MERCHANDISE ASSISTANT
Our client is a great mix of fashion and creative. They embrace creative ideas and diverse candidates. They're looking for an analytical and driven Merchandise Assistant to support a great department store.
Salary/Hourly Rate: $12-16 per hour
Position Overview: The Merchandise Assistant is responsible for the strategic direction of inventory based on analysis of store financials, historical data, and current market trends.
Responsibilities:
- Develop and present seasonal merchandise plans with all financial metrics at the department, class, and style level. Elements include retail, cost and unit sales, margin, and inventory.
- Re-forecast business in-season. Prepare and present for monthly OTB meetings – sales forecast, inventory, current, and future season diagnosis, identify opportunity as well as risk.
- Analyze historical data and current trends on a weekly basis to identify opportunities and risks by classification, style, and store.
- Recap monthly and quarterly hindsight by classification and style against plan and last year to advise on go-forward trends.
- Develop and oversee markdown strategies that tie to gross margin objectives on a weekly and seasonal basis.
- Strategize, develop, and present seasonal key item plans and collections that support sales and GM goals.
- Participate in all aspects of line building process with Merchandising and Allocation partners.
- Participate in developing process that build efficiencies and streamline work.
Qualifications:
- Bachelor’s degree, 1-2 years of Merchandise or related financial/analytical experience
- Must have experience working at a vertical retailer
- Business analysis and strategic/innovative thinking skills
- Able to organize and prioritize workload to meet deadlines
- Proficient with Microsoft Excel, Arthur Planning experience a plus.
- Expert command of retail math concepts
- Strong analytical, verbal, and written communication skills
- Ability to work productively in a team environment and prioritize multiple projects.
Education Requirements: B.A
Benefits: Medical, Vision, Dental and 401k