This job listing expired on Jun 4, 2021
General Purpose: The Merchandising Planner will be responsible for:
- Managing Inventory and Sales Forecasting for Webstore
Position Summary, Responsibilities and Expectations:
- Forecast Inventory needs by item for total Webstore globally on a weekly, monthly, and annual basis. Provide short term forecast to Channel Marketing for inventory allocation. Provide long term forecast to Supply Planning for procurement of materials
- Consider all factors affecting sales velocity including seasonality, national promos, webstore promos, demand generation
- Partner with Category Management & Marketing to optimize forecasts based on planned activation
- Partner with Channel Marketing to obtain sufficient allocation to support sales by item for Webstore for all regions globally
- Provide Reporting & Insights on:
- Top Level KPIs: sales, margin, quantity actuals vs forecast
- Inventory: out of stock, sell-through, and days on-hand
- Forecast: sales, margin, and unit forecasts by item / category by week / month / quarter / year by region including new product introduction (NPI)
- Promotion effectiveness
- Ensuring inventory allocation will be sufficient to achieve AOP targets
- contribution margin % actual vs AOP including any line items that help or hinder margin (e.g. hub costs, freight costs in / out, tariffs, media cost, promotions / discounts, freight revenue). Provide insights to the business to facilitate next steps to optimize margin
- Manage hub lineup for items based on item availability, inventory, and shipping costs
- Support implementation & creation of promotions (e.g promo codes, cart promotions, item level promotions, etc)
Essential Skills and Experience:
- 4-6+ years in merchandise planning, especially in consumer electronics and eCommerce businesses
- Expert in forecasting and inventory management
- Excellent analytical skills
- Deep expertise in excel including macros, formulas, pivot tables, etc
- BS/BA in marketing, economics, business, or other technical field
- Excellent ability to partner cross functionally with multiple stakeholders