The Vice President – Planning role leads the team of product management and merchandise operations (purchasing). This position is a key product champion, responsible for ensuring that the right product is in place for each channel/brand in order to deliver the company’s financial objectives. This role develops and drives new capabilities in inventory optimization, management, and assortment to drive brand sales, margin, and overall inventory productivity.
Leads the development of annual strategic category plans in collaboration with product and finance to align with the brand vision.
Leading cross-functional teams in the execution of product strategy which includes optimal product mix, price position, margin achievement, and final product assortment matrix.
Owns development of annual and monthly brand (vendor) sales/inventory plans at store level to deliver strategic initiatives.
Develops strategies to maximize store in-stock inventory levels and receipt speed for special orders to maximize sales and customer’s needs.
Meeting set financial targets including sales and gross margin dollars.
Work with key stakeholders to build pricing Strategy that supports all aspects of the product life cycle and facilitates profitable sales growth
Working closely with the heads of product, in-store visual and ecommerce teams to plan presentation of product assortments for optimal brand presentation and to drive sales
Supporting store teams regarding merchandise stock levels and maintaining continuous communication and cooperation on product and store assortments
Support the buyers and product managers in negotiations with suppliers and create strong and mutually beneficial relationships with our vendors
Directs markdown strategy to drive margin and protect brand equity.
Partner with Product Development to build an assortment that addresses trend and consumer opportunities. Drive communication of costing needed to maintain/improve margin.
Evaluate and recommend system to improve the different parts of our purchasing and supply chain to fulfill customers’ orders (i.e., freight bidding, load management, etc.)
Bachelor’s degree in business, finance, or equivalent experience
10+ years of experience in merchandise planning or equivalent with 5+ years at a leadership level
Strong analytical skills with an understanding of cause & effect financials
Excellent strategic thinker
Strong people management and proven success leading teams, category / product planning, vendor relations and negotiation
Knowledgeable about buying/inventory-related technology, processes and reporting
Self-reliant and resourceful
Comfortable working with ambiguity
Effective relationship building and collaboration across groups, with a demonstrated ability to handle difficult conversations.
Confident presenting to Senior Leaders and influencing towards a common goal
Superb collaboration, joint problem solving and influencing skills
Strong track record of driving results and performance evolution
Highly organized and able to prioritize
Great attention to detail
Strong with data analysis
Serious applicants please apply with resume below.