Position Overview:
The Merchandise Planner is responsible for development and execution of financial plans and forecasts at category, subcategory, product and SKUs that support merchandise strategies and initiatives. The Merchandise Planner is responsible for the bottoms up validation of the end-to-end business process from pre-season strategies all the way through to in-season OTB management.
Position Details:
Work Environment:
At Duluth Trading Company, we value face-to-face interactions that foster our culture of learning, creativity, and teamwork. The role is based at our headquarters near Madison, WI. You will work in the office Monday through Thursday, with the option to work remotely from home on Fridays if you prefer.
What Youll Do:
- Collaborate in the development of brand, division and category level pre-season, item-level sales and margin plans that align with Duluths financial goals and open-to-buy targets
- Maintains monthly OTB financial plans at division, category and subcategory level by season, month and week. This includes the tops down and bottoms up reconciliation of brand and category to ensure brands and categories ladder up to total coporate financial targets
- Monitors and tracks changes to sales and OTB levels and reports on the risk / impact to merchandising strategies and key KPIs / provides solutions to get categories and brands back on track to hit key KPIs
- Strong financial acumen with ability to analyzes and identify selling trends, taking action to maximize selling potential and minimize risk to inventory, profitability and overstocks
- Ensure the team adheres to monthly forecast review cadence by reforecasting in season and aligning with merchant and inventory partners on sales, margin, markdowns, receipts, and inventory related actions
- Owns preparation and presentation for key business reporting meetings such as weekly sales meetings, early commit meetings and business reviews. This includes the ability to clearly articulate the why behind the numbers and key actions to hit seasonal KPIs
- Proactively seeks out subject matter experts to continue to learn and grow and takes action on feedback
- Acts as a champion of change management and process improvement through implements new tools, ideas, and ways of thinking to create team efficiencies
- Manages in-season product appearances based on inventory availability and needs which includes managing products through end of life and driving a profitable markdown strategy and execution
- Analyze historical and current trends to identify risks or opportunities and recommend and drive strategies with cross-functional leaders to increase sales and achieve business and financial objectives
- Owns accurate data in the systems and provides reporting as needed
- Partners with merchandising and inventory on color and size mix % and uses historical selling analysis to help determine appropriate mix
- Ability to build strong relationships with internal and external partners and is seen as a trusted leader
- Embraces new systems and processes that ladder to corporate growth initiatives
- Help provide cross functional partners with ad hoc reports and business recommendations based on data driven findings and facts
- Ability to identify and develop internal and external talent
What Were Looking For:
- 4 Year Degree and/or minimum 5 years of inventory management and/or inventory planning/forecasting experience
- Equivalent work experience would be considered
- Experience in a leadership role, developing and executing strategy and managing people
- Planning and Forecasting system experience
- Reporting tools experience, as well as Microsoft Excel proficiency
- Outstanding problem solving and change management skills
- Leadership skills, ability to guide teams to actions
- Coaching and management skills, ability to develop direct reports
- Quantitative analytical skills, ability to form conclusions using numerical data
- Systems aptitude, knows how and when to use systems to make decisions
- Technical knowledge, understands forecasting definitions and formulas
- Sense of ownership, approaches company business as if it were their own
- Sense of urgency, proactive identification of opportunities and risks
- Global view of company and business, as well as strategic initiatives
- Project management skills, ability to balance forward looking and day to day
Duluth Headquarters Benefits and Perks
As we continue to grow Duluth Trading Company and its house of brands, the perks have perked up, too. Weve boosted an already impressive benefits package to include: 12-week full-pay parental leave, paid holiday time for the important observance of Martin Luther King Jr. Day and Juneteenth, and more! Whyd we go all out? Because our pursuit of a better way means that when it comes to great talent, better perks are a given.
Compensation Range: $64,000 to $85,000/year
Compensation is based on several factors including but not limited to education, work experience, certifications, etc.
The responsibilities outlined in this position description are a guideline for the general duties of the position and are not exhaustive of all duties inherent in the job. Duluth Trading Company is an equal opportunity employer.
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About Duluth Trading Company:
Started in 1989, Duluth Trading Company exists to enable hard-working individuals to take on life with their own two hands. Folks that revel in doing it the hard way and celebrate finding a better way. We seek talented individuals who share these beliefs and are excited to further the Duluth Trading legacy with a digital-first mindset, always moving forward and always innovating.
From ingenious Duluth workwear, to comfortably capable Buck Naked Underwear, to outside-embracing AKHG, its all about the innovative gear and gadgets that equip customers for a more hands-on way of life.
Top-notch quality, immersive storytelling, outstanding customer service, and the shared belief that the go-all-in-and-dig-deep spirit exists with everyone are what sets Duluth Trading Co. apart. We seek talented folks looking to be part of a can-do team thats hellbent on helping the world to gear up, get its hands dirty, and do.