Macys Jobs – Merchandise Planning Associate

Website Macy’s

Job Description:

The Associate, Merchandise Planning is responsible for setting financial targets for sales, margin, and receipts by channel and department. Associates will drive bottom-up merchandise financial plans that align with Buyer’s category strategies.

Job Responsibilities:

  • Understand the current inventory level and evaluate ROF based on BOM, receipts, and EOM plan.
  • Gather input from Buyers and Inventory Managers to maintain weekly inventory forecast, including vendor-specific shipping updates.
  • Develop action plans with buyers to achieve financial targets.
  • Evaluate opportunities and risks of adjusting core parameters, allocations, markdowns and promotions in order to achieve sales margin, and inventory objectives.
  • Partner with Buyers to develop a monthly Department-level bottom-up build with a focus on sales, margin, and turn consistent with the category strategy.
  • Supports assigning stores to division/department volume clusters.
  • Manage department-level OTB in partnership with Buyers.
  • Translate top-down GFOB & Division financial targets to Department-level.
  • Develop in season Rolling Operating Forecast for sales, margin, and inventory.
  • Build and maintain store clusters at Department level and above to tie back to financial plans.
  • Review business performance by channel, focusing on highlights and opportunities.

Job Requirements:

  • Ability to think creatively, strategically and technically
  • Bachelor’s Degree from a 4-year college or university
  • Inventory optimization.
  • ROF/OTB management.
  • Practices open and continuous communication, values keeping others informed, effectively presenting information in a clear, concise manner.
  • Forecasting analysis.
  • 3-5 years direct experience
  • 4+ years in Financial or Merchandise Planning
  • Excellent leadership, facilitation, and interpersonal skills, with the ability to work across functional lines and at many levels.
  • Financial acumen.
  • Ability to work a flexible schedule based on department and Company needs.
  • Ability to identify and quantify risks and opportunities.

Job Details:

Company: Macy’s

Vacancy Type: Full Time

Job Location: New York, NY, US

Application Deadline: N/A

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