Merchandising Analyst analyzing sales trends and inventory optimization for 1-800 Contacts. Collaborating with cross-functional teams to improve business performance and drive merchandising KPIs.
Responsibilities
Partner with Data and Analytics teams to establish clear, concise dashboards that track key merchandising metrics
Monitor sales performance and trends; identify opportunities and challenges and recommend actions to improve merchandising KPIs
Create and maintain detailed reports and dashboards to track KPIs related to sales, inventory, and demand planning
Analyze sales trends, historical data, and market conditions to develop accurate demand forecasts
Create SKU-level sales projections and work with Purchasing to establish and maintain in-stock % targets
Define, create, and update weekly inventory thresholds for programs
Ensure optimal inventory levels to meet in-stock goals while minimizing excess and obsolete inventory
Partner with the Director of Merchandising to establish an obsolete budget and manage frame inventory and sell-through
Create visibility into discontinued, slow-moving, or obsolete products and develop solutions for potential inventory risks
Assist in developing overarching pricing strategies based on demand, competition, and market conditions
Analyze pricing and gross margin; design and execute price tests to identify opportunities and optimize pricing
Partner with marketing, supply chain, and product development teams to align demand forecasts with marketing campaigns
Work with the merchandising team to curate and optimize the product assortment
Conduct purchase trend analysis for promotional sales periods and new product launches
Requirements
Strong analytical skills with proficiency in data analysis and reporting tools such as Excel, Tableau, and SQL
Experience in merchandising, demand planning, or inventory management, preferably in e-commerce or retail
Excellent communication and collaboration skills; ability to work cross-functionally
Detail-oriented, highly organized, and able to manage multiple priorities
Knowledge of the eyewear industry or fashion retail is a plus.
Benefits
Free eye exams for your entire family
Deep discounts on lenses, glasses, and other services
Amazing healthcare coverage
401(k) match
Flexible PTO
Tuition reimbursement program
In-house restaurant with highly discounted meals (Steak dinner under $6)
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