Stein Mart

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Job Details

Planner

at Stein Mart

Posted: 6/2/2019
Job Reference #: 25616

Job Description

  • Posted Date3 weeks ago(5/31/2019 11:12 AM)
    Job ID
    2019-25616
    Street
    1200 Riverplace Blvd.
    Division
    Corporate
    City
    Jacksonville
    Department
    Merchandising/Buying/Planning - Planning
    State
    FL
    Organizational Level
    Semi-Monthly Salary Paid Associate
    Zip
    32207
    Position Status
    Regular Full-Time
    Location : Location
    US-FL-Jacksonville
  • Overview

    We are…

    Stein Mart is a national off-price retailer offering designer and name-brand fashion apparel, home décor, accessories, and shoes at everyday discount prices. Stein Mart provides real value that customers love in over 280 stores across the United States and online. Apply today and join the team!

    At Stein Mart, our purpose is to inspire our customers to look and feel special while saving money. Six values support our purpose, guide our behavior and smartly move us along our path to accomplishing our goals. Embracing this purpose and demonstrating these values will bring out the best in us every day and our customers will feel special every time they interact with us.

    We value...

    Hospitality

    We are welcoming, friendly and look for ways to make you feel special

    High Standards

    We are accountable for our actions and challenge ourselves to proactively improve

    Urgency

    We move with speed and purpose to achieve success

    Caring

    We are kind and concerned for the well-being of every person

    Bold

    We are empowered to be innovative and resourceful

    Simplicity

    We make things easy for people to shop and work with us

    Planners are responsible for the overall financial direction of a category or department(s) with the goal of meeting/ exceeding sales, margin and inventory productivity targets. Planners are primarily responsible for developing seasonal merchandise financial plans, identifying and planning replenishment items, developing and managing to allocation strategy, and supporting the Buyer with a department(s) open to buy. Planners also work with Buyers in assortment and buy planning by facilitating layering of assortments and validating the integrity of initial allocation volumes. In-season, Planners provide in-depth analysis of product performance and make recommendations to maximize business opportunities.

    Responsibilities

    • Develop merchandise financial plans, vendor or class as appropriate
    • Provide analytical inputs in order to collaborate with the Buyer in merchandise strategy planning, assortment planning and buy planning processes
    • Develop replenishment budget and provide analytics required for planning and managing replenishment items
    • Analyze and revise sales, margin, turn and open-to-buy/ forecast performance against pre-season strategies and goals
    • Partner with the Buyer to provide forecasts in the open-to buy process in order to manage business in season and maximize opportunities
    • Reforecast replenishment budget to inform Open-to-Buy
    • Reconcile merchandise plans against top-side goals and assortment plans
    • Oversee the development of allocations by store and replenishment analysis/forecasting
    • Oversee style/SKU count analysis
    • Develop and maintain vendor matrix
    • Allocate purchase orders when necessary and analyze store inventory levels to optimize sales and profitability
    • Provide overall point of view on store inventory and performance and take action where needed to support sales
    • Build a high quality planning team by developing partnerships, leading, coaching and providing constructive feedback
    • Communicate with vendors as needed
    • Possesses strong retail math and analysis skills. Ability to analyze large amounts of data
    • Demonstrates strong analytical and problem solving skills
    • Is highly organized and able to multitask
    • Builds and maintains productive relationships with peers and members of the merchant team to achieve strategic goals
    • Demonstrates leadership and decision-making skills
    • Takes calculated risks to achieve results with partnership
    • Demonstrates strong listening, written and oral communication skills
    • Analyzes business to the lowest level to identify opportunities in sales, inventory, and margin by store, department, and class
    • Reacts to business trends in a timely and efficient manner
    • Adapts to shifting circumstances in a business environment
    • Maintains professionalism in work relationships and habits
    • Provides direction, counseling and coaching to staff
    • Develops creative solutions to business issues
    • Works effectively with staff and management to achieve sound financial and merchandising solutions based on analysis, input and experience
    • Communicates effectively with stores and vendors

    • External Relationships:
    • Key vendors
    • Internal Relationships:
    • GMM
    • Group Planning Manager
    • DMM
    • DVP of Planning
    • Planner
    • Associate Planner
    • Associate Buyer
    • Assistant Buyer
    • Assistant Planner
    • Ecomm Web Merchant
    • Store Leadership

    Qualifications

    Education & Experience

    • Bachelors degree strongly preferred
    • 4-7 years of retail experience; 2-3 in merchandise or financial planning
    • Proficient in business-related computer software (Microsoft Windows, Word, Excel, etc.)
    • Experience with Oracle Merchandise Planning and E3 replenishment preferred

    Physical

    • Available and able to travel
    • Able to see and distinguish colors
    • Able to lift up to 25 pounds

    Reports Directly to:

    DVP Planning or Group Planning Manager (where applicable)