About Fair Harbor

Fair Harbor makes ultra-comfortable beachwear made from recycled plastic bottles. Founded in 2014 by siblings Jake and Caroline Danehy, Fair Harbor was started with the goal of helping promote the mitigation of single use plastics and keeping waste out of our oceans. Here at Fair Harbor we create products for you to enjoy the places we love, while protecting those places too.

About The Role

As a Planner / Merchant you will be responsible for managing the Fair Harbor Open-to-Buy and analyzing product selling and margin. This role will be key in analyzing current selling patterns, informing important decisions about buys and current inventory turns. The Planner / Merchant will also use previous selling data to help plan future inventory buys. This role will be very analytical and requires a comprehensive knowledge of excel as well as previous training in eCommerce buying and planning. Fair Harbor also expects this person to have instinct and passion for merchandising and product assortment. The person in this role must be detail oriented, organized and have the ability to juggle multiple tasks under aggressive timelines.

Merchandise Financial Planning and Inventory Management

  • Maintain monthly and yearly OTB, including reforecasting sales, margin, receipts and inventory
  • Review plans and forecasts, identify risks and opportunities, and drive action plans
  • Communicate the state of the business in weekly meetings and monthly OTB meetings. Recommend strategic actions to maximize sales & margin, optimize inventory, and mitigate risk
  • Ensure that on-order and committed receipts are delivering on time to support forecasts
  • Recommend “chasing” or “reflowing” receipts as appropriate

Assortment Planning

  • Pre-Season:
    • Create annualized financial plans for select category/categories (including sales, gross margin, receipt and inventory targets) that ladders up to merchandise financial plan
    • Manage Buy Tools and the completion of the buys in collaboration with buying team
    • Ensure Key Item plans are factored into the assortment
    • Work with the buying team to ensure final assortment supports sales based on hindsights and that the inventory buys are appropriate to deliver sales and sell thru targets, including during key ecommerce event periods
  • In-Season:
    • Review and Manage Key Item planners weekly. Communicate demand requirements to corporate merch planning and production based on buy calendar
    • Report out on Key Item performance/trends in weekly business meetings
    • Collaborate with buying to understand stock needs in fashion best sellers and key marketing messages

Business Management / Reporting and Analysis

  • Prepare for key promotional and seasonal periods by ensuring sufficient stock levels overall and in expected best sellers. Analyze event performance to Forecast/LY and communicate results
  • Review pricing and MD analysis in conjunction with Buying. Support price change and decisions on promotional strategies
  • Analyze sales and inventory reports and develop strategies to achieve Plan
  • Complete specific analysis to support buy process i.e. - Size level analysis

Qualifications:

  • Bachelor’s Degree
  • Proficient in Microsoft Office, including excel and powerpoint
  • 3-5 years of experience working in a planning or finance related field
  • Experience with planning and business reporting applications a plus
  • Prior experience in ecommerce highly desired
  • Excellent communication skills
  • Strong analytical skills paired with strategic business acumen
  • Detail-oriented, results-driven, highly motivated, and entrepreneurial
  • Strong organizational skills and excellent communication skills

What We Offer

  • Competitive Compensation
  • Health and Dental Benefits
  • Advancement Opportunities
  • Open PTO Policy
  • 10 Company Holidays annually (Holiday Calendar)
  • Weekly out of office team activities (*currently on hold due to COVID)

Company Culture

  • Fair Harbor Family: We believe in turning our employees and customers into family
  • Sustainability: We believe in leaving the world better than we found it and using our products as a platform to promote the mitigation of plastic waste. We regularly engage in company cleanups to spread awareness and educate about the impact of plastic waste
  • Fun: We believe in letting loose, enjoying the special moments when we are off duty and building products that help us and our customers enjoy our time to the fullest
  • Collaboration: We trust and respect one another, which contributes to our collaborative work environment