Join to apply for the Bridal Planner/Associate Bridal Planner role at Show Me Your Mumu
Join to apply for the Bridal Planner/Associate Bridal Planner role at Show Me Your Mumu
The Bridal Planner/Associate Bridal Planner role at Show Me Your Mumu is responsible for buying, analyzing and forecasting for our eCommerce division.This roles focus is to create seasonal buying & planning strategies, OTBs and demand planning for the eCommerce channel. This individual maintains the monthly divisional OTB and can speak to both pre-season and in-season plans. To excel in the position, this person must be a self-starter, have established buying and planning experience with excellent retail math and analytical skills, loves to think outside the box, and enjoys working in a fast-paced entrepreneurial environment.The individual in this role must be within commuting distance of the Mumu HQ in Downtown Los Angeles. The Bridal Planner will work 2 days per week, in-person; and the remaining days remotely.
ESSENTIAL DUTIES AND RESPONSIBILITIES
Product & Assortment Planning
- Build Bridal core and fashion assortments; provide prepared ideas on editing process based off hindsights and current sales trends.
- Maintain the buy plans & line sheets to ensure accuracy, act as the point person for the rest of the team.
- Partner with Planning Advisor on the determination of receipt plans, margin and IMU goals, and flow strategies to drive assortment execution
- Work closely with Wholesale Partners to align on company strategy, as well as achieve production mins to maximize costs benefits
- Directs the buying function for the Bridal Division and is responsible for the assortment, market coverage, pricing, and margin performance
- Create a Bridal Pricing Strategy based on current market trends and historical Mumu bestseller data/price range.
- Present analysis by style/sku, delivery, & category to team and to understand prior performance & develop future goals.
- Review and recommend changes to current assortment mix, shifts of receipts when needed.
- Ensure that receipt goals are met each month and are reflected as new assortments are delivered online.
- Recap monthly hindsight learnings to help guide future business
- Recap monthly reconciliation of receipts to hit turn plans; make recommendations for styles to pull forward, cancel, push out and quantities for chase.
- Other duties as assigned
Forecasting and Analysis
- Drives the development of pre-season merchandise plans, in-season OTB, product assortments, and profitability in conjunction with the founders and leadership team.
- Identifies opportunities and executes strategies to increase sales, margin, and turn to meet or exceed plan.
- Develop strategic seasonal business plans to drive the Bridal business.
- Forecasting demand sales for the core Bridal business to ensure production/sourcing are ahead of the curve for buys.
- Develops sound department and class level financial plans; re-forecasts in season based on current trend.
- Analyzes product performance in season, monitors demand, and adjusts forecasts to establish inventory levels that drive sales and maximize profitability.
- Develop analysis to understand significant variances to plan and develop action plans that mitigate additional risk.
- Utilize historical data and current trends to capitalize on new opportunities and identify risks.
- Complete SKU forecasts in conjunction with buying team. Align detailed forecasts with merchandise financial plans by month.
- Partner with founders and design team on assortment strategies based on hindsight analysis.
Open-to-Buy/ Inventory Management
- Maintain monthly OTB, reforecast sales, margin, receipts and inventory on a monthly basis. Speak to changes and variances.
- Communicate the state of the business in weekly meetings and monthly OTB meetings. Recommend strategic actions to maximize sales and margin, optimize inventory, and mitigate risk.
- Ensure that on-order and committed receipts are delivering on time to support forecasts. Identify risks and drive action plans. Recommend chasing or reflowing receipts as appropriate.
Weekly/Monthly Business Management
- Communicate state of the business to leadership and cross-functional teams within season action plans to drive sales.
- Manage sku level inventories and replenishment forecasting based on sales performance
- Analyze stock levels and present action points for the management of inventory and receipts.
- Work with cross functional team and supply chain to create ATS orders as needed to drive sales.
- Manage sku level inventories and replenishment based on sales performance
- Create and maintain reports for the team as needed.
Assortment Planning (Buy Plans)
- Maintain divisional buy plans to achieve sales, sell thru, and receipt strategies
- Review historical performance at the category and key item level and make assortment recommendations to founders.
- Present analysis by style (APS), delivery, & category to understand prior performance & develop future goals.
- Review and recommend changes to current assortment mix
- Lock plans seasonally & ensure that re-forecasting is reflected as new assortments are delivered.
EDUCATION and/or EXPERIENCE
- 5-8 years experience working in a buying or planning function
- Full Circle or any ERP Systems experience a PLUS
- Advanced MS Excel skills required
- Strong Analytical and Business knowledge of retail and merchandising concepts
- Advanced experience with Planning and Merchandising applications
- Proficient in Microsoft Office Suite
- Strong organizational skills and excellent communication skills
- Strong analytical and creative problem-solving skills
- Results-oriented and self-motivated with a strong sense of urgency
- Able to independently organize and prioritize broad workload to meet deadlines.
- Collaborative ability to lead and motivate team
- Bachelors Degree
COMPENSATION:
$85,000.00 To $95,000.00 Annually Depending on Experience (DOE)
Seniority level
Seniority level
Not Applicable
Employment type
Employment type
Full-time-
Industries
Retail Apparel and Fashion
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