Associate Merchandise Planner will assist Merchandise Planning Manager to execute the defined SKU (stock keeping unit) plan, sales, margin and inventory plan of the assigned product category that supports the company’s sales and profit objectives. Job Responsibilities Assist managers on executing and monitoring the OTB (open-to-buy), sales, and margin plan of the assigned division.
Perform business analysis detailing category sales and margin performance.
Manage inventory and initiate and execute liquidation plans.
Collaborate with product developers to ensure that financial objectives align with product opportunities. Partner with PD, utilizing historical data and current trends, to capitalize on new opportunities and identify risks.
Responsible for ordering and shipment follow-up with vendors and partner with the logistics team on corresponding logistics flow for the assigned categories. Negotiate product cost and MOQ (minimum order quantity) with vendors for reorders.
Provide clerical support to the team.
Job Requirements Bachelor's Degree in Business Administration, Supply Chain Management, or relevant disciplines.
2 years of experience in product launch planning and inventory management.
Strong command of retail math concepts, applications, and statistical analysis – OTB, inventory management concepts.
Working knowledge of merchandise systems, data mining, replenishment systems, and spreadsheets.
Knowledge of Power BI will be an advantage.
Fluent spoken and written English and Chinese.
#J-18808-Ljbffr