Job Description

About







Macy\xe2\x80\x99s is proudly America\xe2\x80\x99s Department Store. For more than 160 years, Macy\xe2\x80\x99s has served generations at every stage of their lives. Customers come to us for fashion, value and celebration.
Macy\xe2\x80\x99s Merchandising curates the best national and private brands to support our customer\xe2\x80\x99s self-expression from off-price to luxury. Merchandising ensures Macy\'s is the premier fashion authority using a high acumen for products and trends as well as strong relationships with vendors in the marketplace. Our team maximizes sales and gross margin for each product category by identifying, procuring, and assorting the products that our customers demand.
Do you have an eye for products and trends? Join Macy\xe2\x80\x99s Merchandising and create connections that surprise and delight our customers at every turn.




Job Overview






The Associate, Merchandise Planning is responsible for setting financial targets for sales, margin, and receipts by channel and department. Associates will drive bottom-up merchandise financial plans that align with Buyer\xe2\x80\x99s category strategies. In-season, they are responsible for maintaining rolling forecasts at the department(s) level and working with the Buyer to manage the business. Associates will also work with Inventory Managers to review product flow and mitigate risks. Perform other duties as assigned.




Essential Functions

• Translate top-down GFOB & Division financial targets to Department-level.
• Partner with Buyers to develop a monthly Department-level bottom-up build with a focus on sales, margin, and turn consistent with the category strategy.
• Develop in season Rolling Operating Forecast for sales, margin, and inventory.
• Gather input from Buyers and Inventory Managers to maintain weekly inventory forecast, including vendor-specific shipping updates.
• Supports assigning stores to division/department volume clusters.
• Manage department-level OTB in partnership with Buyers.
• Review business performance by channel, focusing on highlights and opportunities.
• Understand the current inventory level and evaluate ROF based on BOM, receipts, and EOM plan.
• Evaluate opportunities and risks of adjusting core parameters, allocations, markdowns and promotions in order to achieve sales margin, and inventory objectives.
• Develop action plans with buyers to achieve financial targets.
• Build and maintain store clusters at Department level and above to tie back to financial plans.
• Regular, dependable attendance and punctuality.

Competencies

• We encourage candidates with either a bachelor\xe2\x80\x99s degree or equivalent work experience in a related field to apply.
• 3-5 years direct experience.
• 4+ years in Financial or Merchandise Planning.
• Financial acumen.
• Forecasting analysis.
• Inventory optimization.
• ROF/OTB management.
• Ability to identify and quantify risks and opportunities.
• Practices open and continuous communication, values keeping others informed, effectively presenting information in a clear, concise manner.
• Excellent leadership, facilitation, and interpersonal skills, with the ability to work across functional lines and at many levels.
• Ability to think creatively, strategically and technically.
• Ability to work a flexible schedule based on department and Company needs.
• Knowledge of MS Office computer programs are required.

This position may be eligible for performance-based incentives/bonuses. Benefits include 401k, medical/vision/dental/life/disability insurance options, PTO accruals, Holidays, and more. Eligibility requirements may apply based on location, job level, classification, and length of employment. Additional benefit details are available at macysJOBS.com.