Tory Burch Planning Manager

BoF Careers; New York (NY); On-site; USD 105,000 - 135,000; Full time

Benefits offered by this job

Generous benefits

Employee discount

Executive coaching on-demand

Paid volunteer days

Job summary

Tory Burch LLC seeks an Ecommerce Planner, Digital Planning for North America to analyze and forecast select product categories through strategic merchandising, inventory management, and reporting. This role maintains monthly OTB and speaks to both pre-season and in-season plans, requiring strong retail math and analytical skills in a fast-paced team environment.

You will collaborate with cross-functional partners to optimize assortment, drive sales and margin, and ensure on-order receipts align

Qualifications

• Bachelor's Degree
• Proficient in Excel and PowerPoint
• 3-5 years of planning or finance experience
• Experience with planning and business reporting applications is a plus
• Prior experience in e-commerce
• Excellent communication skills
• Strong analytical skills paired with strategic business acumen

Responsibilities

• Merchandise Financial Planning and Inventory Management
• Assortment Planning
• Business Management / Reporting and Analysis
• Ownership of Small Leather Goods and other categories as well as functional support for the Handbags business
• 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

Skills

Analytical skills

Communication skills

Detail-oriented

Organizational skills

Entrepreneurial

Education

Bachelor's Degree

Tools

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 Ecommerce Planner, Digital Planning at Tory Burch is responsible for analyzing and forecasting select product categories within the business for the North America Ecommerce 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

A Day in the Life:

• Merchandise Financial Planning and Inventory Management


• Assortment Planning


• Business Management / Reporting and Analysis


• Ownership of Small Leather Goods and other categories as well as functional support for the Handbags business


• 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 align with the merchandise financial plan

Manage Buy Tools and the completion of the buys in collaboration with buying team

Assortment planning for key items and new collections

Work with the buying team to ensure the final assortment supports sales based on hindsight and that the inventory buys are appropriate to deliver sales and sell thru targets, including during key e-commerce event periods

In-Season

Review and Manage Key Item planners weekly. Communicate demand requirements to corporate merch planning and production based on buy calendar

Report out on style and family performance in comparison to original plans

Collaborate with cross-functional partners to understand stock needs in fashion best sellers and take actions to secure inventory to support sales

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 results

Review pricing and MD analysis in conjunction with Buying. Support price change and decisions on promotional strategies

Analyze sales and inventory reports and develop strategies to achieve Plan

Complete specific analysis to support buy process i.e. - Size level analysis

Own select weekly reporting documents

Qualifications

To Land This Role:

Bachelor's Degree

Proficient in Microsoft Office, including Excel and Powerpoint

3-5 years of experience working in planning or finance-related field

Experience with planning and business reporting applications is a plus

Prior experience in e-commerce is 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

How We Work Together

Why You'll Want to Join Our Team:

• 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.

EQUAL EMPLOYMENT OPPORTUNITY STATEMENT

Tory Burch LLC is an Equal Employment Opportunity employer and provides equal opportunities to all employees and applicants without regard to an individual's age, race, creed, color, religion, national origin, sex (including pregnancy) or sexual orientation, gender expression, military status, marital status, genetic predisposition or carrier status, disability or membership in any other protected class under applicable law. Likewise, we will consider qualified applicants with criminal histories for employment in a manner consistent with the requirements of the Los Angeles Fair Chance Initiative for Hiring, Ordinance No. 184652. Pursuant to the San Francisco Fair Chance Ordinance, we will consider qualified applicants with arrest and conviction records for employment.

Disability Accommodation

Tory Burch is committed to providing reasonable accommodations to applicants and employees with disabilities. Please tell us if you require a reasonable accommodation to apply for a job or to perform your job. Examples of reasonable accommodation include making a change to the application process or work procedures, providing documents in an alternate format, using a sign language interpreter, or using specialized equipment. If you require assistance or an accommodation with the hiring process, please contact [e-mail] .