ESSENTIAL FUNCTIONS
Develop and execute merchandise financial plans that support the merchandise strategies while achieving corporate financial goals both for the short term (seasonal) and long term (multi-year).Exercise discretion and independent judgment in developing the merchandise financial plans with guidance and oversight from their leader.Improve profitability by creating and executing the assortment plan and the initial buy plan through use of hindsighting and profitability toolsDevelop inventory plans that deliver quick product turnover without long-term commitment while adjusting strategies based on market fluctuation and inventory availability.Complete forecasts and recommendations for Monthly Forecast process to manage business in season and maximize opportunities through product lifecycle managementManage product lifecycle through appropriate promotions and markdownsOptimize profitability by setting competitive price points in a highly competitive marketManage vendor planning and item planning as needed (i.e. ladders)Collaborate with Buying Partner and Allocation Team to reconcile merchandise and by-door strategies with store level opportunitiesBuild and maintain strong relationships with Buying Partner and vendors, while building a presence with new and existing vendors within the outlets and companyRequired for All Jobs
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Performs other duties as assigned
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Complies with all policies and standards
EDUCATION
Bachelor's Degree
or equivalent years of experience
Required
Specific Degree: Business, Finance, Accounting and or Retail
Preferred
WORK EXPERIENCE
Specific work or project experience: Demonstrated proficiency using Microsoft Windows Operating System and Microsoft Office Suite. Required2-5 years of retail/financial planning experience Required1-3 years Retail planning-Off-Price PreferredKNOWLEDGE, SKILLS & ABILITIES
Ability to analyze data from multiple sources to identify trends & risks, resolve issues, and recognize opportunitiesDemonstrates initiative in exposing and resolving risks and opportunitiesCommunicates effectively and maintains relationships at all levels internally and with vendorsDemonstrates intermediate-level proficiency using retail merchandising systems & tools to drive business resultsDemonstrates intermediate-level proficiency using Oracle systems & tools (e.g. SAS, RMS, APX) to drive business resultsAbility to effectively communicate with internal and external partners (vendors) to proactively address business needsProficiency in excelAccessibility Guidelines:
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We are an Equal Opportunity Employer:
Belk is an equal-opportunity employer committed to providing a workplace free from harassment or discrimination. All employment decisions are to be made without regard to race, color, age, sex, gender identity, sexual orientation, hair style, hair texture, religion, marital status, pregnancy, national origin/ancestry, citizenship, physical/mental disability, genetic information, military/veteran status, or any other basis prohibited by law.
Pay Range$65,000 - $90,000Reflected is the base pay range offered for this position. Pay may vary depending on factors including but not limited to achievements, skills, experience, or work location. The range listed is just one component of the compensation package offered to candidates.
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