Lulu and Georgia offers elevated essentials and coveted statement pieces for an inspired home.
Launched in 2012 and based in Los Angeles, California, the e-commerce home décor company
focuses on designing and thoughtfully curating the best in interior design—and making it
accessible.
Lulu & Georgia is looking for an organized, detail oriented and hard-working Associate Merchandise
Planner to join our team! You will work in a dynamic and fast-paced environment where
multitasking and problem solving are key. This position requires great attention to detail and
excellent organization.
The Associate Merchandise Planner is responsible for creation and maintenance of weekly,
monthly, seasonal, and annual merchandise and forecast plans. This position holds full
responsibility for continually analyzing business results and producing merchandise forecast
plans to capture upside potential and conversely minimize downside sales risk. Responsible for
creation and development of business strategies to maximize sales profitability.
This role reports to the Senior Merchandise Planner and will partner with the Buying and
Product Development Teams in driving sales, optimizing inventory, and generating profit.
Responsibilities:
- Create pre-season sales, margin and inventory plans by category, sub-category, style, or color
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Analyze previous quarter results; identify “missed sales” and growth drivers over prior year
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Summarize the opportunity and risk of a product plan as it relates to trend and financial
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Recommend SKU count, choice count, and inventory flow to maximize sales, margin, and inventory productivity
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Collaborate with Manager to develop & present the financial strategy associated with growth and diminish categories to cross-functional team in quarterly investment review meetings based on current trends, historical findings, or related categories
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Communicate support for style level buys as it relates to current trends, historical findings, or related categories
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Provide daily and weekly updates on business as it relates to last forecast, identifying trends, and highlighting sales that exceed or fall short of expectation
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Initiate conversations with cross functional partners regarding potential risk or opportunities
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Prepare sales, margin and inventory forecast for monthly OTB forecast meetings for current year; provide sales trend opportunity for future quarters, validate stock-to-sales relationships, maximize receipt flow to improve turn, reconcile receipts and suggest pricing strategies to drive profitability
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Monitor style selling trends to select monthly order quantities
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Partner with Buyer to propose markdown and promotional strategies to maximize profitability on the life of an item or category; provide pricing and margin dollar gain/loss scenarios
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Track estimated arrival of inventory for editorial launches
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Maintain accurate data entry and tracking for Purchase Orders
Requirements:
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Four-year college degree or equivalent
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3+ years in merchandise planning or buying; experience in both e-commerce and brick & mortar is a bonus
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Strong financial, analytical, and project management skills
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Advanced Microsoft Excel skills required; ability to adopt new systems and tools quickly (experience with an ERP)
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Self-starter, highly entrepreneurial, and extremely detail-oriented, with focus on accuracy and data integrity
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Ability to thrive in a multi-tasked, fast-paced, deadline-driven environment with shifting priorities
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Highly collaborative, exceptional relationship management skills; success in driving initiatives across functions
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Ability to think out of the box to project and size new ideas and assortment expansions
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Clear and effective written and verbal communication skills; ability to build and deliver presentations to various level
