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Planner - Retail

SKIMS is looking for a skilled Planner to drive the successful execution and communication of sales and inventory management that supports the financial plan. 


The Planner will support strategic merchandise plans and targets for select categories within our ecommerce business to maximize sales, optimize inventory, and increase margin through the analysis of historical sales trends, current in-season patterns, and future forecasts.  They will own style level buy planning and in-season inventory management within their categories.

 

The ideal candidate will have outstanding drive, critical thinking and problem-solving skills, a strong skillset in Excel, ability to use data to drive decision making, and communicate effectively to inform business partners of opportunities and risks.  They will have experience with inventory planning and buying processes for an apparel business or similar.  Ability to be flexible, multi-task, and prioritize under tight deadlines are crucial.  Enthusiasm for the brand and a positive outlook would round out the ideal candidate.

 

Responsibilities include, but are not limited to:

·       Analyze sales, inventory, and ecommerce data on a weekly, monthly, and quarterly basis and prepare thoughtful recommendations that can be discussed and implemented cross-departmentally to immediately impact the business.

·       Create, update, and publish informative and clear recaps on the designated product categories on a weekly and monthly basis for the planning team and cross-functional partners, including any ad hoc requests that may arise.

·       Manage inventory ladders and projections on a weekly basis for core styles at the sku level and submit buys to production on a monthly cadence to ensure never-out-of-stock in key portions of the business.  Review and recommend updates to core assortment at least once per quarter to maintain/grow productivity.

·       Build out pre-season buy plans for non-core items informed by hindsight analysis and in collaboration with merch counterparts, present recommendations to Directors and above, and complete all sized buys on a quarterly basis.

·       Collaborate with wholesale planning partners to maximize inventory turns and revenue by leveraging inventory (both existing and future on order) to optimize sales, inventory turns, and margin.

·       Constantly monitor PO shifts informed by production and ops and advise on any delivery shifts or changes to mode of transport in order to ensure never-out-of-stock position, protect OTB, and maximize IMU.

·       Perform size-level analysis and recommend size curves for each category in the business used in the execution of buy and deployment processes.

·       Actively contribute to a team and company that is establishing best practices and building culture by bringing new ideas to the table, working as a team, and maintaining an optimistic outlook.

 

Qualifications

·       3+ years of analytical experience in merchandise planning or inventory management.

·       Bachelor’s Degree or equivalent work experience.

·       Advanced proficiency in Microsoft Excel required, including v-lookups, pivot tables, logic formulas, and basic macros.

·       Familiarity or experience with ladder or replenishment planning.

·       A firm understanding of how to use data to drive decisions and communicate business needs effectively.

·       Previous experience with planning and business intelligence tools such as Toolio, Looker, Netsuite, Google Analytics, Shopify, etc. are beneficial but not required.

·       Meets deadlines, prioritizes appropriately, copes well with change, and maintains composure under pressure.

·       Strong organizational and time management skills; able to effectively manage multiple priorities.

 

 

 


$90,000 - $110,000 a year

Benefits and Culture

·       100% Company Paid Healthcare (medical, dental, vision) 

·       Kind Body Fertility Benefits   

·       401(k) savings plan with up to 4% match 

·       Unlimited PTO  

·       Full Access to LinkedIn learning 

·       Employee Discounts  

 

Perks (HQ Location)

·       Free weekly catered lunch at HQ – M/W/Th  

·       Dog-Friendly office  

·       Free Swag Giveaways  

·       Annual Holiday Party  

·       Annual Summer Party  

·       Invitations to pop-ups and other company events  

·       Complimentary daily office snacks and beverages 

 

 

SKIMS is committed to continuously creating an inclusive environment for all employees and candidates, reflective of the rich diversity of the communities we serve. Equitable workplaces foster innovation and excellence, and in our commitment to culture of belonging qualified applicants will receive consideration without regard to race, color, religion, sex, national origin, age, sexual orientation, gender identity, gender expression, veteran status, or disability. 

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CEO of SKIMS (CA)
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Average salary estimate

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What You Should Know About Planner - Retail, SKIMS (CA)

SKIMS is on the hunt for a talented Planner - Retail to join our vibrant team in Los Angeles, California! In this exciting role, you'll be the driving force behind our sales and inventory management strategies that directly support our financial goals. As a Planner, you will dive into strategic merchandise plans for our ecommerce business, all while maximizing sales and optimizing inventory based on thorough analysis of historical trends and future forecasts. We're looking for someone who possesses keen critical thinking and problem-solving capabilities, particularly in Excel, to make data-informed decisions that will not only improve our operations but also contribute to the overall success of the company. Your responsibilities will include analyzing sales and inventory data, managing inventory ladders, and creating insightful reports. Collaboration with wholesale partners will be key as you work to maximize our inventory turns and revenue. If you're ready to bring your expertise in merchandise planning to a place where innovation meets enthusiasm, and you're excited about contributing positively to our team's culture, we would love to hear from you. Let's make magic happen together at SKIMS!

