Merchandise Planner

Hey there! Are you a fashion-forward, analytical individual with a passion for retail? Urban Outfitters is currently seeking a talented Merchandise Planner to join our team! As a Merchandise Planner, you will play a crucial role in driving sales and profitability by strategically planning and managing our product assortment. We are looking for someone with strong analytical skills, excellent communication, and a keen eye for trends and forecasting. If you thrive in a fast-paced, dynamic environment and have a love for all things fashion, then we want to hear from you! Read on for more details about this exciting opportunity.

1. Develop and execute merchandise plans that align with the company's overall sales and profitability goals.
2. Conduct thorough market and trend research to identify key product categories and determine optimal assortment mix.
3. Analyze historical sales data and current market trends to make informed decisions about product assortment, pricing, and inventory levels.
4. Collaborate with cross-functional teams, including buying, marketing, and operations, to ensure alignment and maximize sales opportunities.
5. Create and maintain accurate sales forecasts and inventory plans, adjusting as needed to meet changing market conditions.
6. Monitor inventory levels and make recommendations for markdowns, promotions, and reorders to maximize sales and minimize excess inventory.
7. Develop and maintain strong vendor relationships to negotiate favorable pricing and payment terms.
8. Communicate regularly with buying team to provide updates on sales performance, inventory levels, and any potential risks or opportunities.
9. Prepare and present merchandise plans and strategies to senior management, including recommendations for future product assortments.
10. Stay up-to-date on industry trends, competitors, and customer preferences to inform merchandise planning decisions.
11. Train and mentor junior merchandise planners, providing guidance and support in developing their analytical and planning skills.
12. Ensure all merchandise planning processes and procedures are followed accurately and efficiently.
13. Continuously evaluate and improve merchandise planning strategies and processes to drive sales and profitability.
14. Adhere to budget and financial targets set by senior management.
15. Collaborate with store teams to ensure effective execution of merchandise plans at the store level.

According to JobzMall, the average salary range for a Merchandise Planner in Philadelphia, PA, USA is between $60,000 and $80,000 per year. This can vary depending on factors such as experience, education, and the specific company or industry the planner is working in. Some higher-level or more experienced merchandise planners may earn salaries upwards of $100,000 per year.

Urban Outfitters, Inc. is a multinational lifestyle retail corporation headquartered in Philadelphia, Pennsylvania. It operates in the United States, Sweden, United Kingdom, Spain, Denmark, France, Germany, Ireland, Belgium, Canada, Italy, the Netherlands, Israel and Pakistan.