The average salary for a Merchandise Planner in United Kingdom is £28,021.
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£21k - £45k
£504 - £5k
£0 - £2k
£22k - £46k
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Job Description for Merchandise Planner
Merchandise planners are in charge of developing effective merchandise strategies for their company. They are responsible for creating sound financial plans that reduce company spending, and increase overall profit. They review forecasts, use past performance to make projections, make recommendations for promotional markdowns, and manage inventory to maximize profitability. Additionally, merchandise planners research market trends to increase create more attractive offerings. Most of the time,…Read more
Merchandise Planner Tasks
- Decide what merchandise to buy based on past sales and market trend forecasts.
- Suggest strategies for promotion and pricing based on current sales trends.
- Track the level of inventory compared to the number of sales, working to quickly turn around products.
- Generate short and long term merchandising plan to meet company financial objectives.
Merchandise Planner Job Listings
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Popular Skills for Merchandise Planner
Skills in Forecasting, Microsoft Excel, Strategic Planning and Inventory Management are correlated to pay that is above average. Skills that pay less than market rate include Data Analysis.
Pay by Experience Level for Merchandise Planner
An early career Merchandise Planner with 1-4 years of experience earns an average total compensation (includes tips, bonus, and overtime pay) of £26,230 based on 18 salaries. A mid-career Merchandise Planner with 5-9 years of experience earns an average total compensation of £34,392 based on 13 salaries.
Pay Difference by Location
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Years of Experience
This data is based on 31 survey responses.
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