Vacancy expired!
Responsible for developing, executing, and communicating strategic merchandise plans that support the financial objectives of the corporation. Partner with the Merchant to identify opportunities and risks, and to develop strategies that mitigate risks and capitalize opportunities. Ensure inventory in stores is at an optimum level. Responsible for managing the Open-to-Buy (OTB) forecasts.ESSENTIAL DUTIES AND RESPONSIBILITIES include the following. Other duties may be assigned.
Partner with the Merchant to develop and execute financial plans consisting of sales, inventory, receipts, gross margin, and GMROI for an assigned category and brand
Present OTB, plans, and financial strategies to Leadership
Work with the Merchant on SKU optimization to maximize sales and minimize duplication of styling
Execute product financial strategy for new, core, sell down, and clearance merchandise
Manage OTB weekly and run monthly OTB meetings with strategic recommendations on the business
Provide financial strategy to determine optimal planogram layout
Develop sku level sales and inventory plans and forecasts for an assigned category and brand
Manage the replenishment for all specified product, including monitoring and adjusting variables (stock re-balancing, return-to-vendor projects, and ideal distribution center inventory levels) to meet store needs and maximize inventory productivity (e.g. targeted in-stock level)
Ensure that sufficient quantities of advertised product are in stock on a per store basis
Indentify risks and opportunities by sku and work with a cross functional team to develop strategies that optimize the business
Set up model stocks for new skus and manage the store allocation
SUPERVISORY RESPONSIBILITIESThis position carries out supervisory responsibilities in accordance with Zale Corporation guidelines, policies and procedures and applicable laws. Supervisory responsibilities include interviewing, hiring, and training employees; planning, assigning and directing work; appraising performance; rewarding and disciplining employees; addressing complaints and resolving problems.
May supervise Assistant Merchandise Planner(s)
QUALIFICATIONSTo perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Excellent analytical skills
Proficient in Word, Excel, and Access with ability to quickly learn other software (Arthur, E3, Business Objects, etc.)
Strong interpersonal and presentation skills
Detail oriented
Strong organizational and multi-tasking skills
EDUCATION and/or EXPERIENCE
Bachelor’s degree in Merchandising, Marketing, Business, or related area
Minimum of 2-4 years of merchandise or retail experience preferred
Non-degreed candidates considered if the candidate has an extensive background in retail merchandising, or as an Assistant Buyer, Assistant Merchandise Planner, or Associate Buyer
PHYSICAL DEMANDSThe physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Must be able to sit and use a computer for extended periods
WORK ENVIRONMENT The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
General office conditions
Employee Contract TypeAt Signet, we are a people Company. Our Mission "Celebrate Life, Express Love.®" and our Core Values guide how we treat customers and all Team Members.We're ONE Company, proud of our rich heritage, international presence, marketing leadership through our successful retail brands, and well planned vision for continued growth and success.Our shared commitment to continually improve and to work hard for our customers and one another creates opportunity for each of us.
Vacancy expired!