Job Description
Role Overview:
Support and optimize the performance of the buying and operations teams by providing accurate planning, forecasting, and data-driven insights to achieve financial goals.
What you will do:
1. Demand Forecasting & Inventory Management:
- Develop and maintain forecasts for key categories, considering sales trends, seasonal demands, and promotions.
- Analyze sales data and market trends to create accurate demand models, ensuring optimal inventory.
- Monitor stock levels to avoid overstocking and stockouts, collaborating with supply chain to address issues.
2. Assortment Planning:
- Collaborate with buying teams to ensure assortments meet customer preferences and market trends.
- Plan product introductions and phase-outs to maximize space and sales.
3. Sales Analysis & Performance Reporting:
- Analyze product performance, identify growth opportunities, and flag underperforming SKUs.
- Provide insights to management and buying teams based on sales data and competitor activity.
4. Cross-Functional Collaboration:
- Work with marketing, merchandising, and supply chain to ensure timely product launches and alignment with promotional calendars.
- Support store operations to ensure optimal product placement and inventory allocation.
5. Financial Planning & Budgeting:
- Support the Merchandise Planning Manager in developing seasonal budgets.
- Manage in-season financials to meet sales and profitability targets.
6. Communication & Reporting:
- Communicate stock levels, sales, and supply chain issues to management.
- Prepare reports for business reviews, including sales forecasts and stock aging.
What you will need:
Experience & Knowledge:
- Proven experience in merchandising or retail, ideally in toys or consumer goods.
- Strong analytical skills with data analysis tool proficiency.
- Proficient in MS Office Suite (Excel, PowerPoint).
- Excellent organizational and multitasking abilities.
Technical Skills:
- Attention to detail and accuracy.
- Strong communication and interpersonal skills.
- Ability to work independently and in a team.
- Creative problem-solving skills.
- Flexibility to adapt to changing priorities.
Education: Bachelor’s degree in Business, Marketing, Merchandising, or related field.
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