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Manager, Planning, E-commerce
Tory Burch
New York, NY, United States
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About Us:
Tory Burch is an American lifestyle brand that embodies the personal style and sensibility of its Chairman, CEO and Designer, Tory Burch. The collection, known for color, print and eclectic details, includes ready-to-wear, shoes, handbags, accessories, home and beauty. Art, music, travel, interiors and the designer’s own stylish parents are inspirations for the collection.
Our company launched in February 2004 with a single boutique on what was then a remote street in downtown Manhattan. Today, we are a global brand with a presence in more than 50 countries, but in many ways we are only just beginning. There is so much we want to do!
Brand integrity, global inspiration and beautiful products are integral to who we are as a company and what we have accomplished to date. Our incredible team is an equally important part of the equation. We believe that each of our employees play a vital role in our continuing efforts to grow and evolve.
The Manager, Planning is responsible for analyzing and forecasting the our Ecommerce business to support our seasonal merchandising strategies and financial plans. This individual maintains the monthly divisional Open-to-Buy (OTB) and is able to speak in-depth about the pre-season and in-season plans. To excel in the position, this person must have excellent retail math and analytical skills, established planning experience, have creative problem solving skills, and enjoy working in a fast paced highly collaborative environment.
Responsibilities:
• Provide critical analytical support to the eCommerce organization, including sales and gross margin analyses.
• Create financial demand, sales and OTB plans, as well as in-season re-forecasting for key metrics at both seasonal and daily levels.
• Responsible for open to buy recommendations and inventory management including: Review weekly selling and sell-thru to identify and suggest additional reorder opportunities and out of stock risks.
• Partner with Buying/Merchandising leads to link tops down financial results to daily and weekly divisional performance, while outlining action to drive future results through productive promotions and markdown management.
• Collaborate with Finance, Marketing, and Buying/Merchandising leads to develop a pre-season and in-season promotion plan calendar to deliver top-line financials, as well as support the division-level needs
• Review receipt flows and aged inventory to ensure Ecommerce has the right inventory to maximize sales
• Work with Buying/Merchandising in ensuring overall product strategies align with the overall eCommerce business plan
• Identify additional reporting needs and process improvements for Ecommerce. Collaborate with IT to develop and enhance reporting.
Qualifications:
• BA degree
• Minimum 5-7 years’ experience as a Planner or similar analytical role. Proven experience with Inventory Control, Allocation, Merchandising, Demand Forecasting, Financial Planning or Analysis
• Advanced Excel skills
• Knowledge of Retail Math, including Gross Margin proficiency
• Experience with eCommerce retail
• Self-starter: willingness to work independently to dig into business and present call-outs
• Strong interpersonal, verbal and written communication skills
• Strong planning and organizational skills with a sense of priority for deadlines and attention to detail
• Ability to recognize and react to changing work demands