Toys'R'Us, Inc. Merchandise Planning Analyst in Wayne, New Jersey
Come work at a place where innovation and teamwork come together to support the most exciting missions in the world!
The Planning and Allocation Analyst maintains and analyzes item plans for one or more departments. Additionally, they are responsible for creating item plans for new items, taking into account promotional needs, seasonal build, display requirements and other factors. This position proactively works directly with vendors to exchange orders, sales data and item availability information. Works directly with cross functional groups on tactics to achieve corporate goals. The position also plays a pivotal role between the merchant team, the vendor community, and other internal teams that support store execution. As such, the position demands a very high attention to detail, a flexibility and willingness to make running changes and a relentless focus on achieving results. This position reports directly to a Manager of Merchandise Planning and Allocation.
Key Tasks & Responsibility
Item Ordering & Replenishment System
Responsible for reviewing and maintaining DC and Store In Stocks
Ensure system inputs are accurate based on business need, partnering with S&OP to make systematic adjustments when need be.
Review upcoming promotions, ensuring coding is accurate and promotions are planned appropriately
Review Overages in inventory, make markdown/promotional recommendations to buying team. Action orientated
Review Flow to stores and collaborate with S&OP to adjust based on business needs
Collaborate with buying team to ensure go forward assortment meets within financial guidelines
Collaborate with buying on item quantities for new items, generating and manage associated POs
Create/Manage Weekly Item Plans for new items
Review and adjust case pack size and quantities based on business need
Collaborate with buying on space allocation to ensure sales plan and inventory plan support being instock ( Feature Shops/POGs), identifying issues and escalating when need be
Review Vendor Lead times and Review times, adjusting based on business need
Build relationships with Vendor partners
Ensure vendors have appropriate go forward forecasts
Monitor Fill Rates and On time performance, escalating issues
Builds cross functional relationships
Developing Problem Solving Skills
Developing Verbal and Written Communication Skills
Bachelor’s Degree in Business related field, such as supply chain, economics, etc. and/or a minimum of 2 years in equivalent experience
Skills required in:
Inventory Analysis & Planning
Financial Planning & Cash Flow impact
Retail Industry Acumen
Basic skills in Negotiation and Business Analyses
Basic knowledge and understanding of store fixtures, signage and merchandise layout
Knowledge of 4R, DCM a plus.
Advanced skills in MS Excel, intermediate skills in MS Word, and basic skills in PowerPoint
Toys"R"Us is an equal-opportunity employer and is committed to providing a workplace free from harassment or discrimination. All employment decisions are to be made without regard to race, color, age, gender, sexual orientation, religion, marital status, pregnancy, national origin/ancestry, citizenship, physical/mental disability, military status or any other basis prohibited by law.
Toys“R”Us recognizes that its team members are its greatest asset and is committed to developing high-performing, highly engaged and diverse talent. The company offers various employment opportunities, ranging from internships to top management positions at the company’s Global Resource Center in Wayne, New Jersey. In addition, job seekers can explore positions at Toys“R”Us and Babies“R”Us stores and distribution centers coast-to-coast.