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Assistant Buy Planner (Hybrid)

Assistant Buy Planner (Hybrid)

Description

Job highlights
Identified by Google from the original job post
Qualifications
1-2 years of experience in retail merchandise planning & optimization, demand forecasting, inventory management, and pricing analysis
Expertise in Microsoft Excel, Work, and PowerPoint
Intermediate knowledge of retail planning
Proper principals and practice of data collection and consolation
Strong communication skills
For the best success in this role, candidates must be analytical, accurate, steady and timely
The ideal candidate will be a problem-solver with strong critical thinking skills who can work with small details as well as the big picture
Those who take initiative and who take pride in high-quality work will succeed in this position
Benefits
Base Pay range for this role is $82,000 to $109,500, which applies to this specific role
Your placement in the range is determined through interviews, a review of experience, knowledge, skills, balanced pay with other team members and alignment with geographic market data.  Home office base pay ranges are based on the Denver market
Beyond Base Pay: Home office positions are eligible for consideration for an annual bonus, based on total company performance
Amounts vary by role and are based on a percentage of eligible earnings for the fiscal year
Beyond Pay
We are committed to investing in your overall, holistic wellbeing and that of anyone who depends on you.  Our benefits and perks include:
Competitive medical, dental, and vision coverage
Competitive 401(k) plan with company match
Paid vacation time, sick time, holidays, volunteer time, and of course things like bereavement time (including for pets)
Protection if you are away from work in many circumstances, such as our company paid extended illness bank, optional long-term disability, and company paid life insurance
Parental benefits including paid parental leave, fertility benefits, and child and adult care Flexible Spending Accounts
Employee Affinity Groups with focus on things like parenting, LGBTQ+, and Grief and Loss
We offer dedicated training specific to your role in our company
We are committed to career growth, whether that means doing your very best and growing in your same role over time or development and growth into a new role
This is self-paced learning and available to all employees
Responsibilities
The Assistant Buy Planner is responsible for the maintenance of inventory and sales plans
Scrutinizing historical performance for areas of opportunity in retail sales, inventory growth or reduction, and increased product margins
The role is responsible for the creation and upkeep of orders
This role reports to the Buy Planner of the specific product area
Assist with monitoring budgets to a subcategory level for each buying group
Investigating causes of inventory, sales and margin discrepancies and reporting findings to individual Merchants and Buy Planner
Assist in creation of planner-generated weekly reporting to ensure timely execution of adjustments to inventory purchasing, pricing, and assortment
Assist with summarizing and analyzing actual performance against plan, on a weekly, quarterly and annual basis, highlight in-season adjustments to original plan
Assists with analyses of historical data and current trends to identify areas of opportunity and risk by area
Assists with adjusting inventory plans based on minimum assortments, working with merchandise buying team to account for display, back-stock, and unique style requirements
Assists with timely review of current inventory conditions at individual stores versus customer service metrics, identification of issues impacting overall customer service objectives, and resolving issues through allocation/rebalancing and re-prioritization of processing flow where possible
Assists in maintaining unique assortment of each specific market to target the needs of customers
Assists in identifying underperforming articles and propose discontinuing, markdown, or scrapping
Suggest purchasing requirements (net need) and potential replenishment opportunities
Review minimum quantities of each specific primary hierarchy and escalate suggestions to Buy Planner
Responsible for monitoring the current turn percent for each primary hierarchy and identifying items that fall out of the company range
Considerable business is conducted using the telephone and computer technology
This role is expected to be on-site in Home Office 1-2 days per week on an ongoing basis
Note that all hybrid and remote work conditions are covered in the Company’s current Remote Work Policy and Remote Work Agreement, incorporated here by reference
Travel may be required to stores, conferences or events up to 5% of the time
Job description
Overview

The Assistant Buy Planner is responsible for the maintenance of inventory and sales plans. Scrutinizing historical performance for areas of opportunity in retail sales, inventory growth or reduction, and increased product margins. The role is responsible for the creation and upkeep of orders. This role reports to the Buy Planner of the specific product area.

