Director, Merchandise Planning

Director, Merchandise Planning at Adore Me Director, Merchandise Planning at Adore Me in Hoboken, New Jersey Posted in 2 days ago.

Type:

full-time

Job Description:

Adore Me, a subsidiary of Victoria's Secret & Co. (

NYSE:

VSCO) since being acquired in December 2022, is seeking a Director of Planning who will be responsible for merchandise planning for Adore Me across all selling channels. The Director partners with Merchants to interpret the brand growth plan and build assortment architecture to execute plans in alignment with the business strategy. Serving as the liaison between Marketing, Finance, Merchants, Store Operations, and Sourcing / Production, the Director leads the development of plans (sales, margin and inventory) to achieve financial targets. The Director analyzes current business trend, market data and feedback, historical data and recommends improvements based on these assessments. In addition, the Director oversees the planning team and plays a pivotal role in coaching, developing, and growing talent. Responsibilities Merchandise Planning Partner with Merchants to develop business plans that meet category targets and the financial strategy pursued is consistent with the brand growth plan Develop theme plans, assortment architecture and an execution strategy that is aligned with brand growth plan; provide direction to team and guiding tasks to support the theme Review opportunities and risks associated with the business' current financial position and actual performance; make recommendations to alter Build consensus on demand plans for the respective category of businesses (revenue, margin realization, receipts, and inventory) Manage and maintain calendar of events/promotions Present analysis and recommendations in key cross-functional meetings, including the review and approval of recommendations to be presented at the S&OP forum Recommend action and communicate issues that relate to Merchandising and may hinder the ability to achieve financial objectives Work cross-functionally, to ensure proper support, coordination and problem resolution of Merchandise issues with Marketing, Finance, Merchants, Store Operations and Sourcing/Production Act as conduit for best practices, encourage new ideas and methodologies

Innovation:

Evaluate current processes and systems to identify opportunities for improvement Create an environment which supports the open exchange of ideas Value smart risk taking, encourage fresh thinking and challenge conventional wisdom. Ensure teams proactively exchange ideas and share information to improve results

Talent:

Recruit and hire the right people; proactively build an external talent pipeline; prioritize time for interviews and give timely, relevant feedback; provide consistent and comprehensive job preview to candidates Build a strong team with complementary strengths; ensure key talent has robust development plans with targeted assignments for skill development Coach and develop a quality, productive team committed to organizational goals and financial growth of the business, including succession planning, regular performance feedback, and formal and informal training Establish and measure against performance metrics Manage performance through goal alignment, coaching and consistent application of performance standards Build support and enthusiasm for the accomplishment of key business objectives; recognize progress and celebrate results Qualifications for the Position Bachelor's degree in business, finance, statistics, operations or supply chain 10+ years of experience in inventory management, demand forecasting, planning Strong leadership and team building skills; supervisory/management experience Retail supply chain knowledge Experience with forecasting methodologies and statistical modeling Strong communication and negotiation skills Optimization mindset - designs and develops plans to optimize decisions Strong problem solving skills - makes decisions with limited information Excellent analytical and strategic-thinking skills Communicates/builds partnerships cross functionally Excellent organizational and time management skills Excellent leadership and presentation skills Strong sense of initiative, urgency, and accuracy Ability to build relationships and partner successfully with colleagues across functions and brands Strong computer skills; experience in variety of decision support and statistical software tools Ability and willingness to work on-site at our office in Tribeca on Mondays, Tuesdays, and Thursdays