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Merchandise Planner

Los Angeles, CA
May 21, 2020

At 99 Cents Only Stores, LLC, we are recruiting talented individuals for the position of Merchandise Planner – Fresh.

About The 99: 
99 Cents Only Stores is a unique extreme value retailer of primarily name brand consumables and general merchandise. We provide an exciting primary shopping destination for value-conscious consumers, and a fun treasure-hunt shopping experience for individuals and families in our communities! Our corporate associates support our stores in delivering an exemplary experience to customers with a fun, friendly and energetic approach, resourceful problem-solving, and innovating ideas that bring great products at great value to families throughout the communities we serve. We offer competitive medical, dental and vision plans, an outstanding 401K plan, and fantastic career opportunities! If this sounds like your next career step, read on!

The Position                
The Merchandise Planner will be responsible for a range of inventory forecasting activities including but not limited to: inventory forecasting, historical item sales trend review, developing new item introduction and exit strategies, validation of closeout quantities and lifecycle, promotional inventory requirements, store category sales and inventory analysis, adjustment of seasonal inventory projections, creation of weekly sales and inventory position reports, coordinate with cross-functional teams such as Logistics, Buying, Bargain Wholesale group, Marketing, Allocation, Store Operations and more.

Duties and Responsibilities

  • Gather, analyze and validate weekly sales and inventory data
  • Enter and modify constraint data in DC forecasting system
  • Modify recommendations based on promotional and seasonal trend requirements
  • Apply error analysis techniques to improve forecasting
  • Review promotional items and project anticipated sales and unit preparation
  • Analyze post promotional activity with sell through performance
  • Monitor timeliness of purchase order creation and/or transfers from CDC to KDC
  • Monitor inbound and outbound flow of product to increase product turn
  • Ensure optimum inventory levels necessary to meet projected sales demands
  • Coordinate transfers to our Katy DC in Texas to maintain appropriate inventory levels
  • Ensure accuracy of product hierarchy and flags
  • Make recommendations for product mix revisions based on sales trend
  • Work closely with Regional Directors, Buyers, Bargain Wholesale and Allocation teams to increase sales opportunities

Skills and Requirements

  • BA/BS college degree or related work experience
  • Three to five years of experience in a similar retail environment
  • Business knowledge of similar retail planning concepts
  • Ability to work in a team environment
  • Excellent Excel and Outlook skills
  • Strong problem solving and analytical skills
  • Excellent written and verbal communication skills
  • Self-starter with entrepreneurial attitude
  • Ability to multi-task
  • Advanced organizational skills required
  • Excellent math skills
  • Ability to analyze past sales data and make assumptions to future trends
  • Ability to work closely with many different teams within the company
  • Ability to troubleshoot
  • Consistent follow through is a must
  • Highly driven and motivated to succeed
  • Flexibility to changing duties and responsibilities
  • Assertive, ability to develop credibility and influence across organization
  • Proficient understanding of the stores need, system capability and company directives
  • Ability to work in fast paced environment

99 Cents Only Stores, LLC operates nearly 400 stores in California, Texas, Arizona, and Nevada, and employs over 16,000 individuals proudly serving their communities! 99 Cents Only Stores, LLC is an Equal Opportunity Employer.

Copyright © 2020 99 Cents Only Stores LLC. All Rights Reserved.