Saks Fifth Avenue logo
Saks Fifth Avenue

Saks Fifth Avenue is a luxury retail brand based in New York, New York, on a mission to help customers express themselves through inspiring and relevant style.

Planner

Location

United States

Posted

9 days ago

Salary

$116K - $148K / year

Seniority

Mid Level

No structured requirement data.

Job Description

Planner

Saks Fifth Avenue

Role Description As a Planner, you will get to partner closely with Buyers to build and execute strategies that drive sales, profitability, and inventory efficiency. Each day involves creating and managing seasonal buy plans, financial forecasts, and in-season performance analyses to support business goals. You'll make key decisions around allocation and replenishment to optimize store-level inventory, while identifying risks and opportunities to maximize profits. Responsibilities - Own sales and inventory performance by door, recommending strategies at the department/class level to drive results. - Develop and execute pre-season merchandise plans with Buyers and Brand Partnerships & Buying Leads to identify risks and opportunities. - Partner with store management to uncover growth opportunities and optimize assortment by location. - Support the creation of buy plans and assortment matrices through analysis and market research. - Oversee purchase order placement, order flow, and case pack recommendations. - Manage monthly and seasonal sales, margin, and inventory projections with the Buying Office. - Act as a key liaison between Corporate Planning and the Buying Office to ensure alignment and communication. - Draft and review product and location plans, allocation strategies, and financial recaps. - Mentor Assistant Buyers and help develop their financial and planning skills. - Continuously improve financial tools and contribute to process enhancements and strategic initiatives. Qualifications - 3–5 years of experience in merchandising, planning, or related retail roles; Bachelor's degree required. - Strong leadership, communication, customer service, and organizational skills. - Proven ability to collaborate across cross-functional teams and all levels of management. - Exceptional analytical, strategic thinking, problem-solving, and negotiation skills. - Highly proficient in Excel (macros, VLOOKUPs, pivot tables, complex formulas) and strong technical aptitude. - In-depth understanding of merchandise planning concepts such as projections, gross margin, and sell-through. - Adaptable, self-motivated, and results-oriented with the ability to prioritize in a fast-paced environment. - Demonstrated process management, functional/technical skills, and customer focus. - Experience presenting business insights and recommendations to key stakeholders. - Innovative and forward-thinking with a strategic, agile mindset. Benefits - Comprehensive benefits package for all eligible full-time employees (including medical, vision, and dental). - An amazing employee discount. - Medical insurance, dental insurance, vision insurance, 401(k) retirement plan, basic life insurance, supplemental life insurance, disability insurance, and a variety of additional voluntary benefits (such as critical illness, hospital and accident insurance).

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