an effective retail planner job description, begin by listing detailed duties, responsibilities and expectations. We have included retail planner job description templates that you can modify and use.

Sample responsibilities for this position include:

Retail Planner Qualifications

Qualifications for a job description may include education, certification, and experience.

Licensing or Certifications for Retail Planner

List any licenses or certifications required by the position: APICS

Education for Retail Planner

Typically a job would require a certain level of education.

Employers hiring for the retail planner job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Collage Degree in Business, Education, Finance, Marketing, MBA, Merchandising, Economics, Fashion, Management, Communications

Skills for Retail Planner

Desired skills for retail planner include:

Desired experience for retail planner includes:

Retail Planner Examples

• Microsoft Word (.docx) .DOCX
• PDF Document (.pdf) .PDF
• Image File (.png) .PNG
• Set up appropriate system parameters, profiles, safety stocks, display minimums, , to achieve store/item in stock goals and objectives
• Create seasonal, monthly and weekly plans and forecasts for sales, inventory, markdowns and gross margin
• Initiate and develop actionable analysis to recap business by classification and subclass at a top-line store level in order to partner with buying team to create strategies to drive sales and achieve gross margin profitability
• Work with buying team and stores to analyze business by door to maximize sales and stock opportunities
• Produce weekly reports recapping sales, inventory and gross margin vs
• Track receipts to support in-season allocation strategies
• Liaison between Field and Transportation/DC when scheduling deliveries for ongoing weekly replenishment special circumstance deliveries
• Develop, review and analyze weekly product reports for merchandising and planning strategies
• Partner with Allocation to ensure timely flow of monthly newness into store
• Work closely with Merchandising and Marketing on assortment plans and monthly product highlights to support outlet initiatives
• Intermediate proficiency in Microsoft Office programs (Excel, Outlook)
• Bachelor's degree in related field or equivalent combination of education and years of experience
• 2 years retail experience desired, 2 years work experience in an analytical field desired
• Love to work collaboratively in a group, are a confident communicator and have an innate willingness to dig in and contribute with your team
• Are a true strategic business owner
• Think innovation and entrepreneural spirit is critical in a business environment and support others in creative thinking
• Own the annual planning process for product line performance, sales, inventory, receipt and margin goals
• Continuously analyze and reforecast business and recommend/implement strategies to ensure plan is achieved, including adjusting product flow, inventory management, and pricing
• Review buys at a detailed level to ensure styles and colors are planned appropriately and support departmental plans
• Develop and manage product sales and inventory reports
• BA or BS degree and minimum 3-4 years prior experience in merchandise planning and allocation
• Excellent communication, analytical and strategic thinking skills
• Knowledge of Arthur planning, a plus
• Develop seasonal plans by analyzing historical data and current trends while identifying risks and opportunities
• Forecast sales, margin and inventory turn by month, at a brand level and communicate business performance during weekly sales and monthly open to buy meetings
• Analyze and react to financial, market, customer trends and formulate appropriate strategies in partnership with the cross-functional team
• Must have an Associate or Bachelor’s degree in Interior Design, Architecture, or a related field
• Are Excel proficient
• Bachelor's degree in related field or an equivalent combination of training and experience to provide the necessary knowledge, skills and abilities
• Must be able to sit most of the day
• Design and implement Retail Planning and Allocation Solution as a Business Matter Expert
• Must be able to work autonomously and independently on assigned projects
• Provide direction and objectives to direct reports
• Identify, communicate, and implement strategic business opportunities
• Create promotional sales plans, including sales, margin, inventory
• Creation of Monday reports and recaps used to analyze business and direct actions
• Build preseason financial sales, gross margin and inventory plans at a weekly level by season which ties to the companies’ sales, margin and turnover goals
• Analyze in-season merchandise performance at the departmental and item level
• Prepare pre season promotional and markdown strategy through partnership with Merchandising
• Actively participate in weekly meetings with planning and buying team store visits
• Provide team with learnings at category/store & season level to be applied to plan/buy strategy for next season
• Analyze fiscal sales and sell-through
• Minimum 6 years experience in a similar capacity
• High level of understanding of Excel & retail math
• Completed degree preferred
• Excellent Analytical skills – Ability to use extensive system knowledge to prepare informative reporting tools
• Demonstrate financial acumen – understand what drives the bottom line
• 1-3 year previous retail work experienceThis position is not eligible for visa sponsorship
• Create and review top-down budgets by brand prior to retail buying
• Coordinate and analyze all retail pricing to ensure/maintain profitability
• Formulate Buy plans for each door
• Partners with Store Directors, Merchandising Directors and Merchandising teams to maximize opportunities and manage risks
• Support programs through demand forecasting, inventory control, retail performance, and program changes
• Store segmentation/Cluster strategies
• Ensures store inventory plans are in line with capacity requirements from Global Buyers and local Allocation Planning
• Aligns bottom up/top down sales and inventory plans by segment
• Manages the financial success of multiple channel, product categories across Men’s and Women’s Optics, Sun accessories
• Works with merchant group to “understand” business issues/trends, customer purchasing dynamic
• Bachelors degree in Business, Merchandising or related field or equivalent experience
• Ability to progress to CFP pathway
• 3+ years of experience in merchandise planning or inventory management
• Demonstrates ability to identify opportunities and create solutions
• Possess strong aptitude with numbers, retail math skills and understanding of forecasting methodology
• Ability to positively influence and lead others
• Manage the monthly Open-To-Buy process and communicate business performance during weekly sales and monthly open to buy meetings
• Publish daily and weekly sales reporting and provide expert analysis on successes and opportunities within the business
• Develop, maintain and update tools, reports, to support the needs of the business
• Monthly OTB, including presenting business to upper management
• Responsible for reviewing the business and highlighting trends (negative and positive) on a weekly basis
• To set & manage financial targets by dept & category
• Update & manage monthly OTB
• Work thru WSSIs to identify opportunity in sales & to minimize risk
• Work closely with the buying team to analyse seasonal merchandise assortments and execute merchandising strategies in line with OTB
• Expected to product regular & ad hoc analysis based on ROS, densities sales and cover and present these findings to senior management
• Fosters a positive and motivating work outlook with emphasis on team collaboration
• Advanced skills in Microsoft Office program, primarily in Excel
• At least 2+ years experience in merchandise planning or inventory management
• Must have three to five (3-5) years in retail planning
• 5 years experience in demand forecasting, preferably in a retail environment
• Strong statistical/forecast modeling skills

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