Merchandise Planning Specialist

2 weeks ago


Mississauga, Ontario, Canada Carter's Full time
About the Role

Carter's is seeking a highly skilled Merchandise Planning Specialist to join our Planning team. As a key member of our team, you will be responsible for developing short and mid-range merchandise strategies, OTB quantification, and financial plans. You will work closely with our Category Management teams to achieve key financial objectives for Carter's.

Key Responsibilities
  • Merchandise Financial Planning
    • Develop and execute merchandise financial plans by product classification aligned to financial targets to establish annual budgets and open-to-buy in partnership with the Director of eComm Planning.
    • Align assortment strategies (pricing, buy quantities, store assortments) to achieve financial plans in collaboration with the Category Manager.
    • Establish inventory flow plans with the Category Manager to optimize inventory plans.
    • Validate the promotional marketing plan aligns to the monthly financial plan alongside the Category Manager.
  • In-Season Management
    • On a monthly/as needed basis and in conjunction with the Director of eComm Planning, execute re-forecast of comprehensive financial plans and execute re-forecast of sales, margin, and inventory based on trend to identify risks/opportunities compared to plan.
    • Develop and execute markdown strategies to achieve the unit sales plan while maximizing margin in partnership with the Director of eComm Planning and Category Managers.
    • Provide strong in-season forecasts and develop corrective in-season actions where required in coordination with your leader and Category Managers.
    • Conduct post-season analysis and draft monthly hind-sights and strategies for next season with the Category Managers.
  • Reporting and Analysis
    • Manage weekly sell thru files to track results.
    • Provide adhoc business reports and analysis as required.
    • Utilize company-approved tools and processes to support planning and measurement of the business.
    Requirements
    • Bachelor's degree required.
    • 1+ years in a corporate retail environment required (purchase order management, price change management, seasonal preparation, report analysis, manage a product category, special project leader, site merchandising).
    • General understanding of a retail product assortment, breadth and depth, promotional pricing and entrance/exit strategies.
    Preferred Skills and Experience
    • Analytical Skills, Basic Retail Financial Acumen/Math.
    • Self-Starter, Strong Communication Skills, Flexible, Collaborative.
    • Knowledge of Microsoft Office (Excel, Word, PowerPoint).
    • Organized, Ability to Multi-Task, Detail-Oriented, Deadline-Oriented.
    • Ability to manage large amounts of data and multiple projects.
    About Carter's
    • Carter's is the largest North American apparel retailer exclusively for babies and young children, encompassing Carter's, OshKosh B'gosh, Skip*Hop and Little Planet brands.
    • We are a company guided by core values that promote inclusion and innovation.
    Why Join Carter's
    • Carter's offers a meaningful work environment, constant learning opportunities, and a community of genuine people.
    • We prioritize career development and provide various paths for growth and evolution.


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