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Form of workJob Description
Lamps Plus is looking for a Merchandise Plannerto take plan ownership and analyze Omni-channel historical data and current trend data to identify risks and opportunities; inventory levels compare to sales data of the planned segments to company targets and provide action plans to reconcile deviations. This position will also manage a Replenishment & Allocation Analyst, in addition to the sales and inventory at segment level and ensure that the merchandise, sales and KPI targets will be met on a monthly, quarterly, and annual basis.
Responsibilities:
- Analyze historical data and trends to develop category, ladder, and product-level inventory plans supporting company objectives.
- Monitor inventory positions to identify opportunities for reorders, markdowns, turnover and margin optimization.
- Collaborate with the Buying Team to manage inventory reconciliation on an ongoing basis as well as recurring OTB and reporting metric reviews.
- Monitor sales channel performance and report performance based KPIs regularly.
- Maintain SKU-level forecasts and coordinate product purchase needs with the Replenishment & Allocation Analyst.
- Collaborate with the Retail Merchants team to ensure consistency of information and share best practices.
- Generate New and Test Purchase Requests.
- Support inventory management between retail, e-commerce, and wholesale channels.
- Identify opportunities for process improvement.
- Support the Retail Operations and Supply Chain teams with other duties as needed.
- Partner with the Director of Planning and Merchants to provide ongoing strategic direction.
- Develop annual financial budgets and in-season forecasts by Department/Class/Brand.
- Provide mentoring, training, and coaching to Replenishment & Allocation Analyst.
- Review financial analysis and deliverables from the team, providing direction and feedback as necessary.
- Impact and optimize merchandise assortment plan through segmentation, brand, category, and trend analysis.
- Equip the Buying Team with necessary data and analysis for vendor negotiations.
- Ensure proper breadth and depth in merchandise assortment and alignment with replenishment model expectations
What You Bring to the Table:
- 2+ years of quantitative analytical experience with a proven track record of achieving successful results.
- Solid experience with designing and building Excel spreadsheet models.
- Bachelor’s Degree or Master’s Degree required.
- Strong aptitude with numbers and clear understanding of retail math.
- Strong organizational skills - ability to manage multiple projects, prioritize, and meet deadlines.
- Ability to communicate persuasively, influentially, and responsibly across cross-functional teams.
- Excels in team environments and in building / developing strong interpersonal relationships, while maintaining an individual determination to accomplish goals.
- Ability to demonstrate logical thinking and problem-solving skills multi-tasking, time management, self-motivation, persistence, and takes full ownership of their success.
- Advanced knowledge and understanding of Microsoft Excel and Office Suite
- SQL experience a plus
What’s in it for You:
- Medical, Dental, Vision
- Dependent Care Flexible Spending Account, Flexible Spending Account, Health Reimbursement Account, and Employee Assistance Program
- Paid time off, 401(k), Sponsored/Voluntary life and AD&D
- Voluntary Short/Long-Term Disability and Voluntary Accident Insurance
- Voluntary Pet Insurance
- Voluntary Critical Illness, Voluntary Hospital Indemnity
- Commuter Benefits
- Employee Discounts and Recreation Discounts
- Ongoing professional development training, career advancement opportunities and more!
Who we are:
- Great Things Happen Here!
- We Believe in Helping People Create the Homes of Their Dreams
- Housewares/Home Furnishings retailer by Digital Commerce 360
- Ongoing career growth opportunities and competitive benefits package
- 1000s of exclusive products designed and manufactured by in-house teams
