Planner, RFNA

toryburch; New York (NY); On-site; USD 90,000 - 120,000; Full time

Job summary

Tory Burch is seeking a Planner, Retail Planning to analyze and forecast the North America Retail business through strategic merchandise planning, controlled inventory management, and clear reporting. Maintain monthly and yearly OTB, review plans, identify risks and opportunities, and drive action plans.

Collaborate with the buying team to ensure the assortment supports sales targets. The role requires 4+ years in planning or finance, strong retail math and analytical skills, excellent

Qualifications

• Bachelor's degree in a relevant field.
• Strong proficiency in Microsoft Office (Excel and PowerPoint).
• 4+ years of experience in planning or finance.
• Excellent communication skills.
• Experience with planning and business reporting applications a plus.

Responsibilities

• 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.
• Pre-Season: Create annualized financial plans for select category/categories that ladders up to merch plan.
• In-Season: Review and manage Key Item planners weekly; report on performance.

Skills

Communication skills

Analytical skills

Education

Bachelor's Degree

Tools

Microsoft Office

Excel

PowerPoint

Job description

We are an American luxury lifestyle brand, founded in 2004. Anchored in the casual elegance of American sportswear, Tory's design philosophy is defined by effortless silhouettes, innovative materials, eclectic juxtapositions of color, and the tension of past and present. The collections include ready-to-wear, handbags, footwear, accessories, jewelry, home and beauty.

Empowering women is the company's guiding principle, expressed through Tory's collections and reflected in the company culture as well as the work of the Tory Burch Foundation. Established in 2009, the Foundation provides women entrepreneurs in the United States with access to capital, education and community.

You are seeking a work environment where people are encouraged to dream, explore, discover and, as important, laugh together. If you're prepared to work hard, create impact, and have fun while doing it, we would love to have you join #TeamTory.

Life @ToryBurch is Special Because:

• When you join us, you're joining a global, purpose-led company on an exciting growth journey with an amazing culture and great benefits.
• Our culture is welcoming and inclusive -- everyone is empowered to make a difference.
• We have the best team in the world and believe in paying competitively and rewarding for high performance.
• Your overall well-being is important to us; we offer generous benefits to help you take care of your mental and physical health, create financial security, and achieve wellness in all areas of your life.
• We love seeing our employees wear our beautiful collections. You'll receive a generous employee discount and access to exclusive sample sales.
• We are invested in your professional growth - you'll have access to free executive coaching on-demand.
• We believe in the importance of giving back and you'll have many opportunities to do just that through the Tory Burch Foundation and paid volunteer days.

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.

Responsibilities:

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

Assortment Planning

Pre-Season: Create annualized financial plans for select category/categories (including sales, gross margin, receipt and inventory targets) that ladders up to merchandise financial plan
Manage 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 periods
In-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 Analysis

Prepare 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 desiredn
• Excellent communication skills
• Strong an