Planning Specialist, Music, Arts & Crafts
- Location HOBOKEN, NJ
- Department Retail
- Team Entertainment
- Employment Type -
- Position -
- Requisition GH1710699
What you'll do at
The Walmart.com/Jet.com Merchandising Team is looking for individuals who can collaborate and thrive in a dynamic environment, demonstrate and foster innovative thinking, use and learn the latest tools and technology to analyze data and insights at scale, and – above all else – think every day about how to best meet the needs of our customers. The ideal candidate has demonstrated passion for managing a dynamic business, team, and cross functional partners as they will be working with several groups across the organization and will have ownership over a long-tail assortment within Walmart's eCommerce Entertainment business.
As a Planning Specialist for Music, Arts & Crafts, you are responsible for managing inventory, planning and forecasting for high-growth, complex merchandise categories – ensuring that assortment, price and availability are a “win-win” for our customers and Walmart.com/Jet.com. Creativity and agility will be paramount as you identify retail trends and synthesize information from multiple touch points – providing financial plans and supporting business solutions in a fast-paced, multi-dimensional environment.
You won’t do this alone. You will work with a world-class team of collaborative colleagues and have access to industry-leading merchandising tools and technology to help you analyze customer, partner, market, business and financial insights at scale. In addition to bringing the “art” to the “science” of retailing, we’re also counting on you to share your planning knowledge and expertise with your team and foster a collaborative and supportive environment.
About the Role:
- Coordinates, completes, and oversees job-related activities and assignments for merchandise planning and inventory management
- Ensures compliance with company policies and procedures and supports company mission, values, and standards of ethics and integrity
- Maintains and executes financial plans and open-to-buy (OTB) forecasts for Merchandise Department; Oversees the placement and validation of buys within high-growth merchandise categories and departments and ensures maximization of financial metrics (sales, profit, turns etc) in close partnership with the category management and supply chain teams
- Reviews sales and profit forecasts against actual results to ensure key financial metrics on the category P&L are met and summarizes issues/discrepancies. Provides input on key metrics for other category teams.
- Analyze and evaluate impact of key variables on business performance. Provides input into models, analysis, and evaluation of the impact of key variables (e.g., shipping promotions, rollbacks, seasonal campaigns) on business performance.
- Manages demand plans/inventory strategies; Reviews and approves inventory projections and buying strategies.
- Manages placement of orders; Provides input into assortment, pricing and shipping decisions. Provides input into purchasing recommendations for category management counterparts.
- Collaborates with cross-functional teams across the organization (Category Management, Site Merchandising, Finance, Marketing) to assist in the development of category financial plans and budgets
- Coaches less experienced team members and provides feedback to enhance skills, knowledge and work performance.
- Mentors less experienced team members. Provides and supports the implementation of business solutions.
- Bachelor’s degree in business or related field or equivalent experience.
- At least 2-4 years of experience in planning, buying, replenishment, finance or related field required.
The Walmart US eCommerce team is rapidly innovating to evolve and define the future state of shopping. As the world’s largest retailer, we are on a mission to help people save money and live better. With the help of some of the brightest minds in merchandising, marketing, supply chain, talent and more, we are reimagining the intersection of digital and physical shopping to help achieve that mission.