What does a Business Planner do?

Business planners take a primary role in the strategic planning process for clients or organizations. They plan, develop, and implement strategies for all facets of business operations, including budgeting, administration, production, personnel, sales, and logistics. They have a strong focus on long-term growth and identify tactics and practices to accomplish those goals. They also establish benchmarks and metrics to evaluate progress and measure success. These planners work closely with stakeholders from across the organization.

Business planners typically have at least a bachelor’s degree in a business-related area, although an MBA or other advanced degree is an asset. They must possess an extensive business background, have familiarity with a broad range of business roles and tasks, and be innovative thinkers who can focus on a comprehensive long-term vision. Requires good communications skills and ability to interact with representatives at all levels of the organization.

What responsibilities are common for Business Planner jobs?
  • Ensure all plans reconcile and meet corporate growth objectives.
  • Monitor business and operation changes to ensure plans remain current and valid.
  • Prepare and conduct training briefings and overviews to educate workforce personnel.
  • Perform business process analysis/business impact analysis (BPA/BIA), risk assessments of essential functions and/or information systems in accordance with federal directives and industry best practices.
  • Analyze performance data, highlighting key findings with buyers.
  • Collaborate with buyers to develop and analyze opportunities to achieve the financial plan.
  • Foster core strategy development, large scale implementation and process optimization.
  • Assist buyers in ensuring key retail metrics are achieved on the OTB at the channel and gender level.
  • Ensure reconciliation with financial goals such as revenue, margin, turns and optimal inventory.
  • Prepare and update the monthly Open to Buy forecasts and track the performance to Plan, Prior forecast and LY by channel and gender.
  • Develop tools, manage, and recap weekly reporting for review by business partners, supporting required analysis and business decisions regarding markdowns and the OTB adjustment on a weekly, monthly, and quarterly basis.
  • Coordinate meetings with clients, document and distribute meeting minutes, ensure actions items are completed on time, communicate project status, escalate issues to management as appropriate.
  • Collaborate with leaders, business analysts, project managers, IT architects, technical leads and other developers, along with internal and external customers, to understand requirements and develop needs according to business requirements.
  • Build, disseminate, and explain forecasts of vehicle arrivals and deliveries at the total North America and individual delivery center levels.
  • Create executive-level summaries and analysis that identify and make a compelling case for future opportunities.
What are the typical qualifications for Business Planner jobs?
  • Bachelor's or Graduate's Degree in business, business administration, computer science, engineering, statistics or information systems.
  • Is a critical thinker and problem solver.
  • Prior experience as a consultant.
  • A collaborator and decision maker.
  • Strong time management and critical thinking skills.
  • Experience with data manipulation and journey mapping.
  • Demonstrated negotiation and attention to detail.
  • Fluent in inventories and pipelines.
  • Experience with applicable programs, software, and systems.
  • Experience with business case development and onboarding.
  • Can conduct proposal reviews and prioritize tasks and needs.
  • Familiar with financial benchmarks, liabilities, depreciation, and amortization.
  • Comfortable running budget plans and collaborating with other teams to accomplish goals.
Education--
Work/Life Balance
3.7 ★
Total Pay--
Career Opportunity
3.6 ★
Avg. Experience2-4 years

How much does a Business Planner make?

Confident
$81,287 /yr
Total Pay
$71,087
 /yr

Base Pay

+
$10,200
 /yr

Additional Pay

$81,287

 / yr
$52K$127K
Most Likely Range
Possible Range
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Business Planner Career Path

Learn how to become a Business Planner, what skills and education you need to succeed, and what level of pay to expect at each step on your career path.

Business Planner

Years of Experience Distribution

0 - 1
2%
2 - 4
45%
5 - 7
30%
8+
23%
Not including years spent in education and/or training

Business Planner Insights

Read what Business Planner professionals have to say about their job experiences and view top companies for this career.
HP Inc.HP Inc.
Senior Business Planner
Sep 5, 2022

“HP career development is slow”

AT&TAT&T
Business Continuity Planner
Jun 14, 2021

“Great people to work with”

MicrosoftMicrosoft
Business Planner
Aug 1, 2022

“Good people to work with”

MicrosoftMicrosoft
Principal Senior Business Planner
Mar 8, 2021

“Work Life balance is really strong”

Nebraska Furniture MartNebraska Furniture Mart
Replenishment Planner
Jul 26, 2022

“Flexible Schedule to work from home.”

American Honda MotorAmerican Honda Motor
Senior Product Planner 1st Year
Mar 15, 2022

“Very little mentorship.”

Pioneer ElectronicsPioneer Electronics
Senior Product Planner
Oct 26, 2020

“Just only good benefit and remote work.”

Just Eat Takeaway.comJust Eat Takeaway.com
Business Planner
Sep 5, 2022

“No career development oportunities, lack of benefits, average wages”

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Business Planner Interviews

Frequently asked questions about the roles and responsibilities of a Business Planner

The most similar professions to Business Planner are:
  • Planner
  • Supply Chain Manager
  • Material Planner
  • Production Planner

Related Careers

Planner
$74,673
No skills overlap
Supply Chain Manager
$90,400
No skills overlap
Material Planner
$66,056
No skills overlap
Production Planner
$63,307
No skills overlap

Business Planner Jobs