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Inventory Planner

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The Inventory Management Analyst assists in the development, execution and communication of merchandise financial plans and strategies that support the merchandising, marketing, and financial objectives of a division/department.


Business & Finances:

•Assist in managing the financial success of adivision/department or class by meeting sales, gross margin and inventory productivity goals.
•Analyze historical data and current trends. Identify risks and opportunities by division/department or class and solicit ideas for issue resolution.
•Participate in formulation of pre-season strategy with merchant and planner.
* Partner with Inventory Planner in creating pre-season financial sales and inventory plans by department, classes and/or style.
* Participate in reconciliation of top-down to bottom-up plans.
* Recap and review actual sales performance weekly/monthly to plan.
* Re-project in-season sales and inventories on a weekly/monthly basis.
* Partner with planner to identify risks/opportunities and develop action plans to achieve financial goals (open to buy).
* Re-forecast sales and manage inventory for all basic styles to meet financial goals.
* Partner with planner in managing division level markdowns and strategies.

Customers & Markets

•Participate in meetings with knowledge of prepared materials.
•Communicate financial results to manager and cross-functional team on a weekly basis.

Managing & Operating Practices

•Able to build and maintain productive relationships with planning and cross-functional teams

Leadership & Employees

•Provide manager and planner with timely feedback on personal developmental and training needs.
•Actively participate in company sponsored planner training programs.


Knowledge, Skills & Abilities:

* Ability to organize and prioritize workload to meet deadlines
* Demonstrates logical analysis and problem solving skills
* Possesses an ability to understand financial measurements and how to impact them
* Demonstrates strong listening, written and oral communication skills
* Able to build and maintain productive relationships
* Technology proficiency, including the ability or aptitude to learn technical applications
* Proficient in Microsoft Excel

Minimum Educational Level:
* Bachelor’s degree or equivalent experience required

* 1-2 years analytical experience, preferably in a specialty retail environment
* eCommerce experience strongly preferred

Physical Requirements:
* Must be able to operate a computer

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