Full-Time

Sr. Manager

Merchandise Planning

Posted on 12/5/2024

STUDS

STUDS

201-500 employees

Specializes in ear piercing and earrings

Compensation Overview

$125k - $135kAnnually

+ Equity

Senior

New York, NY, USA

Hybrid position requiring 3 days in office and 2 days work from home.

Category
Inventory Management
Supply Chain Management
Operations & Logistics
Required Skills
Inventory Management
Data Analysis
Excel/Numbers/Sheets
Requirements
  • 5+ years of experience in merchandise planning, allocation, and inventory management.
  • Strong analytical skills with the ability to synthesize data into actionable insights.
  • Proven experience leading forecasting and planning processes in a retail or ecommerce environment.
  • Advanced proficiency in Excel (e.g., pivot tables, v-lookups) and hands-on experience with planning systems.
  • Proficiency in merchandising, planning, allocation, and/or inventory management applications.
  • Strong interpersonal and communication skills, with a track record of cross-functional collaboration.
  • Bachelor’s degree in Merchandising, Planning, Business, or a related field.
Responsibilities
  • Develop and lead the Open-to-Buy (OTB) process, ensuring alignment with topline financial goals and sales forecasts.
  • Build preseason merchandise plans and SKU-level forecasts informed by historical performance, sales trends, and market insights.
  • Drive strategies for new product launches and replenishment, establishing goals for evergreen and seasonal assortments.
  • Partner with cross-functional teams to implement allocation strategies that maximize regional and store-level productivity.
  • Establish and maintain effective inventory management systems that optimize in-stock rates while minimizing overstock risks.
  • Oversee end-to-end inventory management, including product lifecycle planning, core replenishment, and merchandise transfers across stores and distribution centers.
  • Collaborate with Retail Operations to ensure operational excellence in omnichannel inventory execution.
  • Lead markdown planning and execution to maintain margin goals and ensure a cohesive customer experience across channels.
  • Analyze inventory health and implement strategic adjustments to improve sell-through and reduce obsolescence.
  • Partner with the Analytics team to build and refine reporting tools that track key performance indicators (KPIs) such as sales trends, margin performance, and inventory turnover.
  • Deliver insights and recommendations to stakeholders, highlighting risks, opportunities, and category-level performance.
  • Lead the selection and implementation of planning systems to improve operational efficiency, providing training and guidance to ensure adoption.
  • Own pricing strategies and profitability analysis for both product categories and promotional campaigns.
  • Conduct competitive analysis to ensure alignment with market positioning and customer expectations.
  • Establish guidelines for pricing adjustments, leveraging data on product lifecycle, demand trends, and market dynamics.
Desired Qualifications
  • Experience in a branded multi-location retail environment is preferred.
  • Toolio (or similar tools) experience, a plus.
  • Tableau (or similar tools) experience, a plus.
  • SQL experience, a plus.

Studs.com focuses on ear piercing and earring stacking, allowing customers to express their personal style. The company offers a variety of earring designs, including Captive Bead Rings and Fixed Bead Rings, which help with the healing of new piercings. Unlike competitors, Studs.com operates a direct-to-consumer model, providing personalized aftercare advice and educational content to enhance the customer experience. Their goal is to combine fashion with personalized care while offering high-quality earrings and piercing services.

Company Size

201-500

Company Stage

Series B

Total Funding

$22.4M

Headquarters

New York City, New York

Founded

2019

Simplify Jobs

Simplify's Take

What believers are saying

  • Studs is expanding with 10 new store openings planned this year.
  • Collaborations with brands like Shake Shack enhance visibility and attract new customers.
  • 'Studs on Wheels' reaches new markets, including college campuses and events.

What critics are saying

  • Increased competition from established jewelry brands could dilute Studs' market share.
  • The rise of at-home piercing kits threatens Studs' in-store services.
  • Negative reviews of Mystery Packs could harm Studs' reputation.

What makes STUDS unique

  • Studs offers a unique ear-piercing experience combining art and science.
  • The company provides educational content for optimal piercing aftercare and longevity.
  • Studs' earring designs, like Captive Bead Rings, aid in faster healing.

Help us improve and share your feedback! Did you find this helpful?

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Mental Health Support

Health Savings Account/Flexible Spending Account

Flexible Work Hours

Paid Vacation

Paid Sick Leave

Paid Holidays

Parental Leave

Sabbatical Leave

Professional Development Budget

Employee Discounts

Pet Insurance

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

3%

2 year growth

0%
The Badger Herald
Oct 17th, 2024
Shopbop pop-up brings trendy, unique clothing to Madison

Shopbop has also partnered with Studs, offering an in-store Wisconsin Badger earring that comes with a $10 discount at Studs for ear piercing services.

Retail Dive
Mar 4th, 2024
Studs plots 10 store openings this year

Continuing its push into physical retail, Studs on Friday opened a store at New York's Rockefeller Center, marking the brand's sixth store in the city, per company officials.

TechCrunch
Nov 21st, 2023
Owning The Earscape Market With Lisa Bubbers And Anna Harman From Studs

Owning the earscape market with Lisa Bubbers and Anna Harman from StudscameraImage Credits: TechCrunchWelcome back to Found, where we get to the stories behind the startups.This week Becca and Dom are joined by Lisa Bubbers and Anna Harman, the co-founders of the ear piercing company Studs. The duo spoke to us about:What fundraising for a brick-and-mortar company was like.How they build a new market, tapping consumers who are too old for Claire’s but might not want to go into a tattoo shop.The ways in which their leadership styles complement each other.Subscribe to Found to hear more stories from founders each week.Connect with us:On Twitter.On Instagram.Via email: [email protected] back to Found, where we get to the stories behind the startups. This week Becca and Dom are joined by Lisa Bubbers and Anna Harman, the co-founders of the ear piercing company Studs. The du...Though no one knows precisely what happened, a common theory is that Altman’s for-profit efforts became at odds with the mission-driven nonprofit board. Listen here or wherever you get your podcasts. Hello, and welcome back to Equity, the podcast about the business of startups, where we unpack the numbers and nuance behind the headlines

Chain Store Age
Nov 10th, 2023
Next-gen ear-piercing concept Studs expands to Chicago

Next-gen ear-piercing concept Studs expands to Chicago.

Chicago Sun-Times
Nov 6th, 2023
Ear-piercing studio Studs to open first Chicago site in Gold Coast

Studs, a New York-based studio, will open its first Chicago location in the Gold Coast Wednesday, marking its 20th location nationwide.

INACTIVE