The DTC Manager of Merchandise Planning will focus on building out a high performing merchandise planning function and lead the successful development, communication, and execution of sales and inventory strategies that support the financial plan. This individual is responsible for supporting the team with developing strategic merchandise plans and targets for key categories to maximize sales, optimize inventory, and increase margin through the analysis of historical sales trends, current in-sea... more details
Job Description
The DTC Manager of Merchandise Planning will focus on building out a high performing merchandise planning function and lead the successful development, communication, and execution of sales and inventory strategies that support the financial plan. This individual is responsible for supporting the team with developing strategic merchandise plans and targets for key categories to maximize sales, optimize inventory, and increase margin through the analysis of historical sales trends, current in-season patterns, and future forecasts.?
The ideal candidate will have experience with inventory planning processes (including open-to-buy, replenishment processes, category planning, and gross margin) for an apparel business or similar. Ability to be flexible, multi-task, comfortable with high sku counts, and able to prioritize under tight deadlines.
Responsibilities include but are not limited to:
Managing the open to buy and inventory for all divisions; ability to break down the business and find profit driving opportunities.
Supporting long range forecasting initiatives in partnership with Merchandising and Production.
Partner with Finance, Development and Merchandising on key margin initiatives.
Lead and manage the Merchandise Planning team and process including execution and management of line plans, building/revising/locking plans, revision of sales, inventory, markdown and promotional architecture.
Leverage excellent product acumen to drive product assortments and partner with divisional leaders to lead investment strategies that drive the business.
Present analysis in weekly and monthly key milestone meetings.
Summarize weekly, monthly, quarterly performance vs plan at class & attribute levels & propose action points.
Highlight the business opportunities and risks associated with the current financial position of the business.
Ensure that the financial strategy pursued is consistent with the budget and profit parameters.
Collaborate with other areas of the business including Production, Product Development, Allocation, Merchandising and Finance.
Qualifications
5+ years of analytical experience in merchandise planning or inventory management
Demonstrated success of taking initiative, particularly when working cross-departmentally with merchandising, production, finance, and marketing to support evolving business needs.
Have a broad skillset including excellent Planning and Allocation, Category management skills, Analytical horsepower, excellent business judgment, and deep curiosity about how things work.?
Working knowledge of Retail Metrics (Sales, Inventory, Sell Through, Weeks of Supply, Trend based forecasting, revenue and margin), and the ability to develop scenario plans to drive enterprise decisions.
A deep understanding of how to use data to drive decisions making.
Comfort with ambiguity and passion/excitement for building new tools and proven examples of “thinking outside the box” to improve processes.
Additional Information
Pay Range: $125,000-$140,000/yr
Benefits:
Health Insurance
Paid Time Off
Employee Discount
401(k)
All your information will be kept confidential according to EEO guidelines.
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