Job Abstract

Job Description:

Who We Are: 

Saks is a world-renowned luxury ecommerce destination. The company’s unique approach combines a focus on the digital customer experience with a strong connection to a network of extraordinary stores that extends that seamless experience into the real world. 

On its website and app, Saks offers an unparalleled selection of curated merchandise  across fashion for women and men, beauty, jewelry, home décor and more. In addition to the shopping experience, customers come to Saks for inspiring editorial content, access to digital stylists, lifestyle experiences and other world-class services. The company is currently in the midst of a dramatic expansion, driven by significant enhancements to its platforms and offerings, with the goal of becoming the preeminent destination for luxury internationally.

Role Summary: 

The Associate Store Planner is responsible for supporting the planning and buying teams during pre and in-season planning processes. They will work closely with the Store Planner to achieve sales and profit objectives for merchandise category/categories, working in conjunction with one or more buying teams. The Associate Store Planner will support Store Planner with development and successful execution of topside financial plans, assortment and buy plans. The Associate Store Planner will also support the buying team with Open to Buy (OTB), receipt management, market prep, and ad hoc merchandise analysis. . 

Key Qualifications: 

Required Qualifications (Minimum Requirements): 

• Bachelor's Degree Required 

• 2-3 Years of experience in financial planning or business modeling, merchandise planning or buying 

• Analytical skills and ability to provide analysis to drive the business 

• Knowledge of retail math and cost accounting 

• MS Excel skills including formulas and data sorting 

Preferred Qualifications (nice to haves): 

• Strong communication skills and the ability to work both autonomously as well as within a team 

• Ability to solve problems through analyzing large data sets 

•  Excellent verbal and written communication skills with the ability to interact professionally with a diverse group - executives, managers, and subject matter experts within and outside of the Store Planning team 

• Ability to multitask and prioritize

• Strong organizational skills and attention to detail

Role Description: 

• Manage all level by door analysis inclusive but not limited to: 

  • By door sales plans 

  • Allocation of buys 

  • Pre-season by door assortment planning 

  • Store to store stock balancing 

  • Sizing by door 

• Utilize data and store insights to uncover opportunities within the store fleet & provide key finds to merchant teams so they are actioned on 

• Assists the Store Planner on preseason and in season management of store inventories to ensure achievement of financial targets (sals. Profit, inventory turn, GMROI)

• Manage leveraging data and tangible feedback to determine ladder planning concept of key items in key markets. 

• Collaborate and partner with cross-functional departments, ie. Marketing and Store Operations to ensure success or product strategies and launches 

• Train and collaborate with the India Allocation team on allocation effectiveness. 

• Manage size curves and lead counterparts through annual update of size curves 

• Demonstrates proficiency in contributing to a culture of accountability, inclusion, and cohesion 

• Manage category OTBs

Your Life and Career at Saks:

• Exposure to rewarding career advancement opportunities, from retail to supply chain, to digital or corporate.

• A culture that promotes a healthy, fulfilling work/life balance

• Benefits package for all eligible full-time employees (including medical, vision and dental).

• An amazing employee discount

Saks.com is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.

*The above expected salary range may have some variability based upon factors including, but not limited to, a candidate’s overall experience, qualifications, and geographic location. If you are interested in the role, we encourage you to apply and, if selected to move forward in the interview process, you will have a chance to speak with our recruitment team regarding your specific salary expectations.