Seasonal Merchandise Planning:Conduct thorough analysis of historical data and current trends to develop seasonal merchandise plans.Collaborate closely with the planning and merchandising teams to align assortment strategies with sales goals and inventory forecasts.Utilize market research and trend analysis to identify emerging trends and opportunities for assortment optimization.Financial Planning and Reporting:Financial Planning and Reporting:Present department-level financial strategies to senior leadership, highlighting key metrics such as inventory levels, sales forecasts, and profitability.Reconcile collection-level inventory levels with financial plans to ensure alignment between inventory investments and financial objectives.Provide regular updates on sales and inventory performance relative to the current plan, accompanied by specific recommendations for adjustments or optimizations.Vendor Management and Collaboration:Vendor Management and Collaboration:Review forecast and inventory plans with vendors to ensure product availability and minimize supply chain disruptions.Collaborate with vendors to assess product profitability, channel performance, and inventory productivity through post-season analysis.Provide guidance and support to vendors on buying, planning, and allocation best practices to enhance inventory productivity and profitability.In-Store Analysis and Optimization:In-Store Analysis and Optimization:Optimize sales and inventory productivity through continuous analysis of consumer behavior and in-store performance metrics.Implement data-driven merchandising strategies to enhance product visibility, assortment effectiveness, and overall store layout.Take timely action to maximize sales, profitability, and inventory productivity based on in-store insights and performance trends.Inventory Planning and Allocation:Inventory Planning and Allocation:Develop inventory plans from investment through allocation execution, considering factors such as desired inventory levels, turnover goals, and maximizing inventory turns.Allocate and order merchandise based on inventory risks and opportunities identified through thorough analysis of sales forecasts and inventory data.Regularly assess and update inventory plans to adapt to changing market conditions and consumer preferences.
Listed skills include Microsoft Office, Management, Marketing, Business Analysis, and 6 others.