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Assistant Planner - Madewell Wholesale
New York City, NY ASSISTANT PLANNER - MADEWELL WHOLESALE YOU'VE GOT TO… *Get us - a passion for the brand that shows up in everything you do, everyday. *Be a strategic thinker - spend time and energy on what drives the greatest results. *Look under rocks, be curious, ask questions and use your smarts to think boldly and do the right thing. *Be a team player - cultivate productive relationships with cross-functional business partners. *Communicate consistently, with purpose and an understanding of your audience. *Be a multi-task master - make quick decisions under tight timelines. *Be nimble and comfortable with change. *Work independently and take the lead, even when all of the pieces are not in place. *Articulate your point of view and have the courage and conviction to stand up for your beliefs. *Have a great fashion aesthetic and be all over what's happening in the industry. *Always be on, up for anything and ready to have fun along the way. WE WANT YOU TO… *Collaborate with Merchants and Allocators on preseason and in season plans to align on sales and inventory strategies. *Provide manager with ad hoc analysis, as assigned, to give team diagnosis of the business and anticipate suggested course of action. PRESEASON *Create preseason sales, margin and inventory plans by department, class, style and color. Analyze previous quarter results; identify "missed sales" and growth drivers over prior year. *Summarize the opportunity and risk of a product plan as it relates to trend and financial metrics: initial mark-up, average unit retail, average unit cost, net margin dollars/rate. *Recommend style count, cc count and flow of goods for optimal margin results within a quarter. *Assist manager with development of the financial strategy associated with growth and diminish categories, based on current trend, historical findings or related categories. *Communicate support for style level buys as it relates to current trend, historical findings or related categories. IN SEASON *Provide daily and weekly updates on business as it relates to last forecast, identifying trends, and highlighting selling that exceeds or falls short of expectation. *Assist manager with communication to cross functional partners regarding potential risk or opportunities and begin to suggest changes to course of action for both current and future quarters. *Prepare sales, margin and inventory forecast and assist manager in monthly OTB forecast meetings for current year; provide sales trend opportunity for future quarters, validate stock-to-sales relationships, maximize receipt flow to improve turn, reconcile receipts and suggest pricing strategies to drive profitability. *Monitor basic style selling trends and partner with merchandising and allocation to select monthly order quantities. *Generate and manage style level weekly unit sales plans in season to inform total department sales expectation by week/month/quarter and identify styles contributing to a /- to forecast. *Assist manager to propose markdown and promotional strategies to maximize profitability on the life of an item or category; provide pricing and margin dollar gain/loss scenarios. OH, AND BY THE WAY, YOU… *Bachelor's degree required *Strong analytical, financial modeling and problem solving skills. *Excellent written and verbal communication and presentation skills. *Ability to manage multiple work streams/projects with tight deadlines. *Strong technical aptitude, including advanced competency in Microsoft Excel and ability to quickly master new applications and systems. We are committed to affirmatively providing equal opportunity to all associates and qualified applicants without regard to race, color, ancestry, national origin, religion, sex, marital status, age, sexual orientation, gender identity or expression, legally protected physical or mental disability or any other basis protected under applicable law. |
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