Job Details

Corporate Planner (OFF 5TH)

Location NEW YORK , New York , United States
Category Merchandising
Job Opened October 29th, 2020
Education Bachelor's Degree
Job Number 200003KJ
Job Type Full Time

job description

What This Position is All About:

The Planner, Corporate Planning is responsible for meeting or exceeding sales and profit objectives for the business unit, working in partnership with Merchandise Planning Leadership, Divisional Merchandise Managers, and Planners. The responsibility includes partnering with the Corporate Planning leadership to establish seasonal planning targets and by door plans. The Planner, Corporate Planning will also assist in the open to buy process across Saks OFF 5TH team, in addition to managing multiple ad hoc projects related to overall business unit planning strategies. This role requires strong partnerships with our Corporate Finance, Strategy, Digital, Tech, and Saks OFF 5TH Store teams.

Who Are You:
  • A natural problem-solver, who is also analytical and creative
  • You understand the value of being proactive and solution-oriented
  • You have a can-do attitude
You Also Have:
  • Bachelor's Degree
  • 3-5+ years in buying, planning or allocation capacity, Off-Price retail experience a plus
  • Strong business and financial analysis skills
  • Strong cost math acumen, including elements of markup, margin planning, open to buy, inventory productivity measures (WOS, Turn, GMROI)
  • Strong communication and presentation skills; extensive exposure to senior management
  • Excellent computer skills including MS Word and Excel
  • Demonstrated managerial and leadership skills
As The Corporate Planner, you will:

Financial Planning

  • Assist in developing sales, GP and inventory targets for the business unit and major business areas.
  • Develop store sales and gross profit plans with store partners. Create by day sales plans. Updates the monthly sales, gross profit and inventory forecast and reviews it with Finance.
  • Lead the planning team in recommending potential systems and process enhancements relating to planning and open to buy. Create and participates in ensuring adherence to the company's planning calendar and presentations to support the communication of plans.
  • Provide significant analysis to support seasonal planning decisions and directions, inventory aging, full priced and markdown selling and gross margin, transfers, new and closed stores.
  • Acts as the key liaison between Planning and Finance to provide forecasts and analytics.
  • Measures effectiveness of Marketing and event offers for company-wide promotions.
  • Works closely with Planning teams to identify opportunities and drive business strategy.
  • Forecasts and analyzes customer traffic trends to identify risks and opportunities.
 Open-to-Buy Monitoring
  • Identifies and communicates divisional OTB monthly trends and direction to Planning teams. Reviews and participates in the monthly OTB (forecast sales and inventories) Reviews inventory productivity (WOS, Turn) and recommends adjustments to business trends.
  • Reviews actual to planned receipt performance. Reviews performance via the monthly stock ledger.
  • Participates in the development of and reviews age of inventory/ exit strategies.
  • Reviews markdown projections and vendor allowance projections.
  • Reviews all pertinent factors (MU, MD's, VA, etc.) relating to profitability. Manages the process including meeting plans, reporting and analysis, and reviews process with SVP of Planning and GMM's.
Business Strategy
  • Key liaison between Planning and the Finance team. Provides insight into business unit data and reporting. Forecasts and tracks success of newly implemented projects/initiatives, opportunity areas and potential liabilities.
  • Support Planning projects through the development of action focused solutions based on analysis.
  • Presents findings and proposed actions to cross functional team members and business leaders.
Your Life and Career at HBC:
  • Be part of a world-class team; work with an adventurous spirit; think and act like an owner- operator!
  • Exposure to rewarding career advancement opportunities, from retail to supply chain, to digital or corporate.
  • A culture that promotes a healthy, fulfilling work/life balance
  • Benefits package for all eligible full-time employees (including medical, vision and dental).
  • An amazing employee discount

Thank you for your interest with HBC. We look forward to reviewing your application.


HBC provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, national origin, age, disability or genetics. In addition to federal law requirements, HBC complies with applicable state and local laws governing non discrimination in employment in every location in which the company has facilities. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence,compensation and training.


HBC welcomes all applicants for this position. Should you be individually selected to participate in an assessment or selection process, accommodations are available upon request in relation to the materials or processes to be used.

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