100% fashion Staff with care

VP of Planning and Allocation

Los Angeles, CA 90210

Posted: 11/01/2019 Job Category: Allocation, Planning Job Number: 118704

Job Description

Title: VP of Planning and Allocation

Location: LA Area OPEN TO RELOCATION

Company Description: Iconic Global Fashion Brand

Responsibilities:

  • Providing functional expertise as a partner to Merchants, Operations, Finance, Company Planning, Store Operations, eCommerce and Marketing to achieve agreed upon financial targets
  • Developing and implementing strategies that maximize inventory performance.
  • Developing and managing seasonal and annual merchandise plans for sales, gross margins, and inventory; proactively identifying and implementing ways to improve performance diagnostics and providing early warning risks and opportunities.
  • Develop multi-year Planning strategy that supports brand initiatives
  • Activate and operationalize strategies that produce clear ROI to five year LRP
  • Developing in-season sales trending, inventory forecasts and margin projections; managing weekly, monthly and quarterly Open-to-buy, Inventory and Receipt plans; proactively interfacing with department leadership as necessary to ensure creation of accurate, timely and insightful analysis.
  • Ensuring integrity of sales, inventory, markdown and promotional planning and forecasting.
  • Optimizing inventory flow to stores to maximize sales and gross margin in the stores and partnering closely with management to manage on-going inventory levels.
  • Assess existing and implement new systems
  • Analyzing current sales, inventory and margin trends, market data, benchmarking, as well as historical data to course correct in-season inventory to maximize margins; focusing team on action-based results versus simply reporting.
  • Assessing impact of price change and special events; assessing price position relative to top-line and margin realization in keeping with category positioning

Qualifications:

  • 15+ years of progressively responsible experience in inventory management, with the majority of that experience in a merchandise planning and allocation roles for companies with revenues >$500M.
  • Multi-unit retail experience required.
  • 4 Year degree in Business or related field, MBA preferred
  • Proven ability to build strong business relationships at all levels throughout an organization.
  • Experience as a strategic thinker and the ability to effectively translate strategies into financial plans.
  • Demonstrated success at driving real sales growth versus simply maximizing risks; a track record of risk-taking and positively impacting sales and margin dollars.
  • Ability to train and educate the organization on process and system best practices to maximize sales/margins with appropriate inventory levels

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