Merchandise Planner at Minneapolis

Job Description

RadioShack is currently seeking a Merchandise Planner for their location in Fort Worth, TX (relocation assistance will be offered!). RadioShack is looking for people who want to be a part of our sweeping vision-based transformation at our worldwide headquarters in downtown Fort Worth.

The Merchandise Planner is responsible for creating and maintaining period and yearly financial plans for their assigned categories and effectively partnering with Merchants on identifying and implementing strategies to achieve or exceed them. Additionally, the Merchandise Planner is responsible for item planning and analysis to ensure merchandising and inventory plans are synchronized to achieve or exceed sales, inventory turns, margin and service level objectives.

Primary Responsibilities:

Financial Planning

• Utilize Planning tools to accurately forecast both period and year sales, margin, inventory and turn. Ensure plans support objectives.
• Utilize OTB process to maintain budgeted inventory, working with Inventory Specialist to synchronize purchasing plans.
• Manage Vendor Purchase Planning process to accurately identify purchase volume and mix for financial reporting.

Item Planning

• Utilize Planning tools to accurately forecast key items to maximize sales, margin, service level and turn.
• Create and maintain key item ladder plans.
• Analyze key item trends and seasonality, adjusting forecasts, receipts and inventory levels as needed to support plans.
• Reconcile key item plans with financial plans.
• Manage Inactive inventory, working with Product Manager on dispositions to ensure product is either returned, or proper markdowns are in place to help turn the goods.

Ads/Promotions

• Forecast sales, margin and inventory for Ads and Promotions to maximize sales and service levels while minimizing residuals.
• Work with Inventory Specialist to ensure top level plans are appropriately executed at DC and store level to achieve targeted sales, turn, and sell through.
• Monitor event sales and take action to optimize sales and turn and reduce overstocks.

Allocations

• Develop allocation strategies for assigned categories.
• Allocate merchandise based on store plans and current trends.
• Ensure proper in-stock levels.
• Store level analysis and recommendations; identify ongoing business opportunities.
• Create orders for stores and DCs to ensure they are kept at appropriate merchandise levels.

Supply Chain/Vendor Relations

• Develop and maintain positive and effective relations with vendors, operate as key contact for inventory team.
• Drive collaborative planning process with Vendors, ensuring plans are aligned and can be supported.
• Conduct ad hoc reporting as required by store operations and the buying team.

Requirements of the Merchandise Planner:

• Bachelors degree preferred or equivalent experience
• 2 years inventory planning/purchasing and forecasting experience
• 2 years working knowledge of merchandising methods, inventory planning, and replenishment systems

 

Job Requirements

 
Country: USA, State: Minnesota, City: Minneapolis, Company: RadioShack.