Family Dollar
retail
MerchandisePlanner
Neural analysis suggests this role is
optimal for Mid candidates.
“Merchandise Planner at Family Dollar. Skills: Strategic Financial Plans, Weekly Business Management, Strategic Monthly Forecast Review, Assortment Planning, Manage Business. Develops, executes and communicates strategic merchandise financial plans that support the company’s financial, product, and marketing. Driving top line financial plans for a book of business from a category to class/season”
What You'll Achieve.
support the company’s financial, product, and marketing; driving top line financial plans; maximize sales and margin; optimizing; support annual goals; develop sales, gross margin and inventory plans that support the categories and company’s financial goals; ensure product assortment meet the financial goals; achieve financial goals; address issues and opportunities; fit within the financial; limit liabilities; maximizing profit; optimizing inventory; managing risk; exploit business prospects; align on all financial revisions; ensure alignment to monthly changes; support the development of the assortment; understand prior performance; Set sales, margin, flow, and IMU goals; ensure appropriate breadth and depth and flawless execution; ensure that plans support product goals; achieve financial goals through active management of the business; limit risk and capitalize on opportunities
Industry & Context.
problem-solving and decision-making skill set; Identify opportunities and risks; 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; Review forecasts with a focus on maximizing profit, optimizing inventory, and managing risk; Identify risks and opportunities relative to product, flow, and presentation; Be proactive in identifying risk and opportunities in a timely; 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 that support the company’s financial
Driving top line financial plans for a book of business from a category to class/season
Strategically managing the business in order to maximize sales and margin
Develops and contributes to the development of company initiatives and ensures that all planning activities support annual goals
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
current trends and strategy to identify risk and opportunity to achieve financial goals
maintain and communicate assumptions used to in creating the plan architecture
Identify opportunities and risks relative to sales
and inventory develop action plans to address issues and opportunities
Manage the markdown process and collaborate with cross-functional partners to ensure that markdowns fit within the financial
Identify Markdown risks and recommend strategies to limit liabilities
Develop ad hoc projections that simulate different business decisions
Review forecasts with a focus on maximizing profit
and managing risk across divisions
Incorporate marketing
and inventory management plans to exploit business prospects
Review and meet with merchant team to align on all financial revisions
Work collaboratively with cross-functional partners to ensure alignment to monthly changes
Communicate clearly and effectively updates and action plans
Create pre-season category plans to support the development of the assortment
Review historical data at cluster
category and key item level to understand prior performance
and IMU goals prior to the planning of each
Reconcile tops down and bottom up forecasts prior to the passing of receipts to the merchant organization
Participate in buy review with merchants
planners and allocators to ensure appropriate breadth and depth and flawless execution
Collaborate with lead merchants to ensure that plans support product goals
Lead and facilitate buy finalization meeting with review pre-season plans that support new
Identify risks and opportunities relative to product
Gain consensus on assortment and plans from
Manage the locking process for seasonal forecast
Source plans to validate key metrics
Partner with merchandising and other cross-functional teams to achieve financial goals through active management of the business
Be proactive in identifying risk and opportunities in a timely
Develop action plans to limit risk and capitalize on opportunities
How You'll Work.
Team & Collaboration
Alignment with merchants; collaborate with cross-functional partners; Work collaboratively with cross-functional partners; Participate in buy review with merchants, planners and allocators; Collaborate with lead merchants; Gain consensus on assortment and plans from; 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
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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