Merchandise Planner

$95,000 - $100,000/Yr

Theory Agency - New York, NY

Full-time - Mid Level

New York, NY

251-500 employees

Food Services and Drinking Places

About the position

The Merchandise Planner at Theory is responsible for building financial sales, gross margin, and inventory plans for multiple departments at an item level. This role involves managing merchandise inventory positions and markdown strategies to drive sales and profitability. The Merchandise Planner will also provide in-season financial projections and strategies while identifying risks and opportunities to maximize profits.

Responsibilities

• Lead annual and seasonal planning processes, including assortment planning, inventory allocation, and sales forecasting for the Theory Full price retail and merchandise businesses.
• Create preseason sales, margin, and inventory plans by style and color to achieve company targets.
• Establish and monitor key performance metrics in season, providing regular performance analysis and actionable recommendations to drive business results.
• Oversee the Allocation team, developing inventory strategies that align with the sales and profitability goals of each store.
• Develop and implement markdown strategies to maximize product sell-through and profitability.
• Collaborate with cross-functional teams, including Merchandising, Marketing, Production, Store Management, Operations, and Finance to align planning efforts with overall business goals.
• Utilize data analytics to identify opportunities and risks, informing decision-making and continuous improvement.
• Drive process efficiencies and standardization within the planning function to enhance productivity and accuracy.
• Streamline reporting to allow for improved business analysis and identification of risks and opportunities.

Requirements

• 4+ years of experience in Merchandise Planning
• Bachelor's Degree in Finance, Business, Merchandising or related field
• High level of experience and proficiency in Excel
• Excellent problem-solving and analytical skills
• Mathematical proficiency with strong business and financial acumen
• Superior written and verbal communication skills to effectively communicate across all levels of management
• Strong sense of teamwork to coordinate with many cross-functional partners
• High degree of accountability and attention to detail
• Ability to flex across shifting priorities
• Strong sense of urgency and accuracy

Benefits

• Competitive salary range of $95,000-$100,000
• Equal Opportunity Employer commitment
• Support for a diverse and inclusive workplace