Merchandise Planner
: Job Details :

At Theory, we create clothes that matter, that empower and improve the way we live through exceptional fit, fabric, and style. In 1997, Theory was founded in New York on the simple idea that stretch fabrics in tailored clothing could change how we dress and live.

Two decades later, we continue to perfect our offering of elevated wardrobe essentials for the ambitious, urban man and woman. From sourcing materials from the best mills in the world, to the innovation and craftsmanship at our atelier in New Yorks Meatpacking District, the integrity of our process is just as important as our final product.

In 2004, Theory was acquired by Fast Retailing, spurring international expansion of the brand. Operating 440 stores worldwide, today Theory is a New York brand with a global mindset. Our customers dream big, achieve goals, and aim for perfection. So do we, and so do our clothes.

The Merchandise Planner builds financial sales, gross margin and inventory plans for multiple departments in a given area on an item level basis. They will manage and plan merchandise inventory positions and markdown strategies to drive departmental sales, profit and sell thru objectives. The Merchandise Planner also provides in-season financial projections and strategies while identifying risks and opportunities to maximize profits.

Responsibilities

• Lead annual and seasonal planning processes, including assortment planning, inventory allocation and sales forecasting for the Theory Full price retail and ecommerce businesses.
• Create Preseason sales, margin and inventory plans by style and color to achieve company targets.
• Establish and monitor key performance metrics in season, providing regular performance analysis and actionable recommendations to drive business results.
• Oversee Allocation team, developing inventory strategies that align to the sales and profitability goals of each store.
• Develop and implement markdown strategies, to maximize product sell thru and profitability.
• Collaborate with cross functional teams, including Merchandising, Marketing, Production, Store Management, Operations and Finance to align planning efforts with overall business goals.
• Utilize data analytics to identify opportunities and risks, informing decision making and continuous improvement.
• Drive process efficiencies and standardization within planning function to enhance productivity and accuracy.
• Streamline reporting to allow for improved business analysis and identification of risks and opportunities.

Minimum Skills & Qualifications

• 4+ years of experience in Merchandise Planning
• Bachelors Degree in Finance, Business, Merchandising or related field
• High level of experience and proficiency in Excel
• Excellent problem solving and analytical skills
• Mathematical proficiency with strong business and financial acumen
• Superior written and verbal communication skills to effectively communicate across all levels of management
• Strong sense of teamwork to coordinate with many cross-functional partners
• High degree of accountability and attention to detail
• Ability to flex across shifting priorities
• Strong sense of urgency and accuracy

SALARY RANGE: $95,000-$100,000

*The offered salary or salary range is based on several factors, including, but not limited to, overall experience, relevant experience, education level, certifications, applicable skills and expertise, and location of the position.

As an Equal Opportunity Employer, Theory LLC, does not discriminate against applicants or employees because of race, color, creed, religion, sex, national origin, veteran status, disability, age, citizenship, marital or domestic/civil partnership status, sexual orientation, gender identity or expression or because of any other status or condition protected by applicable federal, state, or local law.

Ensure your Theory job offer is legitimate and dont fall victim to fraud. Theory never seeks payment from job applicants. Feel free to ask your recruiter for a phone call or other type of communication for an interview, and ensure your communication is coming from a Theory or sister company email address. For added security, where possible, apply through our direct job posting.