Job Responsibilities:

• Sales Forecasting: Utilize historical sales data, market trends, and other relevant factors to forecast demand for merchandise.
• Inventory Management: Determine optimal inventory levels and allocations for different products, stores, or channels to ensure availability while minimizing excess inventory and stockouts.
• Assortment Planning: Collaborate with merchandisers and buyers to develop seasonal merchandise plans, assortments, and product mixes that align with company objectives and customer preferences.
• Allocation and Replenishment: Allocate merchandise to stores or channels based on sales forecasts, inventory targets, and store-specific factors such as size, location, and demographics. Monitor inventory levels and initiate replenishment orders as needed.
• Financial Planning: Develop and manage merchandise budgets, sales targets, and inventory turnover goals. Monitor performance against budget and forecast, identify variances, and recommend corrective actions as necessary.
• Data Analysis and Reporting: Analyze sales performance, inventory turnover, and other key performance indicators (KPIs) to identify trends, opportunities, and risks. Prepare regular reports and presentations for management review.
• Collaboration and Communication: Work closely with cross-functional teams, including merchandising, buying, supply chain, and finance, to coordinate activities, share insights, and drive alignment toward common goals.

Qualifications:

• Bachelor’s degree or higher in Business Administration or related fields.
• 3+ years of experience in Commercial, Retail planning, Inventory management or related field, preferably within the retail industry.
• Knowledge of retail math concepts such as margin, profit, sell-through and month cover. Ability to interpret and apply financial metrics to support decision-making.
• Strong analytical skills with proficiency in Excel.
• Excellent communication and interpersonal skills with the ability to collaborate effectively with cross-functional teams and communicate complex ideas clearly and concisely.
• Strong attention to detail, organizational skills, and ability to prioritize and manage multiple tasks in a fast-paced environment.
• Strategic mindset with the ability to think analytically and develop data-driven recommendations to improve business performance.