Responsibilities
• Assist with monitoring budgets to a subcategory level for each buying group. Investigating causes of inventory, sales and margin discrepancies and reporting findings to individual Merchants and Buy Planner.
• Assist in creation of planner-generated weekly reporting to ensure timely execution of adjustments to inventory purchasing, pricing, and assortment.
• Assist with summarizing and analyzing actual performance against plan, on a weekly, quarterly and annual basis, highlight in-season adjustments to original plan.
• Assists with analyses of historical data and current trends to identify areas of opportunity and risk by area.
• Assists with adjusting inventory plans based on minimum assortments, working with merchandise buying team to account for display, back-stock, and unique style requirements.
• Assists with timely review of current inventory conditions at individual stores versus customer service metrics, identification of issues impacting overall customer service objectives, and resolving issues through allocation/rebalancing and re-prioritization of processing flow where possible.
• Assists in maintaining unique assortment of each specific market to target the needs of customers.
• Assists in identifying underperforming articles and propose discontinuing, markdown, or scrapping.
• Suggest purchasing requirements (net need) and potential replenishment opportunities.
• Review minimum quantities of each specific primary hierarchy and escalate suggestions to Buy Planner.
• Responsible for monitoring the current turn percent for each primary hierarchy and identifying items that fall out of the company range.

Qualifications
• 1-2 years of experience in retail merchandise planning & optimization, demand forecasting, inventory management, and pricing analysis.
• Expertise in Microsoft Excel, Work, and PowerPoint.
• Intermediate knowledge of retail planning.
• Proper principals and practice of data collection and consolation.
• Strong communication skills.

Behavioral Characteristics

For the best success in this role, candidates must be analytical, accurate, steady and timely. The ideal candidate will be a problem-solver with strong critical thinking skills who can work with small details as well as the big picture. Those who take initiative and who take pride in high-quality work will succeed in this position.

Work Environment

The primary environment for this role is a combination of an open office and a remote workplace. Considerable business is conducted using the telephone and computer technology. This role is expected to be on-site in Home Office 1-2 days per week on an ongoing basis. Note that all hybrid and remote work conditions are covered in the Company’s current Remote Work Policy and Remote Work Agreement, incorporated here by reference. Travel may be required to stores, conferences or events up to 5% of the time.

Why Work for Shane Co.?

Base Pay range for this role is $82,000 to $109,500, which applies to this specific role. Your placement in the range is determined through interviews, a review of experience, knowledge, skills, balanced pay with other team members and alignment with geographic market data.  Home office base pay ranges are based on the Denver market . We target most new hire offers toward the lower end of the listed range, but more demonstrated experience, knowledge and skills may result in a higher starting rate.

Beyond Base Pay: Home office positions are eligible for consideration for an annual bonus, based on total company performance . Amounts vary by role and are based on a percentage of eligible earnings for the fiscal year.

Beyond Pay
• We are committed to investing in your overall, holistic wellbeing and that of anyone who depends on you.  Our benefits and perks include:
• Competitive medical, dental, and vision coverage.
• Competitive 401(k) plan with company match.
• Paid vacation time, sick time, holidays, volunteer time, and of course things like bereavement time (including for pets).
• Protection if you are away from work in many circumstances, such as our company paid extended illness bank, optional long-term disability, and company paid life insurance.
• Parental benefits including paid parental leave, fertility benefits, and child and adult care Flexible Spending Accounts.
• Employee Affinity Groups with focus on things like parenting, LGBTQ+, and Grief and Loss.
• We offer dedicated training specific to your role in our company.
• We are committed to career growth, whether that means doing your very best and growing in your same role over time or development and growth into a new role. We offer training toward advancement, specifically in the area of management and leadership for all levels. With stores in multiple markets, moving with the company is also possible.
• We offer internal learning that covers both career and personal topics, from skills like excel to photography. This is self-paced learning and available to all employees.

Employer will not sponsor visa or work authorization.
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Company Name: Shane Co.

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