BJ's Wholesale Club Sr Merchandise Planner - Apparel in Westborough, Massachusetts
The Senior Planning Analyst is primarily responsible for planning and forecasting for future merchandise buys based on historical and forecasted sales, promotional and seasonal activity, reoccurring buys and current inventory levels. They are responsible for analyzing stock to sales ratios, responding to changing sales trends, and ensuring forecasted sales are optimal so that inventory targets are achieved for assigned categories. The Senior Planning Analyst will partner with Executives, Merchandise Budget team, Category Merchants, Allocation Analysts and Vendors to maximize sales return on inventory investment to increase profitability by managing the flow of goods. The Senior Planning Analyst is also responsible for the successful development, execution and communication of financial and inventory tools and processes.
Download, analyze and recap actual sales data against plan, previous year, and budget, as well as, promotional results vs. initial forecast. Summarized findings to be shared with all appropriate stakeholders with strategies to maintain appropriate inventory levels and prevent out of stocks.
Build financial sales, gross margin and inventory plans at a weekly level which ties to the companies’ sales, margin and turnover goals. Monitor performance in season during Launch, Promotional, Peak and Markdown periods
Create, manage and present Open-to-Buy (OTB) analysis to Senior Management and Merchants at Monthly Business Review meetings along with recommended strategies to ensure sales and inventory plans are achieved.
Partner with Executives, Category Merchants, Allocation Analysts and Vendors to execute key business decisions such as: promotional buy opportunities, markdowns, assortment plans, exit strategies, ad-hoc analysis where applicable
Support the development, implementation & execution of new business processes, planning tools and merchandise systems technology.
Maintain business processes and serve as subject matter expert for process improvements
Create and maintain key article ladder plans both pre-season and in-season including managing receipt flo
Job Number: 4612
Location: Westborough, Massachusetts