Job description
*VMI experience & denim experience is a must!*RESPONSIBILITIES:
• Employ multiple channel strategies within our company to achieve varied turn and margin requirements.
• Develop plans and ensure execution at the buy level ensuring financial objectives align with product opportunities.
• Assess need for and institute structures and processes; ultimately building out the Buying/ Planning department and team underneath them.
• Roll-up responsibilities:
o Revenue/ sales and stock forecasting and planning
o Turn analysis, markdown suggestions, margin maintenance/ projections
o Buying / Open to buy.
o Inventory management
o Selling analytics & hind-sighting.
• Monitor product lifecycle to optimize sales and profitability - from buying and inception through exit strategy. Ensure replenishment, inventory transfers and production orders are crafted to maximize revenue and profitability.
• Assess selling performance, hind sighting with multiple perspectives, such as style, department, category, color/ print, thematic, and size analytics.
• Work together with other departments- Marketing, Merchandising, ECom, Finance, Wholesale. Share data, highlighting actionable recommendations. Gain insights which better inform forecasts. Lead discussions which provide relevant analysis and forecasts to enrich each of those team’s success.
• Assess existing processes as well as the technical infrastructure that supports this department to suggest improvements.
• Ensure reporting and data integrity. Work with data team to craft an infrastructure of sku-level attributes to optimize analytics.
• Collaborate with senior management to pinpoint opportunities, helping develop both long term and short term company goals.
• Key contributor to weekly KPI meeting- communicating state of business and future forward.
• Ensure high level of accuracy in department’s work product.
EXPERIENCE/ REQUIREMENTS:
• Experience with denim is a must
• Minimum 2+years in a manager role, with direct reports.
• Minimum 10+ years in similar roles: buying, retail planning, analytics.
• Understanding of discount, mid-tier, and big box retailers, specifically in denim.
• VMI experience & denim experience is a must!
• Must be practiced in managing apparel, accessories, or other high-sku, limited lifecycle products.
• Comfortable with working in and bringing digestible/actionable conclusions to large sets of data.
• Exhibits leadership qualities in a cross-functional environment; collaborative with strong communication skills.
• High proficiency and rate of accuracy in forecasting and analytics, retail math and open to buy plans, ladder and replenishment modeling, category and merchandise planning.
• Advanced Excel including pivot tables, v-lookup, index match. Ideal candidate can generate reports in Tableau.
• Enjoy helping others in a team atmosphere.
• Grasps new concepts quickly.
• Driven to learn and grow
• Can synthesize and be informed by historical data, but also comfortable with a high number of exceptions. Ready to question assumptions.
• Prioritizes effectively
• Related or advanced degree a plus
Expired job