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Director of Merchandise Planning

2 months ago

Toronto, Ontario, Canada Mejuri Full time
About the Role

We are seeking a highly skilled and experienced Director of Merchandise Planning to join our team at Mejuri. As a key member of our planning team, you will be responsible for developing and executing merchandise financial plans that optimize product category sales, financial, margin, and inventory goals.

Key Responsibilities
  • Develop and manage merchandise financial plans to drive sales, margin, and inventory goals.
  • Lead forecasting for carryover and new product launches, as well as new store openings.
  • Provide weekly sales reporting and develop tailored reporting for senior leadership and cross-functional teams.
  • Develop and deliver performance analysis across the business to measure achievement of sales, margin, and inventory plans.
  • Manage the open-to-buy (OTB) process, budgeting for inventory purchases of both carryover and new products.
  • Support the buy review process with forecasting and analysis, including halo and cannibalization estimates, required inventory investment, and margin.
  • Provide analytical support to the merchandising team as they develop product assortment, pricing, life cycle, and discontinuation plans.
  • Help develop systems and tools to facilitate the merchandising planning function.
  • Lead and develop a small team of demand and merchandise planners.
Requirements
  • 5+ years of experience in a retail environment, including time as a planner, buyer, or retail business analyst.
  • Demonstrated leadership experience, managing teams and working with executive leaders.
  • Experience in high-growth retail environments with frequent new store openings.
  • Demonstrated retail experience and business acumen, including forecasting, promotions, margin planning, selling, and inventory productivity measures.
  • Excellent verbal and written communication and presentation skills, including the ability to present complex material in an organized and compelling manner.
  • Proven track record in assortment and inventory planning to optimize retail stores for highest conversion rates.
  • Strategic thinker who recognizes opportunities and can recommend strategies by building a business case and influencing senior leaders to move to execution.
  • High level of conceptual creative ability, strong product sense, and proven experience in driving product assortments and partnering to lead investment strategies that drive business.
  • Strong time management skills, attention to detail, problem-solving, interpersonal, and organizational skills – communication between functional groups is critical.
  • Advanced proficiency in Excel and data/business intelligence tools.
What We Offer
  • A minimum of three weeks' vacation, plus personal days and three religious observance days.
  • A hybrid work model for all corporate roles.
  • 'Mejuri Passport' which allows employees who meet specific criteria to work in other locations for one month per year.
  • Comprehensive medical and dental benefits, including mental health coverage, and generous personal and sick days for our full-time employees.
  • Parental leave salary top-up of up to 80%, as well as a personalized return-to-work transition and accommodation plan for full-time employees.
  • Semi-annual performance reviews.
  • A generous product discount.