Merchandise Planning Assistant
New York, NY, United States
Full time Schedule
$53,520 to $89,160 Annual*
* based on job, location, and schedule
Bring Your Amazing Self to Work
At Macy's, Inc. we're on a mission to create a brighter future with bold representation for all. This is our Mission Every One. We know that each person here is unique. So we respect and invest in each individual to create growth, pride, and satisfaction. If we are able to bring our whole selves to work, it translates into a more abundant and wider array of ideas and energy for all to benefit from. Our success will be built on amazing colleagues, working together.
Job Overview
The Assistant, Merchandise Planning will assist in developing and executing merchandise strategies to achieve financial targets. They are responsible for analyzing sales data and trends for forecasting, developing seasonal merchandise plans and assortment strategies and monitoring inventory levels and sell- through rates.
What You Will Do
- Analyze historical sales data, current trends, and market information to forecast future sales and demand.
- Assist in developing seasonal merchandise plans and assortment strategies in collaboration with cross-functional teams, including buying, marketing, and inventory management.
- Monitor inventory levels and sell-through rates, identifying risks and opportunities to optimize stock levels and minimize excess inventory.
- Generate and maintain regular reports on sales performance, inventory metrics, and key performance indicators (KPIs) to track progress against targets.
- Conduct competitive analysis and market research to identify emerging trends and opportunities for growth.
- Assist in the creation and maintenance of merchandise financial plans, including sales, margin, and inventory targets.
- Support ad-hoc analysis and projects as needed.
Skills You Will Need
Communication Skills: Strong communication, storytelling, and presentation skills to effectively convey information to stakeholders.
Independence and Adaptability: Capability to work independently with minimal supervision and adapt to a flexible schedule based on department and store/company needs.
Demand Forecasting and Optimization: Proficiency in demand forecasting and inventory optimization techniques.
Hold and Flow Optimization: Experience in optimizing and executing hold and flow strategies for inventory management.
Risk Management: Ability to manage risk optimization and service levels effectively.
Analytical and Problem-Solving Skills: Strong analytical skills, including trend and pattern recognition, and the ability to solve problems efficiently.
Strategic Planning: Proficiency in effectively planning and executing strategies to achieve objectives.
Issue Recognition and Resolution: Capability to recognize issues and address them directly, ensuring smooth operations.
Who You Are
- Dedicated to fulfilling ideals of diversity, inclusion, and respect that Macy’s aspires to achieve every day in every way.
- Candidates with a Bachelor’s degree or equivalent work experience in a related field are encouraged to apply. 1-2 years of financial or inventory management experience.
- Regularly required to sit, talk, hear; use hands/fingers to touch, handle, and feel. Occasionally required to move about the workplace and reach with hands and arms. Requires close vision.
- Able to work a flexible schedule based on department and company needs.
What We Can Offer You
- An inclusive, challenging, and refreshingly fun work environment
- Competitive pay and benefits rooted in principles of equity
- Performance incentives and annual merit review
- Merchandise discounts
- Health and Wellness Benefits across medical, dental, vision, and additional insurance
- Retirement Savings Plan with 401k match opportunity
- Employee Assistance Program (mental health counseling and legal/financial advice)
- Resources for continuous learning, career growth, and leadership development
- 8 paid holidays
- Paid Time Off (first year prorated depending on start date)
- Tuition reimbursement program
- Guild education benefit funds 100% of tuition, books, and fees in designated programs
- Colleague Resource Groups (CRGs) and give-back/volunteer opportunities
- Empowerment and autonomy to perform impactful work with tangible results
About Macy’s
Now is an exciting time for a Macy's career as we continue to focus on creating exciting and memorable experiences for every Macy's customer, whether their journey starts online or in the store. Our opportunities in Sales, Merchandise, Operations, Customer Service, Warehouse, Marketing, and other areas let you express your creativity and commitment to excellence, grow your career and make a difference to your Macy's colleagues and customers.
