Merchandise Planning Manager
The SHOW comes alive at MGM Resorts International
Have you ever wondered what it would be like to work in a place full of excitement, diversity, and entertainment? Are you enthusiastic about being a team player in one of the most fascinating industries in the world? At MGM Resorts, we seek individuals like YOU to create unique and show-stopping experiences for our guests.
THE JOB:
The Senior Merchandise Planning Manager is responsible for managing the Merchandise Planning process for both pre-season budgets and in-season forecasting for retail metrics including sales, inventory levels, margins, receipts and markdowns.
THE DAY-TO-DAY:
Assists Executive Director with managing inventory plans from investments through allocation and execution, including ongoing reviews and updates
Assists the Planning Managers in using top-down plans to develop pre-season plans by store/classification and store/vendor
Reconcile bottom- up plans to the top-down plans as set by Executive Director of Planning and review and revise variances
Reviews plans with Retail Store Operators and Retail Merchandising and assist with re-forecasting as needed
Responsible for Open to Buy (OTB) process to ensure product flow will meet sales and margin objectives
Manages all aspects of store and vendor replenishment, including vendor replenishment set up and schedules
Reviews assortment plans/fixture plans by store to ensure open to buy (OTB) reconciliation and accurate allocation of product
Oversee the markdown process to maximize gross margins and mitigate risk
Executes the pricing and promotion strategies to drive incremental gross margin dollars
Works with Planning Managers, Planners, and Buying teams to ensure timely seasonal transitions of merchandise
Works with Distribution Center to convert monthly dollar budget into unit flow
Partners with Retail Finance to prepare and execute monthly, quarterly, and seasonal business reviews
Reviews P&L and analyze financial reports to determine actionable improvements as it relates to inventory and gross margins
THE IDEAL CANDIDATE:
Bachelor's Degree required
3+ Years of prior relevant experience required
Experience with MS Word and Outlook (Intermediate level) required
Advanced knowledge Internet, PowerPoint and databases required
THE PERKS & BENEFITS:
Wellness incentive programs to help you stay healthy physically and mentally.
Health & Income Protection benefits (for eligible employees).
Access to company hotel, food and beverage, retail, and entertainment discounts as well as discounts with company partners on things like travel, electronics, online shopping, and more.
Free meals in our employee dining room.
Free parking on and off shift.
Healthcare, financial, and time off benefits.
Professional and personal development through programs and networking opportunities as well as volunteer opportunities in the community.
VIEW JOB DESCRIPTION:
https://mgmresorts.marketpayjobs.com/ShowJob.aspx?EntityID=2&jobcode=19414
Are you ready to JOIN THE SHOW? Apply today!