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The Merchandise Planner will be the liaison between Merchandising and the wholesale channel to understand and address product opportunities and challenges. The Merchandise Planner will support and develop seasonal strategies by utilizing point of sale data, historical bookings and partnering effectively with cross functional partners.
PRIMARY RESPONSIBILITIES/ACCOUNTABILITIES OF THE JOB:
Key Focuses to include:
Develop and fine-tune assortment plans that will be constructed to the cluster/ door level, utilizing door profiles, volume clusters and departmental/classification selling.
Ensure that assortment plans for all product categories within a division support the financial strategy.
Ensure that seasonal account assortment plans address the business needs of our retail partners and the direction of the Brand
Generate and assist in the analysis of key business reports
Maintain seamless communication between Merchandising, Retail Planning, Sales, and Retail Development teams
Strategic Financial Planning Process:
Collaborate with Retail Planning and Sales to prepare the financial class plans
Validate all finalized category plans with Director and VP Merchandise Planning prior to building assortments
Assortment Planning Process:
Build well-structured assortment plans based on target classification and financial goals
Develop pre-season blank line plans based on target Cluster plans and target MSRPs
Assist in the selection of product based on seasonal CK brand strategies as well as retail partners product needs.
Ensure that all assortments meet target metrics such as class mix, receipt flow by Account and climate, and in-going margin targets
Develop estimate of total units by style to be purchased for each delivery period
Establish seasonal sku targets and ensure that sku plans are achieved
Build assortments by tier/cluster to align with fixture capacities
Analysis and Forecasting Process:
Monitor and analyze sales and margin results at style/color levels against forecasts and make strategic decisions to drive the business on a weekly, monthly and quarter basis.
Identify areas of risks and opportunity. Provide strategic decisions to drive business.
Participate in weekly business discussions covering the following topics:Top line sales and sales trends
Best and worst sellers
Assortment planning opportunities by tier/door
Perform ad hoc reporting as required
QUALIFICATIONS & EXPERIENCE:
Experience: Minimum of 2-3 years of assortment planning/buying experience
Education: Bachelors Degree in related field
Strong analytical and mathematical skills
Strong interpersonal and communication skills
Highly proficient in Microsoft Excel
Self-motivated and organized
Strong product knowledge in retail/ wholesale apparel industry
High attention to detail and able to multitask and reprioritize in a fast paced environment
PVH Corp. or its subsidiary ("PVH") is an equal opportunity employer and considers all applicants for employment on the basis of their individual capabilities and qualifications, consistent with applicable law and without regard to race, color, sex, gender identity or expression, age, religion, creed, national origin, citizenship status, sexual orientation, genetic information, physical or mental disability, military status or any other characteristic protected under federal, state or local law. In addition to complying with all applicable laws, PVH also has a strong corporate commitment to inclusion, diversity and to ensuring that all current and future PVH associates are compensated solely on job-related factors such as skill, ability, educational background, work quality, experience and potential. To achieve these goals, across the United States and its territories, PVH prohibits any PVH employee, agent or representative from requesting or otherwise considering any job applicants current or prior wages, salary or other compensation information in connection with the hiring process. Accordingly, applicants are asked not to disclose this salary history information to PVH