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: Merchandise Planner I – INTL - Asia
: Planning & Allocation
: Sr. Manager, Merchandise Planning
: 3880 N Mission Los Angeles, CA 90031
The Merchandise Planner I will develop strategic merchandise plans for an assigned group of product categories to maximize sales and to meet financial objectives through the analysis of sales trends and forecasts. The Planner will lead open-to-buy meetings with Divisional Merchandise Managers and Senior Buyers, providing strategic and analytical support to ensure the achievement of sales, gross margin, and key financial goals.
Manage the development of annual, seasonal, monthly, and weekly merchandise plans for assigned product categories
Partner with merchants to develop and propose business tactics in response to current business trends, advising them on open-to-buy, optimum unit purchasing, etc.
Develop multiple class level pricing recommendations and strategies in alignment with company financial objectives
Forecast the sales levels of store clusters based on historical sales trends and insights on fashion trends received from Buying groups
Develop and evaluate unit plans, projections, inventory flow, and seasonal sell-off plans
Develop projections and inventory flow for key items and collections
Analyze and assess the sales performance of assigned product categories; revise in-season plans accordingly to maximize sales and profitability
Partner with the Allocation team to develop and implement seasonal strategies according to region, climate, and other associated variables
Routinely present recommendations and other analysis to senior leadership and executive management related to driving short and long-term business goals including hind-sights, color/pattern selling, etc.
Provide support, guidance, and sign-off to any merchandise plans developed by the Associate Planner
Knowledge, Skills, and Qualifications:
Must have a BABS degree; Finance, Operations, Retail Management, Business Management or an analytical focus is strongly preferred
Must have 5-7 years of experience in retail merchandise planning; 2-3 year of experience in a lead or supervisory role is preferred
Intermediate proficiency in Microsoft Excel required, including v-lookups, pivot tables, and basic macros; Must be able to manipulate large quantities of data in Microsoft Excel to drive business decisions
Must have excellent time-management and organization skills
Must be able to effectively communicate, written and orally, with all levels of employees
Working knowledge of retail math, including return on investments, gross margin, initial markup, etc. is essential
At Forever 21, style isn’t dictated…It’s inspired. Forever 21 is the leading fashion retailer of the latest trends and the season’s hottest styles at can’t-resist-prices. U.S. and international locations stay true to the fast-fashion destination’s iconic store aesthetic giving fashion fans all over the globe the unforgettable shopping experience that is the one and only Forever 21.
Joining the Forever 21 family means joining an incredible team of talented, passionate and innovative people who work together to bring fashion to everyone, everywhere. We’re always on the lookout for talented individuals eager to thrive in our fast-paced, dynamic environment filled with vast opportunities for career growth and development. This is a place where your ideas become actualized, creativity is encouraged and the possibilities are endless. Be part of something epic. Be part of Forever 21. Apply today!
Forever 21 will consider qualified applicants with criminal histories for employment in a manner consistent with the requirements of the Los Angeles Fair Chance Initiative for Hiring, Ordinance NO. 184652.