Jobs Companies MGM Resorts Merchandise Planning Manager

About this Merchandise Planning Manager role at MGM Resorts

MGM Resorts · Onsite · Office - Bellagio
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

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About MGM Resorts

At MGM Resorts, we exist to entertain the human race and provide an unforgettable escape. From delivering excellence for our guests to building and sustaining our communities, you can join our diverse teams of world-class talent and thrive in our collaborative environment. Our iconic MGM Resorts brands offer everyone a wide variety of exciting career opportunities with access to unlimited growth. Be part of a unique world filled with anticipation, entertainment and unparalleled experiences — combined with competitive rewards and exclusive perks. Together, we will use our meaningful relationships to continue to build our authentic culture. We know the importance of respecting each other’s dif

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