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Full-Time

Director Merchandising Planning

Confirmed live in the last 24 hours

Mejuri

Mejuri

501-1,000 employees

Handcrafted fine jewelry for everyday wear

Consumer Software
Consumer Goods

Compensation Overview

$152k - $198kAnnually

Senior, Expert

New York, NY, USA

Category
Inventory Management
Supply Chain Management
Operations & Logistics
Required Skills
Sales
Communications
Excel/Numbers/Sheets
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 environment 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 help optimize retail stores for highest conversion rates
  • Strategic thinker who recognizes opportunities and can recommend strategies by building business case and influence senior leaders to move to execution
  • High level of conceptual creative ability. Strong product sense with 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 very critical.
  • Advanced proficiency in Excel, and data / business intelligence tools.
Responsibilities
  • Develop merchandise financial plans which optimize product category sales, financial, margin, and inventory goals.
  • Lead the forecasting for carryover and new product launches and new store openings.
  • Be the focal point for weekly sales reporting, developing tailored reporting for senior leadership and the merchandising, finance, supply chain, retail sales, and digital teams.
  • Develop and deliver performance analysis across the business that measures achievement of sales, margin, and inventory plans.
  • Manage the open to buy (OTB) process (part of the sales and operations planning process) that budgets for inventory purchases of both carryover and new products.
  • Support the buy review process (where new product investments are agreed) with forecasting and analysis including halo and cannibalization estimates, required inventory investment, and margin.
  • Be the go-to for ad-hoc and diagnostic analysis of sales, gross margin, and inventory performance, communicating insights, corrective actions, and recommendations.
  • 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.

Mejuri offers handcrafted fine jewelry designed for everyday wear, including gold and silver pieces. The company operates online, allowing customers to shop conveniently from anywhere. Mejuri's business model is direct-to-consumer, which helps eliminate traditional retail markups, making high-quality jewelry more affordable. New jewelry editions are released weekly, keeping the collection fresh and appealing to fashion-oriented women. Mejuri focuses on high-quality materials and craftsmanship, providing a strong customer experience with free shipping and returns. The goal is to make stylish, premium jewelry accessible to a broader audience.

Company Stage

Series B

Total Funding

$28.1M

Headquarters

Toronto, Canada

Founded

2013

Growth & Insights
Headcount

6 month growth

5%

1 year growth

3%

2 year growth

17%
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Simplify's Take

What believers are saying

  • Mejuri's partnerships with companies like Regeneration and MKS PAMP highlight its dedication to ethical sourcing and environmental responsibility.
  • The launch of sustainable, lab-grown diamonds and regenerated gold collections positions Mejuri as a leader in eco-friendly fine jewelry.
  • Collaborations with high-profile personalities and brands, such as Renée Rapp and GANNI, enhance Mejuri's brand visibility and appeal.

What critics are saying

  • The fine jewelry market is highly competitive, and maintaining differentiation through sustainability and ethical practices may be challenging as more brands adopt similar strategies.
  • Frequent new releases require constant innovation and can strain resources, potentially impacting product quality or brand consistency.

What makes Mejuri unique

  • Mejuri's direct-to-consumer model allows it to offer high-quality, handcrafted fine jewelry at more accessible prices by eliminating traditional retail markups.
  • The company’s commitment to sustainability, as evidenced by its use of traceable and regenerated gold, sets it apart in the fine jewelry market.
  • Weekly releases of new jewelry collections keep the brand fresh and appealing to trend-conscious buyers, unlike traditional jewelers who have less frequent updates.