Merchandise Planner, Sr. 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, Sr. may require a bachelor's degree. Typically reports to a supervisor or manager. To be a Merchandise Planner, Sr. typically requires 4 to 7 years of related experience. Contributes to moderately complex aspects of a project. Work is generally independent and collaborative in nature. (Copyright 2024 Salary.com)
The Senior Buyer/Planner is responsible for the procurement of a variety of commodities, materials, supplies, equipment, and services, many of which are highly technical and require the application of complex procurement standards and procedures, including negotiation. The Senior Buyer/Planner prepares detailed bid specifications, requests for quotations for commodities and services, requests for proposals for commodities and services, and purchase orders; the Senior Buyer/Planner employs advanced critical thinking and writing skills in the development and evaluation of the more complex requests for proposals for commodities and services. The Senior Buyer/Planner identifies varied sources of commodities and services, evaluates bids, awards purchase orders, maintains contact with vendors, and maintains comprehensive descriptions of available products and current prices. The Senior Buyer/Planner expedites the ordering and delivery process for commodities or services through the use of automated procurement systems and assures invoice payment by monitoring the process from initiation of a purchase order through the receipt of the goods or services and billing from the vendor or supplier. This role has greater responsibility and accountability than a Buyer/Planner and includes some people management responsibility. The job holder may take responsibility for a specific project or hold a larger remit in terms of purchasing responsibility.
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