This Role is Tailor-Made for You Because:
The Planner, Retail Planning at Tory Burch is responsible for analyzing and forecasting the business for our North America Retail channel through strategic merchandise planning, controlled inventory management, and actionable reporting and insights. This individual maintains the monthly divisional OTB for select categories and is able to speak to both pre-season and in-season plans. To excel, this person must have excellent retail math and analytical skills, established planning experience, creative problem solving skills, and enjoy working in a fast paced, collaborative environment.
A Day in the Life:
A Day in the Life:
Responsibilities:
- Merchandise Financial Planning and Inventory Management
- Assortment Planning
- Business Management / Reporting and Analysis
Merchandise Financial Planning and Inventory Management
- Maintain monthly and yearly OTB, including reforecasting sales, margin, receipts and inventory
- Review plans and forecasts, identify risks and opportunities, and drive action plans
- Communicate the state of the business in weekly meetings and monthly OTB meetings
- Recommend strategic actions to maximize sales & margin, optimize inventory, and mitigate risk
- Ensure that on-order and committed receipts are delivering on time to support forecasts
- Recommend “chasing” or “reflowing” receipts as appropriate
- "> ">undefinedAssortment PlanningPre-Season: Create annualized financial plans for select category/categories (including sales, gross margin, receipt and inventory targets) that ladders up to merchandise financial planManage Buy Tools and the completion of the buys in collaboration with buying teamEnsure Key Item plans are factored into the assortmentWork with the buying team to ensure final assortment supports sales based on hindsights and that the inventory buys are appropriate to deliver sales and sell thru targets, including during key ecommerce event periodsIn-Season:Review and Manage Key Item planners weekly. Communicate demand requirements to corporate merch planning and production based on buy calendarReport out on Key Item performance/trends in weekly business meetingsCollaborate with buying to understand stock needs in fashion best sellers and key marketing messages Business Management / Reporting and AnalysisPrepare for key promotional and seasonal periods by ensuring sufficient stock levels overall and in expected best sellers. Analyze event performance to Forecast/LY and communicate resultsReview pricing and MD analysis in conjunction with Buying. Support price change and decisions on promotional strategiesAnalyze sales and inventory reports and develop strategies to achieve PlanComplete specific analysis to support buy process i.e. - Size level analysis
Qualifications:
- Bachelor’s Degree
- Proficient in Microsoft Office, including excel and powerpoint
- 4+ years of experience working in a planning or finance related field
- Experience with planning and business reporting applications a plus
- Prior experience in ecommerce highly desired
- Excellent communication skills
- Strong analytical skills paired with strategic business acumen
- Detail-oriented, results-driven, highly motivated, and entrepreneurial
- Strong organizational skills and excellent communication skills
To Land This Role:
Why You'll Want to Join Our Team:
How We Work Together
- Adaptable – We change before we have to
- Entrepreneurial – We own it
- Collaborative – There’s no “I” in Tory
- Client & Brand Focused – We put ourselves in Tory’s shoes
- Live the Values – We show up for each other
- Functional Expertise – We’re constantly learning and growing
#TeamTory Values
We show up with honesty & kindness, act with integrity & compassion, work with passion & humility and lead with excellence & humor.
Compensation Range
The compensation range for this position is 105,000.00 USD - 135,000.00 USD. Our offer will be based on your relevant experience and work location.
Benefits Information
We offer a generous set of benefits to help you take care of your health, create financial security, and achieve wellness in all areas of your life. Here are highlights of key benefits available to all eligible Tory Burch team members.
