Associate Retail Planner The Retail Planning and Inventory Planning team supports Herms of Paris business by managing the process of sales forecasting, open to buy (OTB), oversee auto replenishment, inventory management, reporting and analysis. The Planning team develops strategies and sets clear directions to maximize business performance. We are seeking an experienced and detail-oriented Associate Retail Planner to join our Retail Planning and Inventory team. In this role, you will provide support to the Retail Planning and Inventory Planning team, managing the day-to-day responsibilities, analyzing Key Performance Indicators (KPIs), and building ad-hoc templates to drive department strategies.
About the Role:- OTB, Budget, & Forecast Planning
- Support the Retail Planning team in preparing and leading the open-to-buy reviews with the Retail Planning Manager's guidance
- Forecasting sales during Budget planning process
Monitor the execution of the buy, providing collection recaps during and post market.
Prepare long-term and short-term sales forecasts by product and reference level.
Manage auto-replenishment skus, including model stock at the door and sku level; and drive inventory optimization strategies to maximize sales productivity
Analysis & Reporting
Analyze business performance to identify opportunities and risks across channels and product categories, presenting recommended shifts to improve KPIsUpdate and manage weekly and monthly reporting
Cross-Functional Collaboration
Partner closely with Merchandise Managers for qualitative feedback on product forecasts and OTBs.
Lead and manage reorder proposals as needed, partnering with the Merchandise team for strategic guidance.
Collaborate with Inventory Planning team to set min/max levels and align on inventory targets
Partner with the IT team to ensure data-accuracy and reporting efficiencies.
Partner with Finance to align OTB assumptions
General Support
Support the Retail Planning and Inventory Planning team with ad-hoc requests.
Additional responsibilities as directed by Manager or leadership.
Supervisory Responsibility:
NOBudget Responsibility:
NODecision Making Responsibility:
NO
About You:- Bachelor's degree required.2-3 years of merchandise planning or related experience with direct open-to-buy experience strongly preferred.
- Advanced competency in retail math and Microsoft Excel.
- Experience with Power BI and IBM Planning Analytics Workspace a plus
- Highly organized with strong attention to detail.
- Strong analytical and problem-solving skills.
- Excellent written and verbal communication, presentation, and listening skills.
- Proactive mindset with the ability to multi-task, prioritize, and adapt in a fast-paced, dynamic retail environment.
- Regular in-person work at a Company-designated work location is an essential function of this position.
- The salary range for this position is $70,000 - $80,000 annually. Actual rates are determined based on the job, location, and individual experience.
- Herms is proud to offer a variety of benefits to support the needs of our employees and their families, including:
- Commission and bonus incentives based on sales performance
- Medical, Dental, VisionLife Insurance and Disability
- Paid time off (annual vacation of 15 days, 11 company holidays, 3 floating holidays, 2 wellbeing days, and sick & safe time)
- Paid Parental leave and transition time 401(k) and Roth Retirement plan with company matching and profit sharing
- Various voluntary benefits such as flexible spending accounts, fitness reimbursement, voluntary life insurance
- Product discount and EAP resources
- Access to Calm App, Health Advocate, Family Building Support and more!
- We are looking for a candidate that has a combination of the above attributes and can perform the key functions of the role with or without reasonable accommodations.
