Family Dollar
retail
MerchandisePlanner
Neural analysis suggests this role is
optimal for Mid candidates.
“Merchandise Planner at Family Dollar. Skills: Strategic merchandise financial plans, Maximize sales and margin, Optimizing inventory, Financial goals, Risk and opportunity identification, Markdown management, Forecasting, Assortment planning. Develops, executes and communicates strategic merchandise financial plans. Driving top line financial plans for a book of business”
What You'll Achieve.
Support the company’s financial, product, and marketing objectives; Maximize sales and margin; Optimize inventory; Support annual goals; Achieve financial goals; Maximize profit; Optimize inventory; Manage risk; Exploit business prospects; Support the development of the assortment; Ensure appropriate breadth and depth and flawless execution; Ensure that plans support product goals; Achieve financial goals
Industry & Context.
Identify risk and opportunity; Develop action plans to address issues and opportunities; Identify Markdown risks and recommend strategies to limit liabilities; Develop ad hoc projections that simulate different business decisions; Identify opportunities and risks relative to product, flow, and presentation; Develop action plans to limit risk and capitalize on opportunities
Office work environment, 40+ work hours per week
What They're Looking For.
Must Have
Four or more years of related experience in an analyst or planner role, Prior experience in the retail industry, Knowledge of financial theory is required
Nice to Have
advanced degree a plus, Experience with EP and Micro Strategy preferred
What You'll Do.
executes and communicates strategic merchandise financial plans
Driving top line financial plans for a book of business
Strategically managing the business in order to maximize sales and margin
and optimizing inventory
Develops and contributes to the development of company initiatives
Ensures that all planning activities support annual goals
gross margin and inventory plans
Identify opportunities and risks relative to sales
Manage the markdown process
Develop ad hoc projections
Review forecasts with a focus on maximizing profit
Create pre-season category plans
Review historical data
Reconcile tops down and bottom up forecasts
Participate in buy review
Manage the locking process for seasonal forecast
Partner with merchandising and other cross-functional teams to achieve financial goals
Be proactive in identifying risk and opportunities
How You'll Work.
Team & Collaboration
Alignment with merchants; Collaborate with cross-functional partners; Work collaboratively with cross-functional partners; Meet with merchant team; Participate in buy review with merchants, planners and allocators; Collaborate with lead merchants; Gain consensus on assortment and plans from management; Partner with merchandising and other cross-functional teams
Communication Scope
Well-developed written and verbal communication skills; ability to present complex material in an organized and compelling; Communicate clearly and effectively updates and action plans
Process & Methodology
Develops, executes and communicates strategic merchandise financial plans, Develops and contributes to the development of company initiatives, Ensures that all planning activities support annual goals, Create, maintain and communicate assumptions used to in creating the plan architecture, Develop ad hoc projections that simulate different business decisions, Manage the locking process for seasonal forecast
Full Job Description
**General Summary:** The Merchandise Planner develops, executes and communicates strategic merchandise financial plans that support the company’s financial, product, and marketing objectives; responsible for driving top line financial plans for a book of business from a category to class/season level; strategically managing the business in order to maximize sales and margin, and optimizing inventory; develops and contributes to the development of company initiatives and ensures that all planning activities support annual goals. **Principal Duties & Responsibilities:** **Strategic Financial Plans** 1\. At a category/class/season level develop sales, gross margin and inventory plans that support the categories and company’s financial goals. Alignment with merchants to ensure product assortment meet the financial goals. 2\. Use historical data, current trends and strategy to identify risk and opportunity to achieve financial goals. 3\. Create, maintain and communicate assumptions used to in creating the plan architecture **Weekly Business Management** 1\. Identify opportunities and risks relative to sales, margin, and inventory productivity; develop action plans to address issues and opportunities 2\. Manage the markdown process and collaborate with cross-functional partners to ensure that markdowns fit within the financial plan; identify Markdown risks and recommend strategies to limit liabilities. 3\. Develop ad hoc projections that simulate different business decisions **Strategic Monthly Forecast Review** 1\. Review forecasts with a focus on maximizing profit, optimizing inventory, and managing risk across divisions. Incorporate marketing, markdown, and inventory management plans to exploit business prospects. 2\. Review and meet with merchant team to align on all financial revisions Work collaboratively with cross-functional partners to ensure alignment to monthly changes 3\. Communicate clearly and effectively updates and action plans **Assortment Planning** 1\.
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