Retail Planner

Company: 5.11 Tactical
Location: Costa Mesa
Posted on: March 16, 2023

Job Description:

The Retail Planner is a trusted partner to support the 5.11 Retail financial strategy. This key role will identify and provide analysis on important business opportunities and possible risks within the channel. The planner will work with buying and allocation to ensure end-to-end strategy execution and merchandise line productivity. Serving as the bridge between Merchandising and Supply Chain, they will create a financial link between these two essential groups and have a heavy influence in important decisions from a financial strategy standpoint.

Responsibilities

• Manage and maintain channel OTB across all categories to ensure optimal performance is achieved by month, quarter, and year, while managing to plan goals and inventory investment
• Determine ship from store inventory levels needed to support ecommerce sales while protecting retail store in stocks.
• Review monthly forecasts and reconcile against plans.
• Manage in-season profitability to achieve or exceed seasonal performance
• Collaboration with Retail Merchants to develop customer segment productivity targets, establish store ranks, volume bands and new store inventory targets.
• Collaborate with Retail Merchants to manage product lifecycle/exit strategies, recommending items for clearance and controlling aged inventory
• Perform analysis on seasons' financial and assortment performance to develop next seasons' inventory plans
• Recap and analyze actual sales/inventory results - quantify in-season risks and opportunities and make recommendations to merchant teams and management
• Develop and maintain reporting tools including, Out of Stock, Never Out of Stock, Sell Thru, Top 50 and Ladder Plans.
• Perform analysis on seasons' financial and assortment performance to develop next seasons' inventory plans
• Assist merchants with assortment planning by providing lookback analysis and recommendations on seasonal product launches.
• Coordinate cross-functional research activities to reconcile significant variances and refine the forecast model to reflect updated sales and marketing assumptions
• Job duties may change at any time due to business needs
  
  QUALIFICATIONS
  
  • Bachelors' degree in retail, marketing or finance preferred.
  • 3-5 years work experience in retail planning, buying or merchandising required
  • Strong problem solving and analytical skills
  • Advanced business knowledge of retail and merchandising concepts
  • Comfortable with trend analysis and problem-solving skills
  • Strong analytical and quantitative skills; proficient with MS Excel.
  • Strong communication skills including the ability to work in a team environment
    
    OUR VALUES:
    
    At 5.11 we embrace a high energy culture built upon our values of Service, Unity, Impact and Tenacity.
    
    Service - At 5.11, we wear our passion for service on our sleeves: it is an honor to serve those who serve and people of all walks of life. With humility and great respect for our consumers and our roots, we take pride in our brand and engage with our communities. By championing the needs of our consumer we fulfill the mission of a lifetime.
    
    Unity - We build together-as one, global 5.11 family. Our individual abilities and diverse perspectives strengthen outcomes. We collaborate, taking a holistic view and listening actively. By communicating with intention, care and clarity, we empower each other to reach new heights.
    
    Impact - We have big ambitions and they start and end with our consumer. With them in mind, we innovate for impact-we think big, think creatively and challenge norms. We foster curiosity and iterate, relentlessly pursuing solutions. For ultimate impact, we drive to disrupt for good.
    
    Tenacity - We are tenacious in our pursuits and accountable to each other. This builds trust and the confidence to rise to any challenge. We have the courage to take risks and, no matter the outcome, we flex and adapt, always having each other's backs. We persist-determined to Always Be Ready.
    
    Pay Range: $70,000- $80,000 plus bonus
    
    5.11 Tactical offers a best-in-class benefits program including: medical, dental and vision insurance; a 401(k) program with employer match; employer-paid basic life and AD&D insurance. Additionally, employees can choose from several voluntary benefits including: Hospital Indemnity/Accident insurance; Flexible Spending Account/Health Saving Account; Employee Assistance Program; Paid Time Off/Paid Holidays/Sick Time; Casual Dress Code; and Employee Discounts.
    
    *If you are a regular full-time employee working at least 30 hours per week, you and your eligible dependents may participate in 5.11's benefits program.*
    
    
    
    Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
    
    
    
    The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information. 41 CFR 60-1.35(c)

Keywords: 5.11 Tactical, Costa Mesa , Retail Planner, Hospitality & Tourism , Costa Mesa, California