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VP, Planning
Chico's FAS, Inc.
Fort Myers, FL, United States
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POSITION OBJECTIVE:
The Vice President, Planning is responsible for developing and leading a team responsible for the implementation and execution of merchandise planning plans and processes which are responsible for achieving brand sales, margin, inventory management, and profit objectives.
FUNCTIONAL RESPONSIBILITIES:
• Develops, executes and communicates strategic merchandise plans and strategies that support the merchandising, marketing and financial objectives of the White House l Black Market brand
• Oversees the production of reports and analytics to support the business, identifying risks and recommending strategies to achieve financial goals.
• Drives financial results that maximize sales, inventory and bottom line profitability
• Oversees the development of pre-season sales, gross margin and inventory plans that support product strategies.
• Oversee preparation and participates in Merchandise Review meetings (MBR, Seasonal Hindsight).
• Oversee the management of the financial success of the brand by meeting sales, comp, gross margin, maintained margin and inventory turn goals; Manages fiscal lifecycle for all products.
• Review recommendations for seasonal merchandise flow strategies that maximize sales, profitability and customer expectations.
• Oversees analysis of historical data and current trends to identify risks and opportunities to business and recommends strategies to achieve financial goals; conduct hindsight analysis to incorporate learnings into current plans.
• Directs the partnership between planning and merchandising to develop and approve category assortment plans for season and analyze product history and current trends.
• Reviews recaps and analysis of actual sales results to plan and forecast in-season sales and inventories on a weekly, monthly, quarterly and ad hoc basis; analyzes financial performance to pre-season strategies and recommend strategic shifts as required.
• Provides support to Merchandising to actively manage product assortment throughout season (inventory, MDs, etc.).
• Oversees the development, analysis, and revision of category assortment plans for sales, margin realization, inventory and profit (tops down and bottoms up).
• Oversees the development of assortment sheets.
• Manages, develops and educates direct reports. Provides guidance, mentoring/coaching and feedback on direct reports performance.
QUALIFICATIONS:
• BA/BS degree in Finance or Business or a related field from an accredited institution
• 10--15+ years of planning or financial analysis experience in specialty retail -- women's apparel strongly preferred
• 8-10 years of merchandise planning, allocation or financial management experience in a SKU-intensive product category
• 8-10 years of experience with a replenishable business
• Demonstration of leadership and talent development skills
• Proven ability to build and maintain productive cross-functional relationships to drive business and create/lead teams
• Ability to communicate effectively and clearly, reflecting an appropriate sense of urgency to all levels of management and with a collaborate management style
• Ability to negotiate and influence effectively
• Proven track record in managing a business to achieve financial targets
• Proficient in Microsoft Word, Excel and Access and dynamic modeling replenishment systems; SAP experience a strong plus