Family Dollar Stores · 3 days ago
Merchandise Planner
Chesapeake, VA
Full-time
Onsite
Mid Level
4+ years expFamily Dollar Stores is seeking a Merchandise Planner who will develop and execute strategic merchandise financial plans to support the company’s financial, product, and marketing objectives. The role involves managing financial plans, optimizing inventory, and collaborating with cross-functional teams to maximize sales and margin.
Retail
Hiring Manager
Ashley Langdon
Responsibilities
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
Use historical data, current trends and strategy to identify risk and opportunity to achieve financial goals
Create, maintain and communicate assumptions used to in creating the plan architecture
Identify opportunities and risks relative to sales, margin, and inventory productivity; 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 plan; 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 across divisions. Incorporate marketing, markdown, 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
Set sales, margin, flow, and IMU goals prior to the planning of each delivery; 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 merchant; review pre-season plans that support new assortment; identify risks and opportunities relative to product, flow, and presentation
Gain consensus on assortment and plans from management; manage the locking process for seasonal plans; forecast seasonal and 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 manner; develop action plans to limit risk and capitalize on opportunities Other duties as assigned
Qualification
Required
Bachelor's Degree from a four-year college or university preferred; advanced degree a plus
Four or more years of related experience in an analyst or planner role. This should include prior experience in the retail industry
Well-developed written and verbal communication skills including the ability to present complex material in an organized and compelling manner
Ability to influence and negotiate at a variety of levels
Strong problem-solving and decision-making skill set
Well-versed in planning systems as well as advanced Microsoft Windows applications
Strong knowledge of financial theory is required
Preferred
Experience with EP and Micro Strategy preferred
Company
Family Dollar Stores
Family Dollar Stores is a retail company based out of 221 S MAIN ST, Frederick, Oklahoma, United States.
Frederick, Oklahoma, us
2-10 employeesFunding
Current Stage
Early StageCompany data provided by crunchbase