Job Type: Full-time
The Sr. Retail Analyst will be responsible for coordinating the flow of all merchandise with the goal to optimize inventory levels and retail sales. The Retail analyst supports the Company in achieving seasonal inventory goals, timely flow of merchandise, forecast accuracy and order placement objectives. The Retail Analyst will report directly to the VP of Sales.
Responsibilities will include but are not limited to:
1. Commercial Planning and Analysis:
- Initiate analysis and develop recommendations for our Merchant partners.
- Partner with internal Sales team to develop merchandise strategies, driving sales & profitability.
- Develop business plans in partnership with external Merchant partners and provide analysis of historical data to forecast trends.
- Create/maintain weekly Sales Reports and Item Plans for distribution to internal & external business partners.
- Support Key Account business partners on ad hoc customer support needs, such as purchase order writing, buy planning, or sales analysis.
- Monitor and re-trend Sales & Inventory forecasts for both Stores and E-Comm channels.
2. Inventory Management:
- Implement inventory control procedures to maximize sales & minimize overstock and stockouts.
- Monitor flow of goods and make recommendations to external partners to maximize commercial sales.
- Conduct analysis of inventory productivity to identify areas of opportunity in replenishment or allocation strategy.
- Investigate and resolve any sales / inventory issues which may arise.
- Communicate to Customer Service any item updates that are needed.
3. Demand Forecasting:
- Ensure accurate maintenance of Master Forecasting tool to capture wholesale forecasts by item.
- Coordinate with Account Management partners to ensure timely flow of inventory and identify any risks to demand forecasts.
- Develop, Implement, Measure, Achieve and Innovate KPI's (Key Performance Indicator) goals which are critical to our success. Such as In-stock, fill rate, Forecast Variance etc.
Minimum Qualifications
- Degree/Diploma in business administration, Supply Chain Management, Fashion Merchandising, or a related field.
- Minimum 8 years related experience.
- Strong analytical skills with proficiency in data analysis and forecasting techniques.
- Strong communication and interpersonal skills.
- Detail-oriented with strong organizational skills.
- Ability to thrive in a fast-paced, dynamic environment.
- Strong initiative, problem solving, organizational and analytic thinking skills.
- Advanced knowledge in Excel, plus all MS Office programs (Word, PowerPoint, Outlook).
- Positive attitude with excellent customer service skills.
Benefits:
We provide an industry-competitive salary, along with a comprehensive benefits plan (medical, dental, vision) that includes a matching RRSP Plan, generous PTO, merchandise discounts, excellent career development opportunities, and a work environment that reflects our industry leadership.
Who We Are:
Mad Engine is the global leader in consumer products. We create merchandise for anyone and everyone through our full range of private labels, branded and influencer celebrity products. In that same spirit, Mad Engine embraces diversity and strives to create conditions that provide everyone with an equal opportunity to thrive. We are an Equal Employment Opportunity Employer. Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender perception or identity, national origin, age, marital status, protected veteran status, or disability status.
Physical Requirements:
- Extended durations of desk work and computer usage.
- Prolonged viewing and typing on computer screens.
- Requirements to sit, stand, bend, and lift.
- Occasional lifting of objects up to 15 pounds.