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REI · 18 hours ago

Forecast Analyst

Seattle, WA

Full-time

Onsite

Entry, Mid Level

$74K/yr - $119K/yr

2+ years exp

REI Co-op is united in finding better ways to work, aiming to help people find and enjoy the outdoors. The Forecast Analyst role is crucial for creating seasonal forecasts, managing product inventory, and maintaining strong vendor relationships to support the company's financial goals.

ApparelConsumer GoodsE-CommerceFashionManufacturingOutdoorsRetailSporting GoodsSports

Responsibilities

Owns creation of seasonal forecasts for product demand based on research and input from Merchant Product partners

Partner with the Category Planning Manager (CPM) to reconcile category forecasts with seasonal financial plans. Ensure goals are achievable and present the plan to department leadership

Examines and acts on product trends and performance with a forward-looking mindset to deliver sales

Ability to apply sound financial actions to a product strategy to deliver growth

Manages product inventory flow in-season & pre-season to achieve performance goals

Initiates and manages purchase orders

Drives vendor accountability for delivery accuracy and timeliness and negotiates to achieve profitability goals

Manages markdown planning and product end-of-lifecycle recommendations

Uses proven communication skills to engage and challenge others for the achievement of business goals

Provides insights and feedback to Merchant Product & Planning partners to influence better Assortment Planning

Provides ad-hoc examination and reporting to support business needs as a category specialist

Partners with Merchandising Data Specialist & Assistant Category Merchant to manage open orders

Partners with Replenishment Analyst on funding & prioritizing In Season item reactions

Pursue self-development through work with your Manager, training and networking with other FAs

Develop change management skills to thrive in an expanding work environment

Take part in in cross-functional project opportunities to gain co-op wide perspective

Qualification

Merchandising experienceForecastingMicrosoft ExcelMerchandising math methodsCommunication skills

Required

Minimum 2 years merchandising experience

Bachelor's Degree

Familiarity and interest in REI products, activities and services

PC proficiency in Microsoft Windows, Office: Excel, Word, Outlook, Explorer

Experience with product trend and inventory examination forecasting acquisition allocation and management for multiple stores and digital sales

Knowledge and effective execution of merchandising math methods; open to buy, initial mark-up, gross margin, markdowns, shrink, damages, inventory turnover

Uses excellent communication skills, business sense, creative thinking, and good judgment to solve problems or find business opportunities