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BJ's Wholesale Club

Membership-based wholesale club retailing diverse goods

Merchandise Planner - Consumer Electronics

Inventory ManagementConfirmed live in the last 24 hours
Full-timeMarlborough, MA, USA$75k - $85k

About the Job

Requirements

  • Understand financial metrics, including sales, margin, inventory turns, and weeks of supply.
  • Have strong problem-solving, retail mathematics, and analytical skills.
  • Organize thoughts and communicate credibly and concisely.
  • Present to and influence team members and business partners using relevant data and fact-based information to articulate results, and provide clear recommendations.
  • Work independently with minimal supervision and cross-functionally.
  • Interact professionally with internal and external stakeholders.
  • Have advanced Excel skills and planning software experience.

Responsibilities

  • Develop monthly financial plans and forecasts aligned with department strategy, working cross-functionally with merchants to maximize sales and profit while turning inventory effectively within the open-to-buy.
  • Use analytics to drive profitable product life cycles, including end-of-life management.
  • Oversee and provide direction to allocation partners to ensure products are available in the appropriate retail channel and at the appropriate time while meeting member expectations and sales and profitability goals for the assigned department.
  • Manage financials and department forecasting, including business metrics such as sales, margin, and inventory key performance indicators.
  • Support creation of an optimal assortment and strategic flow plans; build effective sales and inventory plans to drive profitability and influence inventory productivity, including end-of-life activity.
  • Identify business opportunities one to six months ahead by analyzing business trends and applying market trends to planned categories.
  • Partner with buyers to develop a monthly department-level bottom-up forecast focused on sales, margin, and inventory targets aligned with category strategy.
  • Evaluate and communicate opportunities and risks, react to sales trends and inventory flow, and suggest markdowns and promotions to achieve sales, margin, and inventory objectives.
  • Build and execute new business opportunities by measuring results and providing recommendations.
  • Ensure department inventory plans and flow are successfully executed for new club openings.
  • Manage demand forecasts within JDA Demand or BY LDE to ensure order optimization.
  • Manage article-level ladder plans and build them up to financial plans.

Desired Qualifications

  • Have two to five years of experience.
  • Desire to coach, mentor, and onboard.

About the Company

BJ's Wholesale Club

Membership-based wholesale club retailing diverse goods

BJ's Wholesale Club operates a membership-based warehouse club that sells a wide range of products, including groceries and electronics, to individuals and small businesses. Members pay fees to access lower prices, and products are sold both in-store and online, with private-label brands Wellsley Farms and Berkley Jensen available. The company differentiates itself through its membership model, its private-label brands, bulk-format shopping, and a mix of physical and online shopping with additional services. Its goal is to help members save money and shop conveniently through bulk purchases and member discounts, supported by membership dues, product sales, and services.

Company size
10,001+
Company stage
IPO
Headquarters
Westborough, MA
Founded
1984

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