JCPenney

Department store and ecommerce retailer

Associate Merchandise Planner

Inventory ManagementUpdated on Nov 7

Full-timeNew York, NY, USA$62.7k - $72.1k /yrIn-person

About the Job

Requirements

A bachelor's degree from a four-year college or university is required.
A minimum of 2–4 years of experience in merchandise planning, store planning, allocation, or a related analytical function is required.
A foundational understanding of retail math, merchandise planning, inventory management, and related key performance indicators is required, along with the ability to learn and apply the measurements across stores and ecommerce channels.
Strong Microsoft Excel skills and exposure to retail planning systems are required.
The role requires the ability to partner with cross-functional team members and leadership.
The role requires the ability to work in a fast-paced, detail- and deadline-oriented environment with changing business trends.
Strong written and verbal communication skills are required.

Responsibilities

Develop, execute, and communicate strategic merchandise financial plans and strategies that support the company's merchandising and financial objectives.
With guidance, create pre-season sales, margin, and inventory plans by department, class, and/or style or program to support product and financial strategies, and review the plans with the Senior Planner and Director.
Analyze historical data and current trends to recap business and identify risks and opportunities by department and class. Partner with the Senior Planner to create strategies that align inventory with merchant partners.
Collaborate with Merchandising to develop and communicate strategies that align future financial and product opportunities in the area.
Present in-season forecasts and action plans in open-to-buy meetings. Create action plans based on forecasts and lead discussions with management and cross-functional teams.
Review in-season and post-season performance by category, share results with cross-functional teams, identify opportunities, and implement strategies for future seasons.
Develop item-level promotional and markdown strategies weekly in partnership with Merchandising.
Create and publish weekly merchandise planning reports, including ad hoc recaps.
Collaborate with the cross-functional team for replenishment, receipt flow, and testing strategies, with direction from the Senior Planner.

Overview

General Summary:

The Associate Merchandise Planner is responsible for the plan and forecast processes for the brand business to ensure company financial objectives are achieved. This position will provide strategic and analytical support to merchandising through all phases of product life cycle (pre season and in season) and will collaborate with cross functional business partners to ensure sales, gross margin, and key investment goals are achieved.

Position Responsibilities:
Develop, execute and communicate strategic merchandise financial plans and strategies that support the merchandising and financial objectives of the Company. With guidance, create pre-season sales, margin and inventory plans by department, class, and/or Style/Program to support product and financial strategies. Review with Senior Planner and Director. Analyze historical data and current trends to recap business. Work to identify risks and opportunities by department and by class. In partnership with Senior Planner, create strategies to align inventory with Merchant partners. Collaborate with Merchandising to develop and communicate strategies that align future financial and product opportunities in the area. Present in-season forecasts and action plans in open-to-buy meetings. Create action plan based on forecast and lead discussions to management & cross functional teams. Hindsight in-season & post-season performance by category. Share results with cross functional teams, identifying opportunities and implement strategies for go forward season. Develop item-level promotional and markdown strategies on a weekly basis in partnership with Merchandising. Create and publish various weekly Merchandise Planning reports, including ad hoc recaps. Collaborate with CFT for replenishment, receipt flow, testing strategies, with direction from Senior Planner.

Position Requirements:
Bachelors Degree from a 4-year college or university Minimum of 2-4 years of Merchandise Planning, Store Planning, Allocation and/or related analytical function
Foundational understanding of retail math, merchandise planning, inventory management, and related KPIs with the ability to learn and apply the measurements across Stores & Ecommerce business channels. Strong MS Excel skills and exposure to retail planning systems Excellent interpersonal skills to partner with cross functional team members as well leadership. Ability to thrive in a fast-paced, detail & deadline oriented environment with changing business trends.
Strong written and verbal communication skills.

What you get:

If eligible, we offer a competitive benefits package including medical/dental/vision, term life insurance, paid vacation/holidays*, and 401(k) with Company match. All associates are eligible for an associate discount on all Catalyst Brands merchandise. For paid holidays, associates who are eligible for paid vacation (MTO) are also eligible for eight paid holidays during the calendar year. All store hourly associates scheduled to work on a designated holiday will receive additional compensation. *For paid vacation days, as well as eligibility requirements for other benefits, please visit www.catalystbrandsbenefits.com

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Pay Range

USD $62,700.00 - USD $72,100.00 /Yr.

About the Company

JCPenney

Department store and ecommerce retailer

JCPenney is a U.S. department-store and ecommerce retailer. Its merchandise spans apparel, home goods, beauty, jewelry, and related services. Customers shop through stores and digital channels, with selected locations also hosting salon, optical, and portrait services. Store operations, merchandising, supply chain, ecommerce, technology, and corporate functions support the business. This scope covers JCPenney itself and does not rely on changing parent-company branding. The workforce connects customer-facing service with the inventory, digital, and commercial functions that keep the retail operation running.

Company size: Not listed
Company stage: Not listed
Total funding: Not listed
Headquarters: Plano, TX
Founded: 1902

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About the Job

Requirements

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Position Responsibilities:

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JCPenney

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