J.Crew Factory is a well-established clothing retailer known for its commitment to quality and style. As an Assistant Planner, you will support the manager in creating and executing sales and inventory financial plans, while developing skills to analyze sales opportunities and provide risk mitigating recommendations.
Responsibilities
- Create preseason sales, margin and inventory plans by department, class, style and color
- Analyze previous quarter results; identify 'missed sales' and growth drivers over prior year
- Summarize the opportunity and risk of a product plan as it relates to trend and financial metrics: initial mark-up, average unit retail, average unit cost, net margin dollars/rate
- Assist manager with development of the financial strategy associated with growth and diminish categories, based on current trend, historical findings or related categories
- Provide daily and weekly updates on business as it relates to last forecast, identifying trends, and highlighting selling that exceeds or falls short of expectation
- Prepare sales, margin and inventory forecast and assist manager in monthly OTB forecast meetings for current year; provide sales trend opportunity for future quarters, validate stock-to-sales relationships, maximize receipt flow to improve turn, reconcile receipts and suggest pricing strategies to drive profitability
- Generate and manage style level weekly unit sales plans in season to inform total department sales expectation by week/month/quarter and identify styles contributing to a +/- to forecast
- Assist manager to propose markdown and promotional strategies to maximize profitability on the life of an item or category; provide pricing and margin dollar gain/loss scenarios
Skills
- Bachelor's degree
- Strong analytical, financial modeling and problem solving skills
- Excellent written and verbal communication and presentation skills
- Ability to manage multiple work streams/projects with tight deadlines
- Strong technical aptitude, including advanced competency in Microsoft Excel and ability to quickly master new applications and systems
Benefits
- Health & Well-being - Eligible associates and family members receive medical, dental, prescription and vision insurance, family planning (fertility, adoption & surrogacy support), fitness discounts, medical travel and more.
- Associate Discount - We love our products just as much as you do! That’s why we offer a great associate discount across all of our brands (J.Crew, J.Crew Factory, and Madewell).
- Summer Fridays - In addition to our hybrid work model, we also close our office at 1:00 PM every Friday during the Summer months.
- Community Impact - We support the communities where we live and work through our philanthropic efforts and the J.Crew Cares Program.
- Winter Break - In addition to our PTO package, J.Crew Group offers a winter break at the end of December to eligible full-time associates at the Home Office to provide time to refresh and recharge.
Company Overview
J.Crew Factory sells discounted clothing and accessories for men, women, and kids, with online shopping and a rewards program. It was founded in undefined, and is headquartered in New York, New York, USA, with a workforce of 5001-10000 employees. Its website is https://www.jcrewfactory.com.
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