Savage X Fenty

Merchandise Planner

Savage X Fenty El Segundo, CA

Pay found in job post

Retrieved from the description.

Base pay range

$105,000.00/yr - $110,000.00/yr
Job Description

Savage X Fenty is currently hiring for a Merchandise Planner.

As a Merchandise Planner, you will work closely with cross-functional partners in the creation and management of merchandise sales, gross margin and inventory plans at the department and class level for our retail business.

 The ability to multi-task and prioritize will be important to the success of this role.  Strong communication, attention to detail, and the ability to work in a fast-paced environment is required.

The role is critical to the growth of Savage X Fenty and will play an intricate role in the Planning department as well as work closely with the Merchandising, Marketing, Production and Finance teams.

This position will report to the Sr. Director, Planning.

What You Will Do

  • Develop and maintain annual, seasonal, and monthly merchandise plans for multiple product categories
  • Manage the financial success of the business by meeting sales goals and maintaining healthy inventory levels
  • Present recommendations and other analysis to leadership related to driving short term and long term business goals
  • Provide insights and recommendations to key stakeholders for future season planning
  • Develop effective promotional strategies to optimize inventory productivity and maintain healthy turn
  • Maintain daily, weekly and monthly sales performance reports
  • Actualize and reforecast item level plans for our core program to ensure the flow of inventory supports the current and future business
  • Identify risks and opportunities regarding the in stock inventory position by size in retail stores
  • Develop and maintain effective working relationships with cross functional team members
  • Additional ad hoc projects and responsibilities as required to support the Planning and Merchandising teams

What You Can Bring

  • Bachelor’s degree, business/finance degree preferred
  • 3-5 years of merchandise planning or inventory management experience
  • Understanding of advanced retail principles: Retail Math and Sales/Inventory KPIs and the levers needed to achieve desired results. Ability to transform analysis into actionable recommendations and turn data into a clear and concise story.
  • Advanced proficiency in Microsoft Excel; knowledge of Blue Yonder and Tableau a plus, but not required
  • Self-motivated, ability to multitask and work well under pressure
  • Great interpersonal skills, a positive attitude, and the ability to thrive in a fast-paced environment
  • Comfort in presenting and defending planning strategies to executive leadership & cross functional team

Compensation, Benefits & Perks (Total Rewards) 

At Savage X Fenty, we believe work and life should fit together! We continue to build a culture of flexibility to empower you to do your best and put yourself first. Our Total Rewards Program rewards employees for their hard work, supporting their health, well-being, families, and ultimately their life journey. 

Total Rewards at Savage X Fenty include: 

  • Hybrid Work Schedule
  • Discretionary Paid Time Off
  • Summer Fridays  
  • Healthcare Plans  
  • Calm App Subscription 
  • Employee Discounts  
  • 401K Plan 
  • Annual Discretionary Bonus Plan 
  • Equity Incentive Plan 
  • And More  

The annual base salary range for this position is from $105,000-110,000. Offers to candidates are expected to fall within this range and will depend on the scope and complexity of the role, work experience, subject matter expertise, work location and other relevant factors.

Savage X Inc. is an equal opportunity employer. We recruit, employ, compensate, develop, and promote regardless of race, national origin, religion, sex, sexual orientation, gender identity, age, disability, genetic information, veteran status, and other protected status as required by applicable. At Savage X Inc., we champion a vibrant workplace culture that thrives on diversity law and do not tolerate discrimination or harassment. We are one team from many backgrounds, innovating through diversity of individuals, who are driven by passion for creating an inclusive space for all. Savage X Inc. will continue to champion a workplace culture that prizes diversity and inclusivity.

We encourage you to apply regardless of meeting all qualifications and/or requirements.

  • Seniority level

    Mid-Senior level
  • Employment type

    Full-time
  • Job function

    Marketing and Sales
  • Industries

    Retail Apparel and Fashion

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