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Merchandise Planner / Manager (Fashion Retail)
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Merchandise Planner / Manager (Fashion Retail)
Monroe Consulting GroupFresher
- Posted 2 hours ago
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Job Description
Our client, a growing Fashion Retail brand, is seeking a Merchandising Planner / Manager to drive its merchandise planning and commercial performance. This role will be responsible for developing and executing strategic merchandise plans, optimizing product assortment and inventory, and maximizing sales and profitability across the business. The position will work closely across cross-functions to ensure effective product planning, inventory management, and commercial execution.
Job Descriptions:
- Develop and execute merchandise assortment plans and OTBs in partnership with Design and Buying teams, ensuring alignment with customer preferences, brand strategy, and financial objectives.
- Forecast and manage sales, profitability, and inventory performance in collaboration with Product, Sales, eCommerce, Finance, and Supply Chain teams to achieve business targets.
- Monitor inventory levels and product performance, recommending replenishment, markdowns, pricing, and promotional strategies to maximize sell-through and profitability while minimizing excess stock.
- Prepare and present merchandise plans, budgets, forecasts, P&L analysis, and detailed planning reports, including OTB, WISSI, MISSI, style grading, and range plans, with actionable recommendations for senior management.
- Partner with Design, Production, and Warehouse teams on critical path management and inbound receipt forecasting, while incorporating market trends, competitor activity, and customer insights into merchandise planning decisions.
Requirements:
- Seasoned experience in merchandising, merchandise planning, or buying within fashion retail brands, with strong exposure to assortment planning, inventory management, and commercial performance.
- Strong analytical and commercial acumen, with hands-on experience managing sales, margin, inventory, OTB, forecasting, and profitability targets.
- Strong knowledge of fashion merchandising processes, including range planning, WISSI/MISSI, style grading, replenishment, markdowns, pricing, promotions, and product lifecycle management.
- Proven cross-functional collaboration experience, working closely with Design, Buying, Product, Sales, eCommerce, Finance, Production, and Supply Chain teams to execute merchandise strategies effectively.
- Strong strategic thinking and attention to detail, with the ability to turn sales data, customer insights, market trends, and competitor activity into actionable merchandise plans and recommendations for senior management.
More Info
Key Skills
markdowns
style grading
commercial performance
assortment planning
MISSI
WISSI
profitability targets
OTB forecasting
