Associate Buy Planner (Hybrid)
Shane Co.
- Greenwood Village, CO
- $85,000-113,000 per year
- Permanent
- Full-time
- Assists with monitoring budgets to a subcategory level for each buying group, investigating causes of inventory, sales and margin discrepancies and reporting findings to individual Merchants and Buy Planner.
- Assist in creation of planner-generated weekly reporting to ensure timely execution of adjustments to inventory purchasing, pricing, and assortment.
- Assists with summarizing and analyzing actual performance against plan, on a weekly, quarterly, and annual basis, highlight in-season adjustments to original plan.
- Assists with analyses of historical data and current trends to identify areas of opportunity and risk by area.
- Assists with adjusting inventory plans based on minimum assortments, working with merchandise buying team to account for display, backstock, and unique style requirements.
- Assists with timely review of current inventory conditions at individual stores versus customer service metrics, identification of issues impacting overall customer service objectives, and resolving issues through allocation/rebalancing and re-prioritization of processing flow where possible.
- Assists in maintaining unique assortment of each specific market to target the needs of customers.
- Assists in Identifying underperforming articles and propose discontinuing, markdown, or scrapping.
- Creation and maintenance of Purchase Orders.
- Evaluates competitive data (Pricing Scrapes, Competitive Shops) and recommends pricing optimization.
- Review minimum quantities of each specific primary hierarchy and escalate suggestions to Buy Planner.
- Responsible for monitoring the current turn percent for each primary hierarchy and identifying items that fall out of the company range.
- 3+ years of experience in retail merchandise planning & optimization, demand forecasting, inventory management, and pricing analysis.
- Expertise in Microsoft Excel, Work, and PowerPoint.
- Intermediate knowledge of retail planning.
- Proper principles and practices of data collection and consolidation.
- Strong communication skills.