Merchandise Planner plans and forecasts for future merchandise buys based on historical buys, reoccurring buys and current inventory levels. Responsible for reviewing stock to sales ratios, responding to changing sales trends, and ensuring plan sales, plan markups, and plan markdowns are achieved by departments. Being a Merchandise Planner plans and coordinates merchandise flow-through. Inputs and maintains data in various merchandising systems. Additionally, Merchandise Planner may require a bachelor's degree. Typically reports to a supervisor or manager. The Merchandise Planner gains exposure to some of the complex tasks within the job function. Occasionally directed in several aspects of the work. To be a Merchandise Planner typically requires 2 to 4 years of related experience. (Copyright 2024 Salary.com)
At Cracker Barrel, our mission is Pleasing People. This is evident from the moment you walk through our doors, with the first smile that greets you, from the items in our retail store to the food on the table, we welcome you home!
The Merchandise Planner's key responsibilities to include strategic business analysis, developing merchandising plans, managing the Open to Buy as well as driving the in-season business review process.
• Works closely with Buying teams to build profitable merchandise assortments through analysis of business and identification of trends.• In-season management of business (maximize any potential financial opportunity or minimize any potential financial risk)• Develop annual departmental merchandising plans for all financial metrics (sales, markdowns, receipts, transfers, inventory, profit, etc.)• Manage OTBs (dept/class & theme) by forecasting financial metrics and making appropriate and necessary recommendations, as needed.• Develop and manage ad hoc and/or standardized reporting to monitor financial performance for individual business and organizationally, as needed.• Work with planning and retail leadership to develop and implement strategic business initiatives through analyses and recommendations.
Experience and Education• High school diploma and 2 - 3 years of Merchandise Planning experience. Bachelor’s degree preferred.
Knowledge and Skills• Knowledge of financial analysis, budgeting, and retail planning concepts.• Proficient in the use of Planning and Retail systems.• Advanced computer skills (Microsoft Office Suite, in particular). • Strong analytical skills.• Excellent written and oral communication.• Ability to impact and influence people, businesses, and processes.• Must be a team player
NOTE: Racism, either overt or perpetuated through unconscious bias, has no place at Cracker Barrel Old Country Store, and both our Mission and People Promise are firmly rooted in the principle of valuing what everyone brings to the table. Our employees work hard to ensure that our brand, which is grounded in genuine hospitality and nostalgia, represents only what is good about those things. While our décor and food may harken back to earlier times, our inclusive culture and beliefs about equality and diversity do not.
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