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SalaryWho We Are:
Since 1906, New Balance has empowered people through sport and craftsmanship to create positive change in communities around the world. We innovate fearlessly, guided by our core values and driven by the belief that conventions were meant to be challenged. We foster a culture in which every associate feels welcomed and respected, where leaders and creatives are inspired to shape the world of tomorrow by taking bold action today. At New Balance, We Got Now.
Who We Are:
Since 1906, New Balance has empowered people through sport and craftsmanship to create positive change in communities around the world. We innovate fearlessly, guided by our core values and driven by the belief that conventions were meant to be challenged. We foster a culture in which every associate feels welcomed and respected, where leaders and creatives are inspired to shape the world of tomorrow by taking bold action today. At New Balance, We Got Now.
Job Mission:
The New Balance eCommerce Assistant Planner is responsible for supporting the Planning Manager in developing the newbalance.com Pre-Season and In-Season financial plans and providing essential reporting, insights, and analysis to support the business, unlock opportunities and increase productivity.
This role will support a collaborative planning process looking at all aspects of the digital business to draw conclusions and provide data driven recommendations to the Planning Manager and Merchant teams.
To be successful in this role, the ideal candidate would possess a desire to learn new ideas/concepts regularly, want to learn analytics and how to use them to influence business decisions, have an ability to work independently as well as cross functionally with many teams and perform in a digital environment with strict attention to detail.
This role reports into the Planning Manager and is part of the North American eCommerce team.
Major Accountabilities:
- Analyze and recap sales, margin and inventory performance vs. budget, forecast, and last year to identify risks and opportunities; recap key insights and partner with cross-functional teams to align on actions to drive the business and impact future strategic decisions.
- Support the Planning Manager in creating preseason plans and in-season forecasts for sales, margin and inventory, at an annual, monthly, and weekly level by category that support brand and product strategies utilizing historical data, product plans, site activity and market trends.
- Assist in the execution of plan and forecast updates in necessary tools.
- Establish, review and update style-level plans based on current forecast, historic trend and test information for key items or attributes.
- Efficiently manage inventory levels needed to support sales with consideration for sell-through percent, WOS, and planned product life span. Fully understand the life cycle of product (Core, Seasonal, Energy) and ensure the right stock levels by product designation. Communicate regularly with cross-functional teams regarding inventory needs or overstocks and provide information around trend and future selling activities.
- Develop and maintain effective working relationships with members of cross functional team. (Buying, Merchandising, Site Experience & Operations, Marketing, Sales Operations)
- Understand site and consumer analytics and utilize within analysis and planning processes.
- Collaborate with peers to ensure consistency of information, share best practices and develop systems knowledge.
- Partner with cross-functional team on key initiatives and develop adhoc reporting where needed including reporting on sales activities, category, model, sizing etc. Provide insight and recommendations and be prepared to communicate findings effectively.
Requirements for Success:
- Bachelor’s Degree and minimum of 2 years of relevant experience in buying, planning & inventory, site analytics, consulting or finance.
- Strong Financial, Analytical and Retail Math Acumen and desire to improve to Expert level.
- Proficient PC skills, including MS Office Suite and advanced Excel skills.
- Interest in Adobe or Google Analytics.
- Aptitude to analyze discrete data to identify trends, issues and opportunities.
- Ability to demonstrate critical thinking and problem-solving skills.
- Strong communication skills, both written and verbal.
- Proactive, “can-do” attitude is a must.
Regular Associate Benefits
Our products are only as good as the people we hire, so we make sure to hire the best and treat them accordingly. New Balance offers a comprehensive traditional benefits package including three options for medical insurance as well as dental, vision, life insurance and 401K. We also proudly offer a slate of more nontraditional perks – opportunities like online learning and development courses, tuition reimbursement, $100 monthly student loan support and various mentorship programs – that encourage our associates to grow personally as they develop professionally. You’ll also enjoy a yearly $1,000 lifestyle reimbursement, 4 weeks of vacations, 12 holidays and generous parental leave, because work-life balance is more than just a buzzword – it’s part of our culture.
Temporary associates are provided three options for medical insurance as well as dental and vision insurance and an associate discount.
Part time associates are provided 401k, short term disability, a yearly $300 lifestyle reimbursement and an associate discount.
Flexible Work Schedule
For decades we have fostered a unique culture founded on our values with a particular focus on in-person teamwork and collaboration. Our North American hybrid model encourages rich in-person experiences, showcasing our commitment to teamwork and connection, while maintaining flexibility for associates. New Balance Associates currently work in office three days per week (Tuesday, Wednesday, and Thursday). Our offices are fully open, and amenities are available across our North American office locations. To continue our focus on hybrid work we have introduced “Work from Anywhere” (WFA) for four weeks per calendar year. This model will help us enhance our culture while continuing to maintain elements of flexibility.
Equal Opportunity Employer
New Balance provides equal opportunities for all current and prospective associates and takes affirmative action to ensure that employment, training, compensation, transfer, promotion and other terms, conditions and privileges of employment are provided without regard to race, color, religion, national origin, sex, sexual orientation, gender identity, age, handicap, genetic information and/or status as an Armed Forces service medal veteran, recently separated veteran, qualified disabled veteran or other protected veteran.
