Position Overview:
The Senior 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 Senior 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 You'll Do:
- Drives and owns ollaborating in the development of brand, division and category level pre-season, item-level sales and margin plans that align with Duluth's financial goals and open-to-buy targets
- Leads monthly OTB financial plans at division and category level by season, month and week. This includes the tops down and bottoms up reconciliation of brand, category and subcategory to ensure brands and categories ladder up to total coporate financial targets.
- Proactively 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 sales, inventory and profitability.
- Oversees 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.
- Leads in-season product appearances based on inventory availability and needs – which includes promotional recommendations and markdown strategy and execution. Owns communication of risk and opportunities.
- Analyze historical and current trends to identify risks or opportunities and drives strategies with cross-functional leaders to increase sales and achieve business and financial objectives.
- Assumes responsibility for planning data accuracy and proactively troubleshoots with partners to reconcile when necessary.
- 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 by providing solutions, solving problems and acting with a sense of urgency.
- Define new process / SOPs and facilitates trainings and round backs to ensure the team is successful and new tools were properly implemented across all planning teams.
- Lead, recommend, train and implement process changes for the planning team.
- Embraces, leads and promotes new tools, systems and processes that ladder to corporate growth initiatives.
- Team leader that develops direct reports through fostering collaborative, candid and constructive relationships.
- Proactively provides cross functional partners with ad hoc reports and business recommendations based on data driven findings and facts.
- Hire, mentor, and develop direct reports through clear / actionable goals. Able to identify direct report skill gaps and communication and facilitate training needs.
- Ability to identify and develop internal and external talent.
What We're 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
- 7+ years Merchandise Planning experience including 3+ years of experience leading teams and developing direct reports in a planning role
- Demonstrated ability to lead and manage strategy and execution for multiple business areas with a high degree of complexity and change
- Experience transitioning from legacy systems and processes to best-in-class merchandise planning practices
- Demonstrated success leading teams to significant profitable growth stories through analysis, vision, partnership, cross-functional leadership, execution and measurement
- Extensive experience in combination of enterprise planning, financial, forecasting, analytical, data management, demand systems including JDA/Blue Yonder.
- Advanced capabilities in Excel, Microsoft Office Suite and BI software such as Microstrategy, Essbase, PowerBI or equivalent
- Exceptional influence, negotiating and collaboration skills
- Excellent communicator, both written and verbal with emphasis on communicating retail financial concepts and metrics
- Strong financial, business and relational acumen
- Strong organization, process management and workload prioritization skills for self and others
- Ability to concisely summarize complex issues and lead cross-functional solutioning
- Managing for Results – Produces sustainable results consistently. Holds team accountable. Recognizes and resolves complex problems. Understands underlying issues and addresses root causes. Measures, analyzes quantitative information, and presents it effectively. Seeks input from others. Makes timely decisions.
Duluth Headquarters Benefits and Perks
As we continue to grow Duluth Trading Company and its house of brands, the perks have perked up, too. We've 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! Why'd 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: $83,000 to $105,000/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.
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, it's 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 that's hellbent on helping the world to gear up, get its hands dirty, and do.