100% fashion Staff with care

Inventory Merchandiser/Planner

Los Angeles, California

Post Date: 01/12/2018 Job ID: 90140 Job Category: Logistics/Inventory, Merchandising, Planning

Title of Job: Inventory Merchandiser/Planner

Location: Los Angeles, CA

Company Description: Well-known fashion lifestyle brand

Responsibilities: 

  • Build sales, gross margin, and inventory plans at a monthly level by SKU and category
  • Maintain and update SKU plan based on current performance, present revised projections and recommendations to cross functional partners and senior leadership
  • Maintain inventory levels and recommend purchases to balance inventory turn targets in stock ratio
  • Give recommendations for purchasing levels of new SKUs based on comparable products, projected growth and market research
  • Analyze and report category business performance on a monthly basis
  • Research, calculate and determine retail pricing based on competitive market research and factory/landed cost with input from Product and Sales teams
  • Analyze sales, catalog placement and website browsing results to help prioritize, define, and visually merchandise for optimal product placement
  • Review, analyze and create seasonal close out list
  • Review and determine open to buy based on planned sales
  • Thought leadership and research to understand the latest trends in women’s fashion, accessories and jewelry to help develop a robust product mix that resonates with target customers
  • Ensure up-to-date SKU classification and key attributes are maintained for planning
  • Assist in maintaining system integrity and update systems where needed
  • Identify, develop, implement and maintain merchandising processes, systems and best practices as needed to grow the organization

 

REQUIREMENTS

The ideal candidate is detail-oriented, assertive and well versed in the concepts of inventory management

  • Bachelor degree in Business, Marketing, Analytical Field or equivalent required
  • 5 years’ experience in similar role, preferably in a fashion/ consumer goods industry. 
  • High proficiency in Excel and other Database tools. Familiarity with ERP / purchasing / merchandising systems a plus.

 


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