How to get a job in fashion
How to get a job in fashion
How to get a job in fashion
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A C T I V I T Y P R O F I L E<br />
A C T I V I T Y P R O F I L E<br />
Merchandise Plann<strong>in</strong>g<br />
Duties • manage f<strong>in</strong>ancial success by driv<strong>in</strong>g sales, marg<strong>in</strong> and<br />
<strong>in</strong>ven<strong>to</strong>ry turns<br />
• develop per-season sales, marg<strong>in</strong> and <strong>in</strong>ven<strong>to</strong>ry plans by<br />
department and division<br />
• work with merchandisers <strong>to</strong> develop strategies for maximiz<strong>in</strong>g<br />
bot<strong>to</strong>m-l<strong>in</strong>e profitability<br />
• identify product and promotional opportunities based on sales<br />
trends and consumer his<strong>to</strong>ry<br />
• create markdown strategies that align with monthly<br />
<strong>in</strong>ven<strong>to</strong>ry goals<br />
Salary starts around $40,000–<strong>to</strong> $100,000+<br />
Attributes/skills/ • analytical m<strong>in</strong>dset<br />
credentials • strong communication and organizational skills<br />
• detail oriented approach<br />
• strategic outlook and focus<br />
• computer literacy (Word, Excel, and often familiarity with <strong>in</strong>dustry<br />
specific software <strong>in</strong>clud<strong>in</strong>g: MMS, ARTHUR, Retail L<strong>in</strong>ks, E3,<br />
AS400 and Retek)<br />
• Bachelor’s Degree <strong>in</strong> Buy<strong>in</strong>g and Merchandis<strong>in</strong>g,<br />
Bus<strong>in</strong>ess Adm<strong>in</strong>istration or the Liberal Arts<br />
Step-by-step<br />
Plann<strong>in</strong>g Direc<strong>to</strong>r<br />
Plann<strong>in</strong>g Manager<br />
Merchandise Planner<br />
Allocation<br />
Duties • manage <strong>in</strong>ven<strong>to</strong>ry <strong>to</strong> maximize s<strong>to</strong>re’s profitability with attention<br />
<strong>to</strong> volume and physical space<br />
• plan merchandise assortments for retail s<strong>to</strong>res<br />
• analyze his<strong>to</strong>rical and current data regard<strong>in</strong>g s<strong>to</strong>re performance<br />
• moni<strong>to</strong>r distribution of merchandise and track product test<strong>in</strong>g<br />
• coord<strong>in</strong>ate receipt flow from the distribution center <strong>to</strong> s<strong>to</strong>res for<br />
effective <strong>in</strong>ven<strong>to</strong>ry levels<br />
• evaluate daily computerized sales<br />
Salary starts around $40,000–<strong>to</strong> $75,000+<br />
Attributes/skills/ • analytical m<strong>in</strong>dset<br />
credentials • strong communication and organizational skills<br />
• detail oriented approach<br />
• troubleshoot<strong>in</strong>g headset<br />
• computer literacy (Word, Excel, and often familiarity with<br />
<strong>in</strong>dustry specific software <strong>in</strong>clud<strong>in</strong>g: MMS, ARTHUR,<br />
Retail L<strong>in</strong>ks, E3, AS400 and Retek)<br />
• knowledge of retail math<br />
• Bachelor’s Degree <strong>in</strong> Buy<strong>in</strong>g and Merchandis<strong>in</strong>g,<br />
Bus<strong>in</strong>ess Adm<strong>in</strong>istration or the Liberal Arts<br />
Step-by-step<br />
Allocation Direc<strong>to</strong>r<br />
Allocation Manager<br />
Alloca<strong>to</strong>r (may also be called Merchandise Analyst<br />
or Distribu<strong>to</strong>r)<br />
24 Seven, Inc.<br />
24 Seven, Inc.
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