Summary
The Planner at Holt Renfrew is responsible for collaborating with the buying team to provide a merchandise management framework to drive the business and maximize profit. This role involves delivering detailed multi-dimensional plans, forecasts, and analysis to enhance assortment decisions, vendor negotiations, inventory, and markdown management.
Responsibilities
- Prepare and own merchandise plans that align with corporate strategy and deliver maximum full price sales and profit.
- Build strong partnerships with merchant/buying counterparts to collaborate on planning decisions and opportunities.
- Produce and interpret end of season analysis to support optimizing planning and buying decisions.
- Manage plan integrity across all relevant hierarchies including merchandise, store, and seasons.
- Maintain plans across all relevant metrics including sales, markdown, margin, receipts, and other inventory actions.
- Manage in-season performance through the reforecasting cycle to improve inventory productivity and drive profit.
- Collaborate with merchant/buying counterparts to mitigate risk and drive sales, full price sell-through, and profit.
- Work with Assistant Planners and Allocation Analysts to manage inventory levels across the network.
- Maintain accurate Demand Forecasts/Auto-Replenishment models and manage open to buy accordingly.
- Manage markdown inventory and proposals on price reductions to drive profitable sell-through.
- Collaborate with merchant/buying counterparts to identify slow moving items and propose markdowns.
- Review markdown performance and liaise with stores and supply chain to drive opportunities.
- Calculate and propose relevant further price reductions and actions to balance margin and off-price sell-through.
- Work with buyers to produce a recode proposal that ensures optimized inventory performance.
- Forecast and follow-up on performance of promotional, marketing, and other events.
- Make recommendations on event activity based on inventory performance analysis.
- Produce analysis on event results and interpret future opportunities.
- Participate in and champion projects.
- Develop the knowledge and skills of Assistant Planners and Allocation Analysts.
- Collaborate with peers across planning to ensure consistent, best practice processes, systems, and reporting.
- Prepare performance presentation data where requested.
- Present findings and results to cross-functional audiences as required.
- Build effective partnerships with internal contacts such as buyers, stores, supply chain, finance, and marketing.
- Develop processes, systems, and reports.
Requirements
- Post-secondary degree in a related field or equivalent experience.
- 2+ years of successful experience in a merchandise planning business unit.
- Excellent financial acumen and strong analytical skills.
- Demonstrated influencing skills with the ability to get things done.
- Excellent interpersonal skills.
- Confident and effective written and verbal communicator.
- Adaptable and comfortable with ambiguity and change.
- Highly proficient in Microsoft Office (Word, Excel, PowerPoint) and use of ERP and Merchandise Planning systems.
- Passionate about fashion and luxury retailing.
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