Senior Merchandise Planner
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Job Description
Senior Merchandise Planner shaping financial and inventory strategies for Lovesac’s adaptable furniture products. Forecasting demand, optimizing margins, and guiding omnichannel merchandise planning.
Responsibilities:
- Own the financial and inventory strategy for assigned product categories across channels
- Translate enterprise goals, customer insights, and product strategies into actionable merchandise plans
- Serve as a strategic business partner to Brand and cross-functional teams
- Shape pre-season and in-season decisions to optimize sales, margin, inventory productivity, and profitable growth
- Develop and manage category plans across key performance indicators
- Use analysis, forecasting, and scenario planning to identify risks and opportunities
- Influence investment decisions and help build scalable plans for new products and categories
- Create pre-season plans across multiple channels to support merchandise strategies, line development, and buying needs
- Work with Planning and Brand partners to develop preseason product trends and revise seasonal plans with updated projections
- Present monthly revisions of demand plans to Merchandise/Inventory Planning executives
- Analyze historical data, current trends, and business performance
- Forecast the effects of markdowns on item sales rates and category/department profitability
- Participate in Merchandise Planning meetings, including Monthly S&OP and Weekly Business Meetings
- Provide fiscal control through promotional decisions and inventory control
- Develop in-depth knowledge of Omni-Planning and build item-level plans supporting top-level goals
- Enhance knowledge of available data resources and merchandise
- Support team projects and perform additional responsibilities as assigned
Requirements:
- Bachelor's degree in business administration, Finance, or related field required
- 4-7 years of progressive merchandise planning experience, preferably within a specialty retail or omnichannel environment; relevant retail buying experience may also be considered
- Advanced retail math and financial planning knowledge, including sales, inventory, margin, turn, and open-to-buy management
- Demonstrated experience building and managing merchandise plans for new products and categories, from initial forecasting and assortment planning through performance analysis and in-season adjustments
- High degree of proficiency in MS Office Suite, Outlook & Internet applications
- Strong analytical, prioritizing, interpersonal, problem-solving, presentation, and planning skills
- Strong verbal and written communication skills
- Demonstrated collaborative skills and ability to work well within a team
- Ability to work with and influence peers and senior management
- Ability to work in a fast-paced and deadline-oriented environment
- Self-motivated with critical attention to detail, deadlines, and reporting
- Exemplify each of our Lovesac values, at all times, results driven and utilize knowledge to meet or exceed key performance indicators (KPIs), goals and deadlines
- Must be able to travel using various forms of transportation, as required by the Company in its sole discretion, for mandatory meetings and conferences held either at our offices or offsite
- Must comply with all policies and procedures outlined in the Lovesac Employee Handbook and work collaboratively with fellow employees, treating all clients, both internal and external with dignity and respect at all times
- Immigration sponsorship is not available for this role
Benefits:
- Annual Bonus Program
- Inaugural Grant Equity Award
- 401K Matching Contribution
- Financial Wellness Tools
- Medical, Dental, Vision, Health Savings and Flexible Spending Accounts
- Paid Parental Leave
- Life/AD&D
- Short Term and Long-Term Disability
- Critical Illness and Accident Insurance
- Employee Assistance Program
- Up to 160 hours of paid time off within our fiscal calendar year, prorated from date of hire
- 8 paid company recognized holidays
- Pet Insurance
- Generous Associate Discounts
- Reasonable accommodations during the application or interview process
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