Frequently Asked Questions (FAQs) for Planner - Retail Role at SKIMS (CA)
What does a Planner - Retail do at SKIMS?

A Planner - Retail at SKIMS is responsible for executing sales and inventory management strategies, analyzing data to optimize inventory and sales, and collaborating with different departments to ensure financial targets are met.

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What qualifications do I need to become a Planner - Retail at SKIMS?

To become a Planner - Retail at SKIMS, candidates should have 3+ years of analytical experience in merchandise planning or inventory management, along with advanced proficiency in Microsoft Excel and a Bachelor's Degree or equivalent experience.

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How much does a Planner - Retail at SKIMS earn?

The salary range for a Planner - Retail at SKIMS is between $90,000 and $110,000 annually, reflecting the candidate’s experience and skills within the merchandise planning domain.

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What are the main responsibilities of a Planner - Retail at SKIMS?

The main responsibilities include analyzing sales and inventory data, managing inventory ladders, creating comprehensive reports, collaborating with merchandise and wholesale planning teams, and contributing to best practices within the company.

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What software tools should a Planner - Retail at SKIMS be familiar with?

A Planner - Retail at SKIMS should ideally be familiar with planning and business intelligence tools such as Toolio, Looker, Netsuite, Google Analytics, and Shopify to efficiently manage data and inform decision making.

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Is SKIMS committed to diversity in hiring for the Planner - Retail position?

Yes, SKIMS is dedicated to creating an inclusive work environment for all employees and candidates, fostering diversity that reflects the communities we serve, ensuring qualified applicants receive consideration regardless of their background.

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What is the work environment like for a Planner - Retail at SKIMS?

The work environment at SKIMS is vibrant and supportive, promoting collaboration and innovation, with perks like a dog-friendly office, free weekly lunches, and various fun company events to enhance team culture.

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Common Interview Questions for Planner - Retail
Can you describe your experience with inventory management in retail?

To answer this question, focus on your prior roles involving inventory management, highlighting specific tools you've used, your key responsibilities, and how your actions directly impacted sales and inventory efficiency.

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How do you utilize data analysis in your role as a Planner?

Discuss specific instances where you've analyzed sales or inventory data. Highlight your ability to derive actionable insights to drive purchase decisions and manage stock effectively.

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What strategies do you implement to manage inventory effectively?

Illustrate your approach to inventory management: balancing supply and demand, forecasting trends, and employing tools to track inventory performance to avoid stock-outs or excess inventory.

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How do you prioritize tasks when you have multiple projects to manage?

Explain your time management techniques. Discuss tools or methodologies you use, such as task prioritization or project management software, and provide examples of how this has benefited your previous projects.

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Describe a challenging situation you faced in merchandise planning and how you overcame it.

Share an example that displays your problem-solving skills, emphasizing the actions you took to resolve the issue, the results of those actions, and what you learned from the experience.

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What do you think is the key to successful collaborative relationships in retail planning?

Highlight the importance of clear communication, mutual respect, and shared goals among team members, providing examples of how you have fostered collaboration in past roles.

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How do you ensure you are aligned with company financial goals in your planning?

Explain how you analyze data relevant to financial performance and collaborate with stakeholders to ensure that your planning decisions are supporting the company's overall financial objectives.

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What metrics do you believe are most important to track for inventory health?

Discuss key performance indicators such as inventory turnover, stock levels, and sales rates, explaining how you monitor them and their importance in making informed planning decisions.

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Can you provide an example of how you improved sales through your planning efforts?

Go into detail about a specific initiative you led, the strategies you used, the analysis performed, and the quantifiable outcomes that resulted from your planning decisions.

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How do you stay updated with market trends and changes in consumer behavior?

Mention methods such as attending industry conferences, following relevant publications, engaging with professional networks, and leveraging analytics tools, showcasing your proactive approach to staying informed.

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Skims is a manufacturer and retailer specializing in undergarments and loungewear designed to enhance body shape, offering a variety of bodysuits, shapewear, and underwear in styles and shades that cater to different body types.

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EMPLOYMENT TYPE
Full-time, on-site
DATE POSTED
November 29, 2024

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