Job Description

The role of the Off-Price Planner is to maximize gross margin dollars & inventory productivity by providing the overall financial direction of a category or department(s). The Off-Price Planner is accountable for the development and implementation of merchandise plans by focusing on inventory, clearance, and opportunistic buys. Off-Price Planners are primarily responsible for developing seasonal merchandise financial plans, pricing strategies and assortment optimization. Off-Price Planners also work with Buyers in assortment and buy planning by facilitating layering of assortments and validating the profitability of purchases. In-season, Off-Price Planners provide in-depth analysis of product performance and make recommendations to maximize business opportunities. The Off-Price Planner will forecast sales and stock needs by monitoring inventory and establishing pricing and discount strategies.

Essential Functions:

Develop and execute merchandise financial plans that support the merchandise strategies while achieving corporate financial goals both for the short term (seasonal) and long term (multi-year).

Develop inventory plans that deliver quick product turnover without long-term commitment while adjusting strategies based on market fluctuation and inventory availability.

Optimize profitability by setting competitive price points in a highly competitive market

Analyzes business to the lowest level to identify opportunities in sales, inventory and margin by store, department, and class

Develop the assortment plan and the initial buy plan through use of hind sighting and profitability tools

Lead Monthly Forecast process to manage business in season and maximize opportunities through product lifecycle management

Leverages open-to-buy process to manage business in-season and maximize opportunities

Collaborate with Buying Partner and Allocation Team to reconcile merchandise and by-door strategies with store level opportunities

Build and maintain strong relationships with Buying Partner and vendors, while building a presence with new and existing vendors within the outlets and company

Travels to all necessary work related trips, i.e. markets and store trips

Requires designated hybrid in-office work schedule

Education:

Bachelor's degree or equivalent years of comparable experience preferred

Work Experience:

Works effectively with staff and Divisional/BSS management to achieve sound financial and merchandising solutions based on analysis, input and experience

4-6 years retail experience required

1-3 years merchandise or financial planning required

Knowledge, Skills & Abilities:

Ability to work in a fluid, fast paced environment

Demonstrates strong analytical and problem solving skills

Highly organized and able to multitask

Builds and maintains productive relationships with peers, merchant team and allocation team

Demonstrates leadership and decision-making skills

Takes calculated risks to achieve result

Demonstrates strong listening, written and oral communication skills

Analyzes business to adapt to unpredictable stock levels and opportunistic buys

Reacts to business trends in a timely and efficient manner

Adapts to shifting circumstances in a business environment

Able to translate strategy into tactical, well-developed financial plans

Able to think strategically and provide financial direction for future business opportunities

Maintains professionalism in work relationships and habits

Develops creative solutions to business issues

Communicates effectively with stores and vendors

Proficient in Excel and Microsoft office suite of products and business related software



Pay Range

$90,000 - $155,000

Reflected is the base pay range offered for this position. Pay may vary depending on factors including but not limited to achievements, skills, experience, or work location. The range listed is just one component of the compensation package offered to candidates.



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