Assortment Planning Analyst

Full Time
Weehawken, NJ 07086
Posted
Job description

Day to Day:

A client of Insight Global is looking to bring on an Assortment Planning Manager in the Weehawken, NJ area.

  • Develop and execute detailed assortment plans based on sales, consumer needs and gaps vs. the competition
  • Lead cross-functional communication of product plans
  • Lead competitive reviews and determine action plans based on insights
  • Develop and implement pricing strategy
  • Develop tools to better set retails, monitor margin and react to trends/competition.
  • Develop reporting and monitor performance (by category, collection, product type, price point, etc.) and be the Subject Matter Expert for the category.
  • Support site merchandising to drive sales and ensure consistent customer experience
  • The Senior Analyst will play a critical role in establishing new templates for pricing, assortment planning and reporting that the greater team will be able to leverage.
  • The Senior Analyst will provide thought leadership to strategic projects and streamlining regular tasks
  • The Senior Analyst will seek out white spaces for new product development.

Product Planning:

  • Conduct assortment reviews to ensure productive assortment that is driving sales
  • Conduct competitive review to inform product strategies
  • Manage new product architecture and process in partnership with Product Development and Inventory Planning
  • Own communication of new product launches to cross-functional counterparts and package the key product priorities and stories to the Marketing team ahead of each season
  • Own weekly product reporting and present insights on weekly business review; identify new reporting needs and build out reporting in Excel
  • Support Catalog merchandising process
  • Consult Inventory team on discontinuation and other life-cycle strategies
  • Consult Site Merchandising team to ensure products are best represented online

Pricing:

  • Build, evolve and maintain pricing models to manage base retail strategies
  • Set sku level pricing to achieve margin targets; ensure proper pricing relationships among internal comps with consideration of competitive comps
  • Conduct competitive reviews to inform pricing decisions
  • Translate pricing strategies into sku lists, ensuring accuracy
  • Build and own product margin reporting
  • Build and own price change reporting

Requirements:

  • 7+ years of assortment planning experience – proven ability to analyze, evaluate, and interpret complex data; innate intellectual curiosity
  • 2-3 years of management experience
  • Advanced excel
  • Familiar with PowerPoint for data visualization
  • Ability to understand business drivers and influence decision making with cross-functional partners
  • Track record of taking ownership and driving results; ability to learn quickly and independently
  • Ability to work simultaneously across several streams balancing quality of work and consistent delivery
  • High comfort level working in a fast paced environment
  • Rigorous attention to detail
  • Experience working with high level internal stakeholders (presenting data finding and making business recommendations)
  • Ability to recognize how tasks rank in order of urgency to prioritize time
  • Overall good business acumen and ability to communicate effectively
  • Ability to work independently and problem solve

Plusses:

  • Experience working with luxury level furniture, bedding or home accessories (Crate and Barel, Pottery Barn, Serna and Lilly, Bloomingdales)

Job Type: Full-time

Pay: $50.00 - $65.00 per hour

Benefits:

  • 401(k)
  • Dental insurance
  • Health insurance
  • Vision insurance

Schedule:

  • 8 hour shift
  • Monday to Friday

Ability to commute/relocate:

  • Weehawken, NJ 07086: Reliably commute or planning to relocate before starting work (Required)

Application Question(s):

  • How many years of experience do you have working with design and product development teams throughout the buying process of a product?
  • Do you have experience working with luxury level brands?

Education:

  • Bachelor's (Required)

Experience:

  • Microsoft Excel: 5 years (Required)
  • Management: 3 years (Required)

Work Location: Hybrid remote in Weehawken, NJ 07086

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