Overview
Merchandise Planner Jobs in Seoul, South Korea at PVH Corp.
Title: Merchandise Planner
Company: PVH Corp.
Location: Seoul, South Korea
Lead Yourself. Lead Together. Lead the Way.The PVH Leadership Behaviors are the actions that unlock the potential of each of us. It is the way we show up as one team to shape our culture and deliver business performance and growth. Whether you lead a team, a project or contribute your own expertise, everyone is a leader at PVH.
Position Summary:
Responsible for the management and development of Merchandise Financial Planning and driving business to meet the company’s financial goals and merchandising initiatives. Manage seasonal sales forecast and OTB by category. Accountable for the planning scorecard and KPIs
Primary Responsibilities/Accountabilities Of The Job:
• Develop, execute, and communicate strategic merchandise financial plans that support the company’s financial, product, and marketing objectives
• Provide planning KPIS at the season/department level to review current business against projections, plans, and last year information. Propose strategic adjustments based on current trends to drive business and manage inventories
• Partner with merchandise and finance team to develop and enhance planning processes and support to run the business more efficiently
• Strategically drive the business to maximize sales, margins and optimize the inventory
• Coordinate with allocation teams to ensure sales and inventory plan are aligned
• Accountable for the buildup seasonal OTB, assortment plan to support the implementation of merchandising strategies
• Manage Merchandising KPIs: Sell through, Discount rate, Inventory efficiency
• Core Replenishment management
• In season Quick Reaction forecast
• Determine reorder flow based on inventory status which is required to maximize sales opportunity
• Clearly communicate with MD and commercial teams for the financial objectives, action plans, opportunities of the business to enable strategic decision making
• Create and implement standard reports/scorecards/recaps of the business, develop financial plans, and monitor sales, inventory, markdowns, and GM by classification from top-line to bottoms-up level, including managing the open-to-buy
• Recommend buys thorough analysis of retail business prior to each market to achieve increased sales, profitability and sell-thru%
• Monitor and control markdown cadence and aged-inventory levels to maximize profitability while achieving necessary sell-thru target
Qualifications:
• Related experience in the fashion or retail business (5~10 years)
• Previous experience in international fashion brands (Preferred)
• Communicating and working with Region/Headquarter
• At least 2 years in one company required
Education:Bachelor’s Degree
Skills:
• Strong SAP, Light House, advanced Excel skills
• Proficient analytical skills
• Creative in problem solving
• Fashion retailing background is a plus
• Fluent in English
