Senior Beauty Merchandise Planner — Global Inventory

Victoria's Secret & Co.; Reynoldsburg (OH); Hybrid; USD 90,000 - 130,000; Full time

Job summary

Victoria's Secret is seeking a Senior Merchandise Planner to develop SKU-level sales and inventory plans for Victoria’s Secret Global. You will collaborate with the Manager and International team to maximize sales and profitability for global and franchise channels.

The role involves managing buys, open-to-buy, and inventory levels, forecasting, and leading in-season planning processes. You will partner with Merchandising, Allocation, Commercial Managers, and Operations to drive growth and

Responsibilities

• Manage sales plans, open to buy, and inventory levels for respective book of business, including separate operating models and store/ecommerce formats
• Create SKU level sales and inventory forecasts to achieve topline financial targets
• Execute key planning processes related to buys and in season management (PO's, partner allocations, etc.)
• Partner with cross functional teams (Merchandising, Allocation, Commercial Managers, Operations, etc.) to achieve financial and merchandising objectives
• Identify product opportunities and recommend adjustments of shipment receipts and flow based on sales performance
• Prepare key sales and inventory reports to support Merchandise Planning Committee meeting (MPC) and other recurring sales meetings
• Conduct business analysis in-season (standard reporting, test reads, ad hoc) to maximize sales and profit
• Partner with merchants and cross-functional teams to recommend assortment adjustments
• Develop and evolve merchandise planning processes to accommodate rapid expansion into new international markets
• Drive creative thinking that focuses the team on top volume driving ideas and key initiatives
• Develop rapport with partners and build credibility through effective communication
• Respond to ad hoc requests from cross-functional teams
• Manage merchandise inventory levels by market through collaboration with cross functional teams
• Align partner inventory expectations with the brand deployment strategy through continuous education of Victoria’s Secret inventory management process

Job description

Description

Your Role:

The Senior Merchandise Planner will be responsible for creating SKU level sales and inventory plans for Victoria’s Secret Global (VSG). They will work with the Manager to provide crucial in-depth sales & inventory analysis, as well as lead recommendations to the International team to maximize sales and profitability for Victoria’s Secret Global and its Franchise Partners.

Your Impact:

• Manage sales plans, open to buy, and inventory levels for respective book of business, including separate operating models and store/ecommerce formats

• Create SKU level sales and inventory forecasts to achieve topline financial targets.

• Execute key planning processes related to buys and in season management (PO's, partner allocations, etc.)

• Partner with cross functional teams (Merchandising, Allocation, Commercial Managers, Operations, etc.) to achieve both financial and merchandising objectives.

• Identify product opportunities and recommend adjustments of shipment receipts and flow based on sales performance.

• Prepare key sales and inventory reports to support Merchandise Planning Committee meeting (MPC) and other reoccurring sales meetings.

• Conduct business analysis in-season (standard reporting, test reads, ad hoc) to maximize sales and profit.

• Partner with merchants and cross-functional teams to recommend assortment adjustments.

• Develop and evolve merchandise planning processes to accommodate rapid expansion into new international markets.

• Drive creative thinking that focuses the team on top volume driving ideas and key initiatives.

• Develop rapport with partners and build credibility through effective communication.

• Respond to ad hoc requests from cross-functional teams.

• Manage merchandise inventory levels by market through collaboration with cross functional teams.

• Align partner inventory expectations with the brand deployment strategy through continuous education of Victoria’s Secret inventory management process.

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