About this role
Las Vegas, Nevada
The SHOW comes alive at MGM Resorts International
Have you ever wondered what it would be like to work in a place full of excitement, diversity, and entertainment? Are you enthusiastic about being a team player in one of the most fascinating industries in the world? At MGM Resorts, we seek individuals like YOU to create unique and show-stopping experiences for our guests.
THE JOB:
The Senior Merchandise Planning Manager is responsible for managing the Merchandise Planning process for both pre-season budgets and in-season forecasting for retail metrics including sales, inventory levels, margins, receipts and markdowns.
THE DAY-TO-DAY:
- Assists Executive Director with managing inventory plans from investments through allocation and execution, including ongoing reviews and updates
- Assists the Planning Managers in using top-down plans to develop pre-season plans by store/classification and store/vendor
- Reconcile bottom- up plans to the top-down plans as set by Executive Director of Planning and review and revise variances
- Reviews plans with Retail Store Operators and Retail Merchandising and assist with re-forecasting as needed
- Responsible for Open to Buy (OTB) process to ensure product flow will meet sales and margin objectives
- Manages all aspects of store and vendor replenishment, including vendor replenishment set up and schedules
- Reviews assortment plans/fixture plans by store to ensure open to buy (OTB) reconciliation and accurate allocation of product
- Oversee the markdown process to maximize gross margins and mitigate risk
- Executes the pricing and promotion strategies to drive incremental gross margin dollars
- Works with Planning Managers, Planners, and Buying teams to ensure timely seasonal transitions of merchandise
- Works with Distribution Center to convert monthly dollar budget into unit flow
- Partners with Retail Finance to prepare and execute monthly, quarterly, and seasonal business reviews
- Reviews P&L and analyze financial reports to determine actionable improvements as it relates to inventory and gross margins
THE IDEAL CANDIDATE:
- Bachelor's Degree required
- 3+ Years of prior relevant experience required
- Experience with MS Word and Outlook (Intermediate level) required
- Advanced knowledge Internet, PowerPoint and databases required
THE PERKS & BENEFITS:
- Wellness incentive programs to help you stay healthy physically and mentally.
- Health & Income Protection benefits (for eligible employees).
- Access to company hotel, food and beverage, retail, and entertainment discounts as well as discounts with company partners on things like travel, electronics, online shopping, and more.
- Free meals in our employee dining room.
- Free parking on and off shift.
- Healthcare, financial, and time off benefits.
- Professional and personal development through programs and networking opportunities as well as volunteer opportunities in the community.
VIEW JOB DESCRIPTION:
https://mgmresorts.marketpayjobs.com/ShowJob.aspx?EntityID=2&jobcode=19414
Are you ready to JOIN THE SHOW ? Apply today!