Manager, Merchandise Planning and Replenishment (37284)

Want to love where you work? At Jo-Ann Fabric and Craft Stores, our team members are the key to our ability to achieve our mission – to spark the creativity that lives in every person. When you shop our stores, not only will our stores and the products we sell excite you, you will quickly notice that our teams are inspired to provide exceptional service. They are the reason we are the best fabric and craft retail brand in the country. They are why our customers love to shop our stores In each of our nearly 800 locations throughout the U.S., you will find our Team Members directly interacting with customers and assisting with operational, merchandising, and receiving tasks throughout the store. If you are dynamic, energetic and have a passion for serving and inspiring creativity, you will love working at Jo-Ann. Summary
The Manager, Merchandise Planning and Replenishment is responsible for leading the merchandise planning for given shops. This entails the development and execution of merchandise plans, merchandise forecasts, and assortment plans. Responsible for planning and managing the execution of replenishment for all basic articles for each business; while maintaining DC and store in-stock positions, service levels, and basic inventory levels within a DMM area. Manage the Open to Buy in each business. Manage the execution of replenishment and allocation for all seasonal and fashion articles for each business. Develop and execute overall strategies and initiatives to improve forecasting, replenishment, and allocation systems and processes. Define and implement the best practices for servicing the DCs and the stores.

Scope

• Oversees development of sales, margin, and inventory financial plans and forecasts for their buyers in accordance with buyers’ strategies and initiatives.
• Accountable for maintaining the Open to Buy (OTB) and informing/making recommendations to appropriate management before limits are exceeded. Develops, executes and manages forecast processes.
• Reviews and updates the optimal targets for velocity codes, WOS inventory goals, vendor lead times and order frequencies.
• Works to ensure inventory levels are maintained at site level based on sales projections and inventory targets.
• Manages and executes processes for replenishment of basic articles. Develop and execute strategies for improving fundamental processes and business analysis as well as system integration.
• Coaches and develops a team of planners and analyst. Develops and communicates performance goals, evaluates performance, and provides constructive feedback on a timely basis.

Education Requirements

• Minimum: Bachelors Degree (Major - Finance/Accounting, Merchandising, Business, Marketing, Statistics, Operations Research, Logistics)
• Preferred: Masters Degree / MBA (Major - Finance/Accounting, Merchandising, Business, Marketing, Operations Research, Logistics)

Experience

• Minimum: 5+ years of experience in replenishment, forecasting, allocation, merchandise planning, supply chain or related environment, analytical retail experience and experience in high article count retail systems. Strong background in managing the Scope, and implementation of complex projects related to statistical forecasting, replenishment, allocation, and vendor-related activities. Ability to work well in a team environment, possess effective interpersonal, communication, and problem solving skills.

Our company is an Equal Employment Opportunity Employer. This job summary is intended to be brief and does not list all the duties for this position. Nothing in this job description should be construed as an express or implied contract of employment. Jo-Ann Stores, LLC. is an at-will employer, which means that your employment may be terminated by the Company or yourself with or without notice or cause unless the at-will arrangement is modified by a written agreement signed by both you and the Chief Executive Officer of the Company.