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SalaryYour Role:
The Merchandise Planner will have a hybrid role with responsibilities across two main functions: Merchandise Planning (70%) and Deployment (30%). The primary focus will be translating the Merchant vision into viable plans and profitable results that tie to financial targets provided. Additional responsibility to include allocating focused assortments to stores. Strong cross-functional relationships will be key in this role.
Why You Belong Here:
At Victoria’s Secret, we acknowledge your value. We recognize that every associate has something unique to add to our brand and business. We strive to recruit, retain, and advance diverse talent that reflects the customers we serve and the communities where we live and work. We foster a culture where everyone belongs because we know our business thrives most when we look for, listen to, and amplify diversity, equity, and inclusion.
We place the customer at the heart of everything we do. We dream big, embrace curiosity and creativity while always learning from our mistakes. We lead with integrity, trust, and respect to achieve the best outcomes as one team.
Your Impact:
Planning (70%)
- Pre-Season: Connect statistical analysis, assortment architecture, and merchant vision into a pre-season view of merchandise plans that align with higher level budget
- In-Season: Analyze and reflect current sales trends within monthly planning committee (MPC); manage inventory within Open-to-Buy by proposing pull-forward, push-out, chase, cancels as needed
- Collaborate with merchant on strategies to maximize sales and margin for both pre-season and in-season
- Manage receipts to budget by scrutinizing buys with a focus on optimal inventory turn, while taking into consideration individual brand calendars and flow of newness
- Partner with brands and merchants to execute promotional and liquidation (markdown) strategies
- Provide ad hoc analysis of various topics to identify wins/opportunities that will drive future growth; share back with leaders during formal hindsight
Deployment (30%)
- Allocate limited edition assortments to a dedicated group of stores, aligning with emerging business growth plan
Click here for benefit details related to this position.
Maximum Salary: $112,665.00
VS&Co provides a range of compensation for this role as shown. Your actual salary will be determined by a number of factors, including: your specific skills and experience, geographic region, or other relevant factors.
Your Experience:
- Bachelor’s Degree in Business, Finance, Operations or Statistics. Advanced degree in quantitative analysis, finance or business administration preferred
- 3 - 7 years of experience in retail merchandise planning, inventory management, financial planning or financial analysis required; direct and/or third-party planning experience is a plus
- Strong numbers aptitude (statistical/accounting experience)
- Proficient with forecasting methodologies and statistical modeling
Additional Preferred Experience:
- Direct and/or third-party planning experience is a plus
- Strong numbers aptitude (statistical/accounting experience)
- Proficient with forecasting methodologies and statistical modeling
- Strong written and verbal communication skills as well as presentation skills: concisely presents complex information/recommendations in terms meaningful to various audiences
- Ability to advance to high levels of computer literacy; exposure to relevant planning, finance, analytical, data management systems: Microsoft Office Suite; Excel Add-In; Enterprise Planning; and Microstrategy
- Analytical thinker and self-motivated problem solver
- Adapts to situational demands, flexible and capable of managing competing priorities
- Impeccable organizational skills, ability to multitask
- Keen attention to detail and accuracy
- Highly collaborative team player
An equal opportunity employer, we do not discriminate in hiring or terms and conditions of employment because of an individual's race, color, religion, gender, gender identity, national origin, citizenship, age, disability, sexual orientation, marital status or any other protected category recognized by state, federal or local laws. We only hire individuals authorized for employment in the United States.
