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MBA Intern, Corporate Strategy
Cole Haan
New York, NY, United States
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Job Description
ABOUT US:
We are proponents of Elegant Innovation.
Founded by Trafton Cole and Eddie Haan in 1928, Cole Haan is built on American craftsmanship and ingenuity. We combine traditional methods, timeless style and modern innovations to create footwear and accessories for optimists of all ages. This company was started to make good things for people who make good things happen; it still does.
Cole Haan recently returned to its roots as an independently owned company and is growing rapidly in the US and abroad, as people rediscover the value of quality goods made without compromises.
We call New York City and Greenland, New Hampshire home, but you'll find us everywhere, including in more than 115 retail stores within the United States, within our wholesale exclusive partners, and in over 100 locations globally. We also invite you to visit us at any time at www.colehaan.com.
The Cole Haan brand is all about modernizing Trafton Cole and Eddie Haan's legacy. The Cole Haan company is about enlisting like-minded people who want to make good things happen.
MISSION/ROLE: The Vice President, North America Planning & Allocation will be responsible for developing financial plans to strategically manage a $500m+ business in order to maximize sales, profit, and optimize inventory for the North American marketplace across Direct to Consumer (e-commerce, inline stores, outlet stores) and Wholesale channels to drive sustainable profitable growth for Cole Haan.
LOCATION:New York City or Greenland, NH
CORE ACCOUNTABILITIES:
• Serve as a key leader of the North America Commerce team and Cole Haan leadership team to drive and deliver sustainable, profitable growth for the region
• Partner with Cole Haan leadership team to set the vision for the North America Planning & Allocation organization and structure and execute organizational restructuring and process change management. Lead team of approximately 20-25; develop and drive proper structure and processes to maximize team productivity and results
• Develop, execute, and communicate financial merchandise plans, demand plans, and strategies to support the merchandising, marketing and financial objectives across North American marketplace including Direct to Consumer (e-commerce, inline stores, outlet stores) and Wholesale channels.
• Drive financial results that maximize revenue, gross margin, fulfillment, inventory and inventory turn goals and minimize excess inventory.
• Implement process redesign, rigor and discipline around planning and inventory buying, as well as inventory management and tracking
• Responsible for pre-season forecast and in season management of planning forecasts, all on order, and receipt flow to ensure that available inventory meets open to buy strategy and maximizes cash flow and inventory utilization across all of North America
• Monitor, analyze, and guide all pre and in season buys. Manage, lead, optimize and enhance the Open-to-Buy process across channels to drive efficiency of inventory and overall business performance
• Capitalize on allocation, inventory, and margin opportunities across all North America channels: optimize product at the right time, the right place, and the highest margin
• Define, direct, and manage promotional calendar for Direct to Consumer
• Manage marketplace cohesion to maximize overall business performance and profitability across all channels in North America: manage product segmentation plans in coordination with Corporate Merchandising, Sales, and DTC Buying partners. Manage cross-channel mark-down cadence and lifecycle management. Manage and communicate promotional calendar
• Create and implement strategies to liquidate inventory liabilities. Collaborate with channel Partner with Finance to reconcile planning forecasts to financial forecast t by channel and develop strategies to amplify and/or address opportunities
• Collaborate extensively with channel and corporate partners to define and execute business strategies; define and drive business process changes and overall change management
• Collaborate with external wholesale partners to drive sound demand (sales) plans
• Lead systems roadmap & execution to support business vision and evolution in partnership with IT and business cross-functions
• Build, develop, and lead the entire North America Planning and Allocation organization. Maximize team design, ensure all team members have the right goals, and coach and develop the skills of all team members
Requirements
QUALIFICATIONS:
• Bachelor's degree
• 10-15 years prior experience in retail planning & allocation
• Vertical retail & e-commerce experience
• Wholesale planning experience a significant plus
• Strong leadership skills, executive presence and acumen
• Strong analytical skills paired with strategic business acumen and application
• Detail-oriented, results-driven, highly, motivated, and entrepreneurial. Ability to both lead and work in the details
• Ability to negotiate with and influence peers, members of a cross-functional team and senior management.
• Ability to formally present business strategies and action plans.