Retail Planner
About the position The Retail Planner is responsible for driving sales, optimizing inventory, and maximizing profitability through strategic planning, forecasting, and allocation of apparel products across retail and e-commerce channels. This role requires a deep understanding of retail trends, consumer behavior, and apparel product cycles, as well as strong analytical and collaboration skills.
Responsibilities
- Build and maintain ladder plans.
- Develop and execute seasonal and annual merchandise financial plans, including sales, gross margin, and inventory.
- Analyze historical data, market trends, and current business performance to forecast demand and inform buying strategies.
- Partner with merchandising teams to create assortment plans that align with brand and financial objectives.
- Monitor and manage inventory levels to ensure optimal stock levels across stores and channels.
- Identify opportunities to improve inventory turn and minimize markdowns while maximizing sell-through.
- Collaborate with supply chain teams to ensure timely product delivery and replenishment.
- Leverage Walmart Scintilla platform’s Channel Performance, Shopper Behavior, and Customer Perception modules to provide actionable insights through sales, margin, and inventory performance analysis.
- Utilize Target’s Partners Online platform and Meijer’s VendorNet platforms to retrieve and report on KPI’s and develop suggested actions with those customers.
- Prepare and present weekly, monthly, and seasonal performance reports to cross-functional teams.
- Utilize data to identify risks and opportunities, recommending adjustments to forecasts and strategies.
- Partner with customer buying, planning, replenishment, supply chain teams to align on inventory flow quantity and timing to support sales budgets.
- Align with internal production, DC Operations to understand product lead times and manage supply chain challenges.
- Collaboration with sales teams to ensure cohesive internal financial plans.
- Work with sales teams through leveraging of accounts internal platforms to provide KPI’s and insights for category line reviews.
- Leverage planning and analytics tools (e.g., SAP, Excel, Scintilla) to streamline processes and drive decision-making.
- Stay updated on industry best practices and emerging technologies in planning and analytics.
Requirements
- Bachelor’s degree in Business, Merchandising, Finance, related field or equivalent work experience.
- 1-3 years of planning or replenishment experience in apparel or fashion preferred.
- Strong understanding of retail math, inventory management, and merchandise planning processes.
- Exceptional analytical skills with the ability to translate data into actionable strategies.
- Proficiency in Excel and familiarity with planning tools.
- Knowledge of Target Partners Online and Meijer VendorNet systems preferred but not required.
- Excellent communication and presentation skills.
- Strong organizational skills and ability to manage multiple priorities in a fast-paced environment.
- A collaborative mindset and ability to work cross-functionally.
Nice-to-haves
- Knowledge of Target Partners Online and Meijer VendorNet systems preferred but not required.
Benefits
- Competitive Pay
- Health and Wellness programs and offerings
- Time away from work
- Growth and Development opportunities
- Financial planning and wellbeing programs
- Access to benefits, programs and education to help employees protect income, pay for expenses and invest in the future
- Generous 401(k) match
- Generous discounts to our company and related companies