Sr. Manager, Merchandise Planning & Pricing

Posted 5 Days Ago
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2 Locations
Remote
Hybrid
Senior level
Retail
The Role
The Sr. Manager will oversee merchandise planning and inventory management, develop promotional pricing strategies, and ensure effective sales forecasting for product categories.
Summary Generated by Built In

We are the champions of childhood

 

Hanna Andersson is a Portland, Oregon-based premier kids and baby clothing brand. Our clothes are made to play, made to last, and designed to let kids be kids. We have core commitments to design, quality, and sustainability, and we believe in helping families create meaningful everyday moments. These principles guide the Hanna Way, and lead to an experience authentically different from other children’s brands.


We cultivate our unique brand by hiring team members who believe in these values, own a customer service mindset, and who are innovative, results-oriented, and comfortable working in a collaborative and growth-driven work environment. We all share in our brand’s success, and we actively encourage our team members to maintain a healthy balance in their daily lives.


Position Summary


The Sr. Manager of Merchandise Planning & Pricing is a vital role focused on merchandise planning and inventory management for specific product categories, along with developing promotional pricing strategies. This position will support the distribution center with sales forecasts and ensure smooth operations.


In this role, the Sr. Manager will lead the development and execution of plans that aim to meet and exceed sales, gross margin, and inventory goals. Open-to-buy management will also be a key responsibility to maximize effectiveness. Regular business analysis will help identify opportunities and risks, along with creating action plans that enhance business and inventory management.


Experience in managing direct reports is essential, along with strong analytical, mathematical, problem-solving, organizational, time management, communication, and collaboration skills. This role is crucial for driving success and fostering a positive team dynamic.

The Sr Manager of Merchandise Planning must have experience managing direct reports and strong analytical, mathmatical, problem-solving, organization, time management, communication, and collaboration skills

Essential Duties

  • Merchandise Planning / Inventory Management
  • Build and manage top-down and bottom-up merchandise plans that align with strategic growth initiatives and deliver on key financial metrics for each product season, working collaboratively in a team environment with merchants, designers, and sourcing teams.
  • Drive sales plans and inventory investment strategy for all assigned categories that support strategic initiatives and an exceptional customer experience.
  • Partner with merchants to develop pre-season merchandise financial plans and strategies supporting product initiatives. Create bottom-up plans that align with the financial goals. Accountable for delivering results.
  • Own and maintain the open-to-buy to manage and forecast the business and provide regular visibility to inventory levels to maximize sales, margin, purchases, and product flow to achieve season-ending financial sales and inventory targets.
  • Communicate inventory position to management, re-forecast in-season open-to-buy plans based on monthly and seasonal performance, and provide recommendations for actions to drive the business.
  • Provide regular analysis of business trends, pre-season, in-season, and post-season, along with the appropriate actions that support effective inventory management, maximize sales and margin, and mitigate risk.
  • Monitor product sales regularly to recommend product reorders/cancellations and markdown strategies.
  • Partner with the sourcing team and provide long-range forecasts and seasonal item forecasts in line with the production calendar to ensure that the product is ordered and produced to support product launches.
  • Participate in the continual development and improvement of planning tools and processes.
  • Merchandise Planning / Inventory Management

  • Promotional Price Management
  • Lead the promotional price management for the inventory planning team
  • Partner with the team to develop promotional strategies that optimize AUR while managing to overall sales and inventory plans
  • Lead the executional timeline and provide guidance to the team in hitting deliverables
  • Roll up and assess each promotional event, and problem-solve as needed to hit top-down targets
  • Communicate inventory position and provide recommendations to support the creative for each event
  • Identify and create pinning recommendations for site operations to drive successful conversion

  • DC Inventory Support
  • Act as primary inventory management liaison for DC, including weekly unit sales forecasts that support promotional pricing strategy, DC bundling guidance, and periodic donation lists

Qualifications

  • 5+ years of prior planning experience in a retail environment preferred.
  • Experience managing and developing direct reports.
  • Ability to use sales financial data to make decisions and maximize profitability.
  • Ability to develop and present written reports and analyses.
  • Strong analytical, mathematical, and problem-solving skills and proficiency with retail math.
  • Advanced Microsoft Excel skills.
  • Prior experience working with planning and inventory systems is preferred.
  • Detail-oriented with strong organizational and time management skills.
  • Ability to maintain highly effective working relationships with cross-functional teams.
  • Strong interpersonal skills, including the ability to influence and negotiate effectively.


  • Education & Qualifications
  • Bachelor’s degree in Business, Finance, Supply Chain or equivalent experience in related discipline.

Location

  • Portland OR, Hybrid (1-2 days a week in office) or *Remote [west coast hours]
  • *Light travel to Portland HQ required.

Equal Employment Opportunity Employer

Hanna Andersson is an Equal Opportunity Employer and is committed to the principle and active belief of equal employment opportunities for all employees. We also believe in providing employees with an inclusive work environment free of any kind of discrimination, bullying, and harassment.


Hanna Talent Cultivation Standards:

With a rise in cyber-criminal activity, please note Hanna will never:

-Ask for any sensitive personal information via email, text, or other forms of instant messaging

-Interview you via email and/or send you a list of questions in lieu of an interview

-Extend an offer without speaking to you via phone or video call

-Ask for bank account or financial information during the recruiting process


Legitimate email communication will only be done to and from @hannaandersson.com email addresses. Please examine messages carefully to ensure this is the domain you are receiving messages from, as cybercriminals may also utilize domains that look similar but may have one letter off (such as @hannaandersson.com).


Legitimate candidate application submissions are received directly from the applicant. All unsolicited third-party submissions will be considered illegitimate and will not be reviewed or considered for hire.


Hanna Andersson provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws.


This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training. As an Equal Opportunity Employer, Hanna Andersson prohibits discrimination, harassment, and retaliation of any kind. Hanna Andersson encourages applicants of all ages.

Top Skills

Excel
Planning And Inventory Systems
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The Company
HQ: Portland, OR
398 Employees
On-site Workplace
Year Founded: 1983

What We Do

At Hanna, our core purpose is making childhood moments that matter. We will achieve this primarily through our enthusiastic associates who own the business by working collaboratively, through truth and transparency, to build sustainable solutions that grow our company, our team and ourselves in service to the customer.

Our product is comfortable, functional, easy-care, yet fun and we like to think our workplace is as well. If you want to learn more about Hanna, check us out on Instagram at #happyhannas

We strongly believe in giving back to the communities in which we live and work. We are dedicated to being responsible business partners with our customers, our vendors, our communities and our associates.

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