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Ralph Lauren is seeking a detail-oriented planning professional to collaborate with Merchandise Planning and Sales teams to develop balanced assortments that support the Lauren RTW business. The role emphasizes strategic financial goals, collaboration with buyers, and rigorous analysis of historical and in-season performance.
The candidate will build and validate assortments with sound financial metrics, deliver account-facing plans, and provide insights to optimize growth across product
Ralph Lauren Corporation (NYSE:RL) is a global leader in the design, marketing and distribution of premium lifestyle products in five categories: apparel, accessories, home, fragrances, and hospitality. For more than 50 years, Ralph Lauren's reputation and distinctive image have been consistently developed across an expanding number of products, brands and international markets. The Company's brand names, which include Ralph Lauren, Ralph Lauren Collection, Ralph Lauren Purple Label, Polo Ralph Lauren, Double RL, Lauren Ralph Lauren, Polo Ralph Lauren Children, Chaps, among others, constitute one of the world's most widely recognized families of consumer brands. At Ralph Lauren, we unite and inspire the communities within our company as well as those in which we serve by amplifying voices and perspectives to create a culture of belonging, ensuring inclusion, and fairness for all. We foster a culture of inclusion through: Talent, Education & Communication, Employee Groups and Celebration.
To work and partner with Merchandise Planning and Sales teams in the development, forecasting, and delivery of well-balanced, lifestyle appropriate assortments which provide both volume and margin growth for assigned retail partner(s) and reflect the seasonal RL merchandising vision for the growing Lauren RTW business.
Key focus to include: Work collaboratively (internally and externally) with Merchandise Planning and Sales teams to identify and define product strategies and opportunities to implement assortment plans for all product divisions and categories to support the brand financial strategy that will drive mutually beneficial and profitable results. Strong partnership with Account Executive(s) to ensure seasonal assortment plans meet the business objectives and needs for each account in collaboration with Buyer(s). Analyze historical and in-season selling to guide and action future seasons plans. Support Account Planning process to develop and deliver strategic detailed plans. Accountabilities/Action Steps: Strategic Financial & Assortment Planning Collaborate with Sales and the accounts to prepare the financial class plans, flow, and door targets. Validate all finalized class plans with Account Planning Lead prior to building assortments. Build out assortments and validate with sound financial metrics that product placements are meeting financial goals, provide extensive recaps of plans. Analysis and Forecasting Weekly account performance analysis (Fashion, Core Flow, and Core Replenishment Product) o Analyze best and worst performers o Provide key insight to Account Executive, Buying, and Merchandising teams o Highlight and action current and future opportunities in all product lines Report on key deliverables; sell-through, product margin, bookings, class penetrations in season, and pre and post market Partner with Account Executive weekly to review account sales performance. Various ad-hoc projects that will require a full understanding of product life cycle. Create and maintain various tools for market prep and sales meetings. Validate and monitor account size scale and make any necessary callouts to ensure assortment sizes are optimal to drive sales. Reporting & Operations Prepare account recaps and review with Account Planning Lead prior to management meetings that detail key insights and metrics that will assist with account communication to drive business. Reconciliation and sizing review as part of extensive post-market process Account Management and Communication Develop a strong working relationship with Account Executive(s) and their account(s) management team. Ensure high level of collaboration and proactive communication with all levels of account management structure to drive business towards meeting and/or beating plan achievement