Assortment Planner - Mens Tailored, Dress Shirts, Neckwear
Macy'sBe Part of an Amazing Story Macy’s is more than just a store. We’re a story. One that’s captured the hearts and minds of America for more than 160 years. A story about innovations and traditions…about inspiring stores and irresistible products…about the excitement of the Macy’s 4th of July Fireworks, and the wonder of the Thanksgiving Day Parade. We’ve been part of memorable moments and milestones for countless customers and colleagues. Those stories are part of what makes this such a special place to work. Job Overview The Assortment Planner plays a pivotal role in spearheading the development of the buying framework for a designated category. They craft by-store and channel assortment plans that seamlessly align with overarching strategic and financial objectives. Bringing a progressive, customer-centric approach to the table, they effectively balance sales and profit goals while ensuring optimal inventory productivity. This leadership role demands a keen understanding of market dynamics, a knack for trend analysis, and a commitment to driving excellence in assortment strategies. What You Will Do Overall: Lead the development and execution of the buying framework for the designated category. Collaborate with cross-functional teams to ensure alignment with top-line strategic and financial objectives. Conduct in-depth analysis and assessments of pre-market, in-market, and post-market activities. Own and drive the Private Brand line plans, considering historical performance and adoption rates. Conduct style outs, ensuring alignment with customer preferences and market trends. Oversee the allocation process, confirming store matrix and applying Min/Max at the Style level. Provide leadership and vision to the Assortment Planning team, fostering a culture of excellence and collaboration. Foster an environment of acceptance and respect that strengthens relationships, and ensures authentic connections with colleagues, customers, and communities Pre-Market: Develop by-store sales and turn plans aligned with annual financial targets. Review receipt flow plan to support category needs, addressing variances with Financial Planning. Define clustering strategy considering channel, tier/climate differences by category. Build and maintain category C-1 in coordination with Divisional Merchandise Manager (DMM). Assess current season performance and determine future season replenishment assortment. Establish bottoms-up targets for key-item volume drivers, trends, and newness. Adjust Private Brand line plans based on historical category performance. Assess breadth, depth, and productivity of the assortment. Finalize composition of 'shopping list' prior to market appointments. In-Market: Quantify Buyer's curated assortment by brand, style, channel, and store cluster. Ensure alignment with cluster financial targets and assortment framework. Identify duplication across styles and vendors during style out process. Post-Market: Conduct style outs in NuOrder or within the market cycle based on system capabilities. Address key style out questions, including customer attributes, breadth across price bands, and tier differences. Finalize necessary changes after style out and Buy Review; send orders for allocation. Key Process Updates: Pre-Market: Senior Director, Assortment Planning to inspect each Assortment Wedge. Discuss top goals, risk and upside assessment, clustering strategy, breadth and depth philosophy, and key door initiatives. In-Market: Assortment Director owns quantification. If an Assortment Director cannot attend market, an Assortment associate is to attend in their place. Post-Market: Style outs to be conducted in NuOrder, including key questions related to customer attributes and tier differences. Allocation process includes confirming the store matrix and applying Min/Max at the Style level. Allocation: Confirm store matrix as the first part of the allocation process. Apply Min/Max at the Sty…