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Director - Planning and Allocation
Lucky Brand
Los Angeles, CA, United States
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ROLE
The Director of Planning will play a key role within the Planning and Allocation team. This individual will develop and deliver Corporate Financial Plans by strategically driving metrics including sales, margin, turn and GMROI for a Division and/or Business Channel for current and future seasons. This role will construct and collaborate with the Sr. Director of Planning and Director of Merchandising development of the strategic promotional calendar.
RESPONSIBILITIES
Develop Merchandise Plans
• At a the channel/division level: develop fiscal sales, margin, and receipt plans in both dollars and units
• Build and maintain a strategic promotional calendar through a collaborative effort with Merchandising and Marketing that consistently maximize opportunities and minimize risks to plan
• Conduct a quarterly hindsight and detailed review of historical performance, providing recommendations and guidance for future plans
Weekly Business Management
• Identify risks and opportunities based on analytical observations and provide recommendations to deliver overall company financial objectives
• Reforecast the business and provide inventory management recommendations for Channel
• Develop merchandising and financial strategies and present to cross-functional team and senior management
Inventory Management
• Provide Inventory Management recommendations through forecast and reforecast of the business channels
• Guide the team in strategically driving the business to maximize sales and margin, and optimize inventory
• Partner with Planning & Allocation counterparts for accurately maximize inventory across the brand channels.
Owner of the Strategic Forecast Review (SFR)
• Lead and direct the strategic forecast review meeting
• Gather and analyze data
• Present current and future business on a rolling calendar approach
• Highlight risks and opportunities with recommendations to deliver overall company financial objectives
• Make recommendations based on projections (120 days out) in partnership with Planning Team, Merchant and Manager of Allocation
• Lead the reconciliation process between tops down and bottoms up by both category and channel
Assortment Planning & Assortment Planning Prep
• Validate receipt plan
• Partner with merchant to develop the assortment and to reconcile
• Lead and facilitate buy finalization meeting with merchant
• Review and reconcile buy with Manager of Allocation to ensure flawless execution
Managing and developing talent
• Partner effectively with merchants and cross-functional teams
• Train, develop and retain direct reports
• Provide role clarity to direct reports
• Partner with Leadership to develop individual goals for direct reports
• Assess and develop talent to ensure succession planning for team
Lead and develop a team of 3-4 direct reports
Qualifications
Minimum educational level:
• Bachelors Degree required
Minimum experience:
• Minimum 6 years of inventory, planning and allocation experience; 8 or more years of total work experience