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Merchandise Planner, Domestic Upholstery + Fabric Sourcing

Company: LIVING SPACES FURNITURE LLC
Location: La Mirada
Posted on: March 17, 2020

Job Description:

Living Spaces is a growing home furnishing brand and we continue to open new locations. We know in order to stay current with the times and trends, we have to perpetually update our look and selection. What has truly sustained our growth - from 1 to over 20 locations, from 100 employees to over 2,000, from a humble home furnishings store to a widely recognized and respected lifestyle brand - are the talented individuals who have taken us there. We are looking for innovative, driven, and passionate professionals to join our team so we can reach even greater heights together.
We believe that a great team member experience leads to an even better guest experience. That is why we place a huge emphasis on building a great culture within our teams. Our ideal candidate will have natural talent: meaning, they possess the capacity and commitment, along with an openness to being coached around skills that will ensure they delight and exceed the expectations of our guests in all areas of Living Spaces business. We also believe in our team members taking ownership of their performance and how that contributes to the overall success of their role.
The Merchandise Planner will collaborate with product managers as well as cross-functional business partners to drive financial results in maximizing sales, inventory levels and profitability. Will collaborate with the product mangers to create assortment plans and determine order quantities, leveraging historical data and incorporating merchandise strategies and trends.
Essential Duties and Responsibilities include the following. Other duties may be assigned.

  • Participate with Pre-Season Planning
  • Develop merchandise plans utilizing history, sales trends and market information to ensure accurate forecasting and inventory levels
  • Leverage historical data to identify key learnings around product, pricing, and inventory and apply learnings to future seasons
  • Open-to-buy Management: sales planning bottoms up/tops down, gm%, inventory, turn, and GMROI
  • Forecast fabric of the Universal Handle Program for Local Furniture factories and Fabric Mills
  • Reconcile fabric forecasts with Item level forecasts
  • Track Fabric in-stocks to help
  • Plan exits of unused fabrics remaining
  • Manage Mins across multiple DCs to fulfill 95% service levels
  • Work closely with Living Spaces Manufacturing Factory on financial planning, inventory management and production ability
  • Responsible for forecasting and communicating Special-Order upholstery selling
  • Partner with Allocation manager, Logistics and DC team to strategize inventory receipts before peak seasons
  • Develop and maintains weekly/monthly/weekly merchandise reports
  • Analyze and assess the sales performance of product categories; revise in-season plans accordingly to maximize sales and profitability
  • Ensure planning and forecasting accuracy through knowledge of specific geographic store attribute performance through data analysis
  • Develop strong cross-functional partnerships with Merchandising, Store teams, Marketing, Visual and others to drive business results.
  • Oversee pricing strategies, including promotions and markdowns
  • Develop forecasts for new SKUs and strategize assortments from a financial perspective
  • Act as a mentor to help develop Associate Merchandise Planners to build knowledge, skill, and ability
    Qualifications Education/Experience: Bachelor's degree (B. A. or B. S.) or equivalent from four-year college in merchandising or a business related field. 5+ years of experience in retail merchandise planning. Equivalent combination of education and experience will be considered.
    Computer Skills: To perform this job successfully, an individual must be proficient in MS Office products including Office 365 and Word. Strong proficiency in MS Excel.
    Equal Opportunity EmployerIt is our policy to abide by all federal, state, and local laws prohibiting employment discrimination based solely on a person's race, color, religious creed, sex, national origin, ancestry, citizenship status, pregnancy, physical disability, mental disability, age, military status, or status as a Vietnam-era or special disabled veteran, marital status, registered domestic partner or civil union status, gender (including sex stereotyping and gender identity or expression), medical condition (including but not limited to, cancer related or HIV/AIDS related), sexual orientation, or any other protected status except where a reasonable, bona fide occupational qualification exists.

Keywords: LIVING SPACES FURNITURE LLC, La Mirada , Merchandise Planner, Domestic Upholstery + Fabric Sourcing, Other , La Mirada, California

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