Merchandise Planning & Allocation Intern
MERCHANDISE PLANNING & ALLOCATION
DESCRIPTION:
At Bath & Body Works, our Merchandise Planning and Allocation team ensures the amazing products customers love are available when and where they want them. It’s our mission to plan winning product assortments, adjust inventory in-season to optimize performance and analyze results to impact future seasons’ strategies. This work requires strong collaboration with our merchant and supply chain partners and a constant drive to exceed customer expectations.
Our 10-week internship experience will provide the opportunity for a comprehensive learning experience in the areas of space planning and inventory deployment, with additional insights into merchandise planning and demand forecasting within a fast paced, innovative retail brand. Integrated in the program are opportunities to research and propose actionable findings to the business that are customer centric and focused on driving growth within the brand.
RESPONSIBILITIES:
As a MP&A Intern, you will learn and apply various tasks and processes, including, but not limited to:
- Provide analytical support and decision making for development and maintenance of sales, inventory and margin plans that relate to financial targets
- Offer alternatives and recommendations regarding merchandise, demand and inventory plans
- Create daily, weekly, monthly and annual sales and variances to actual results
- Apply statistical techniques to successfully drive business and provide clarification of patterns/trends
- Support the MP&A team in preparation for key weekly business meetings
- Provide support in executing both business and strategic planning
- Participate in variety of summer projects and events including:
- Cross function onboarding
- Functional learning
- Researching business opportunities
- Bath & Body Works intern development activities
QUALIFICATIONS:
To be considered for the MP&A Internship role, the following qualifications are desired:
- University current juniors currently pursuing their bachelor’s degree
- Must be able to work 40 hours per week during summer
- May 27th – August 1st
- Computer fluency with programs such as Outlook, Word, PowerPoint, Excel
- Innate curiosity and desire to learn, strong analytical and logical thinking skills
- Strong problem-solving and analytical skills; strong aptitude with numbers; retail math skills
- Ability to manage through conflict and problem-solve
- Strong communication and presentation skills; can concisely present complex information/recommendations in terms meaningful to various audiences
- Strong organizational skills and ability to multi-task and prioritize
- Able to work in a fast-paced environment
- Have a strong passion for retail