Senior merchandise planner positions are commonly available at retail stores, especially larger stores with large product volume. Many open positions do not require a specific educational background, although some do require or prefer a bachelor’s degree; at least three to five years of experience as an associate buyer, merchandise planner, or in some form of inventory control is needed as well. In addition, many companies require proficiency with basic computer programs, strong analytical and organizational skills, and excellent communication skills.
Sr. Merchandise Planner Tasks
Analyze sales, returns, and inventory to identify financial strategies and provide reports and metrics.
Plan merchandise display and promotions from pre-season through every season, including pricing decisions.
Create and implement financial plans for sales, inventory, profit margin, and returns.
Develop markdown and sales strategies based on analytics.