Mejuri is seeking a Senior Planner, Retail Allocations to join our Product Supply team during an exciting period of growth! With 20 new store openings planned next year, this role is critical to ensuring inventory aligns with customer expectations and sales forecasts, directly driving revenue growth and profitability.
Reporting to the Retail Allocations Manager, the ideal candidate is a customer-focused, analytical self-starter who thrives in a fast-paced, high-growth environment. You will execute allocation strategies that optimize store performance, support seamless new store openings, and contribute to Mejuri’s mission by ensuring that products are available at the right time and in the right quantity to create exceptional customer experiences.
What you'll do
- Retail Allocation Strategy: Collaborate with Merchandising and Planning to develop and execute tailored store-specific allocation strategies, aligning inventory plans with overall merchandise goals to optimize sales, profitability and inventory turns.
- Product Allocation & Replenishment: Allocate and replenish products to stores based on assortments, store clusters, and financial targets, ensuring optimal stock levels to meet customer demand while minimizing excess and obsolescence.
- Seamless Store Openings: Partner with cross-functional teams to support 20+ planned store rollouts, defining inventory breadth and depth to ensure new locations are fully stocked and operationally ready from day one.
- Inventory Optimization: Monitor inventory health through weekly assessments, execute rebalancing strategies to eliminate excess inventory, and improve inventory turns across the retail network.
- Sales Growth Support: Drive allocation strategies to capture market share in both existing and new locations, directly supporting revenue growth and delivering an exceptional customer experience.
- Reduced Obsolescence: Implement data-driven allocation adjustments to minimize end-of-season excess inventory, reducing write-off risk and protecting profit margins.
- Performance Analysis: Continuously analyze sales trends and retail performance data to identify growth opportunities by style, category, price point, or region, and refine future allocation strategies accordingly.
- Reporting & Insights: Prepare and present regular KPI reports to leadership, delivering actionable insights and recommendations to optimize inventory performance and align with financial objectives.
- Process Improvement: Design and refine scalable allocation, replenishment, and inventory management processes, leveraging analytics tools to enhance efficiency, align inventory strategies with market dynamics, and support the growing store network.
- Cross-Functional Collaboration: Work closely with Merchandising, Planning, Retail, Operations, and Logistics teams to ensure seamless execution of inventory plans and alignment with broader business objectives.
What you'll bring to the team
- Proven experience in retail allocation, inventory management, or merchandise planning within a fast-paced, high-growth retail environment.
- Strong analytical and technical skills, including proficiency in allocation tools, inventory systems, and advanced Excel (experience with Blue Ridge is a plus).
- A customer-focused mindset with a track record of aligning inventory strategies to improve product availability and enhance the shopping experience.
- Excellent collaboration and communication skills to work effectively with cross-functional teams, including Merchandising, Planning, Retail and Operations.
- A data-driven, problem-solving approach with the ability to develop scalable processes for a rapidly expanding retail network.
- Enthusiasm for Mejuri’s mission, with experience in retail, fashion, or jewelry considered a strong asset.
- A minimum of three weeks vacation, plus personal days and three religious observance days.
- A hybrid work model for all corporate roles.
- ‘Mejuri Passport’ which allows employees who meet specific criteria to work in other locations for one month per year.
- Comprehensive medical and dental benefits, including mental health coverage, and generous personal and sick days for our full-time employees. We also offer bereavement leave, including miscarriage and stillbirth support.
- Parental leave salary top-up of up to 80%, as well as a personalized return-to-work transition and accommodation plan for full-time employees.
- Semi-annual performance reviews.
- A generous product discount!
Posting Expiry Dec 17th 2024. After Dec 17th if the role remains open, the posting will remain online until filled.
Along with our central mission and vision, we have guiding values that set the tone for where we’re heading and how we work together. These values are behaviors that form our shared beliefs and approach to how we wish to work together at Mejuri, regardless of role, level, and work location. Our 8 core values help drive our decision making when we are cross collaborating, redefining luxury, and creating a sense of commitment and inclusion to help shape our company culture.
Our values are:
FIND A WAY | We break down problems into manageable steps, explore creative solutions daily, learn from failure, and adapt quickly
RAISE THE BAR | We share constructive feedback openly, continuously improve personal and team performance, collaborate and challenge for better outcomes
CUSTOMER OBSESSED | We actively listen to customer feedback, make decisions that impact customers positively, continuously refine product, service, or customer interactions
EMPOWERED OWNERS | We proactively address cross team challenges, willingly tackle any task big or small, take initiative, and lead by example
JUST DO IT | We make informed decision quickly, encourage experimentation and learning, encourage thoughtful risk taking, embrace change, and stay adaptable
HUMILITY | We acknowledge team contributions before self, acknowledge and learn from mistakes, maintain an open and receptive mindset, and promote a respectful work environment
CURIOSITY | We seek out new challenges daily, ask questions to understand deeply, reimagine and innovate to drive progress
DRIVE RESULTS | set clear goals and prioritize tasks, focus on high impact activities daily, monitor progress through clear metrics, stay persistent and solution orientated