Manage and maintain channel OTB across to ensure optimal performance is achieved by month, quarter, and year, while managing to plan goals and inventory investment. Determine ship from store inventory levels needed to support ecommerce sales while protecting retail store in stocks. Review monthly forecasts and reconcile against plans. Make recommendations needed to achieve plans. Manage in-season profitability to achieve or exceed seasonal performance. Collaboration with Retail Merchants to deve... more details
The DTC Planner is responsible for developing and implementing effective strategies to optimize inventory, drive sales, and enhance the overall customer experience through our direct-to-consumer channels. Become an expert in the defined categories.
The planner will work with buying and allocation to ensure end-to-end strategy execution and merchandise line productivity.
Serving as the bridge between Merchandising and Supply Chain, they will create a financial link between these two essential groups and have a heavy influence in important decisions from a financial strategy standpoint.
Responsibilities:
- Manage and maintain channel OTB across to ensure optimal performance is achieved by month, quarter, and year, while managing to plan goals and inventory investment.
- Determine ship from store inventory levels needed to support ecommerce sales while protecting retail store in stocks.
- Review monthly forecasts and reconcile against plans. Make recommendations needed to achieve plans.
- Manage in-season profitability to achieve or exceed seasonal performance.
- Collaboration with Retail Merchants to develop customer segment productivity targets, establish store ranks, volume bands and new store inventory targets.
- Collaborate with Retail Merchants to manage product lifecycle/exit strategies, recommending items for clearance and controlling aged inventory.
- Work with merchants with assortment planning and lookback analysis to build a strategy to support next season’s revenue, margin, and inventory plans.
- Recap and analyze actual sales/inventory results – quantify in-season risks and opportunities and make recommendations to merchant teams and management.
- Develop and maintain reporting tools including, Out of Stock, Never Out of Stock, Sell Thru, Top 50 and Ladder Plans. Utilize reports weekly to identify opportunities to improve metrics to drive results.
- Assist merchants with assortment planning by providing lookback analysis and recommendations on seasonal product launches.
- Coordinate cross-functional research activities to reconcile significant variances and refine the forecast model to reflect updated sales and marketing assumptions.
- Job duties may change at any time due to business needs.
Qualifications:
- Bachelors' degree in retail, marketing or finance preferred.
- 3-5 years work experience in retail planning, buying or merchandising required
- Strong problem solving and analytical skills
- Advanced business knowledge of retail and merchandising concepts
- Comfortable with trend analysis and problem-solving skills
- Strong analytical and quantitative skills; proficient with MS Excel.
- Strong communication skills including the ability to work in a team environment
OUR VALUES:
At 5.11 we embrace a high energy culture built upon our values of Service, Unity, Impact and Tenacity.
Service – At 5.11, we wear our passion for service on our sleeves: it is an honor to serve those who serve and people of all walks of life. With humility and great respect for our consumers and our roots, we take pride in our brand and engage with our communities. By championing the needs of our consumer we fulfill the mission of a lifetime.
Unity – We build together—as one, global 5.11 family. Our individual abilities and diverse perspectives strengthen outcomes. We collaborate, taking a holistic view and listening actively. By communicating with intention, care and clarity, we empower each other to reach new heights.
Impact – We have big ambitions and they start and end with our consumer. With them in mind, we innovate for impact—we think big, think creatively and challenge norms. We foster curiosity and iterate, relentlessly pursuing solutions. For ultimate impact, we drive to disrupt for good.
Tenacity – We are tenacious in our pursuits and accountable to each other. This builds trust and the confidence to rise to any challenge. We have the courage to take risks and, no matter the outcome, we flex and adapt, always having each other’s backs. We persist—determined to Always Be Ready.
Pay Range: $80,000 - $90,000 plus bonus based on experience
5.11 Tactical offers a best-in-class benefits program including: medical, dental and vision insurance; a 401(k) program with employer match; employer-paid basic life and AD&D insurance. Additionally, employees can choose from several voluntary benefits including: Hospital Indemnity/Accident insurance; Flexible Spending Account/Health Saving Account; Employee Assistance Program; Paid Time Off/Paid Holidays/Sick Time; Casual Dress Code; and Employee Discounts.
*If you are a regular full-time employee working at least 30 hours per week, you and your eligible dependents may participate in 5.11’s benefits program.*
California Privacy Note: As of January 1, 2023, California residents have the right to know what personal information that 5.11 has collected about them, right to correct inaccurate information, or request that their personal information be deleted, subject to certain limitations. If you’re a California resident you may view the policy HERE (https://bit.ly/3W62pNg) and if you would like to make a request regarding your personal data, please CLICK HERE (https://bit.ly/4b31XDX).
