The role of the Off-Price Planner is to maximize gross margin dollars & inventory productivity by providing the overall financial direction of a category or department(s). The Off-Price Planner is accountable for the development and implementation of merchandise plans by focusing on inventory, clearance, and opportunistic buys. Off-Price Planners are primarily responsible for developing seasonal merchandise financial plans, pricing strategies and assortment optimization. Off-Price Planners also work with Buyers in assortment and buy planning by facilitating layering of assortments and validating the profitability of purchases. In-season, Off-Price Planners provide in-depth analysis of product performance and make recommendations to maximize business opportunities. The Off-Price Planner will forecast sales and stock needs by monitoring inventory and establishing pricing and discount strategies.

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).Develop inventory plans that deliver quick product turnover without long-term commitment while adjusting strategies based on market fluctuation and inventory availability.Optimize profitability by setting competitive price points in a highly competitive marketAnalyzes business to the lowest level to identify opportunities in sales, inventory and margin by store, department, and classDevelop the assortment plan and the initial buy plan through use of hindsighting and profitability toolsLead Monthly Forecast process to manage business in season and maximize opportunities through product lifecycle managementLeverages open-to-buy process to manage business in-season and maximize opportunitiesCollaborate 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 company

Education 

Bachelor's Degree preferred

Experience

4-6 years retail experience required 1-3 years merchandise or financial planning required

Knowledge, Skills and Abilities 

Ability to work in a fluid, fast paced environmentDemonstrates strong analytical and problem solving skillsHighly organized and able to multitaskBuilds and maintains productive relationships with peers, merchant team and allocation teamDemonstrates leadership and decision-making skillsTakes calculated risks to achieve resultsDemonstrates strong listening, written and oral communication skillsAnalyzes business to adapt to unpredictable stock levels and opportunistic buysReacts to business trends in a timely and efficient mannerAdapts to shifting circumstances in a business environmentAble to translate strategy into tactical, well-developed financial plansAble to think strategically and provide financial direction for future business opportunitiesMaintains professionalism in work relationships and habitsDevelops creative solutions to business issuesCommunicates effectively with stores and vendorsProficient in Excel and Microsoft office suite of products and business related software

Pay Range
$90K - $155K

Reflected 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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