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Merchandise Planning Manager

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PMGM164652953 (1)

Description

Las Vegas, Nevada

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!

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