Associate Planning Mgr

Starboard Cruise Services•Doral, FL

About The Position

Responsible for the financial forecasting, purchasing, and overall inventory management across a global supply chain for a subcategory or group of programs pertinent to the Planning Manager’s scope of business. Develops annual location sales and stock plans to then determine an annual receipt plan by program/brand which is re-forecasted throughout the year during the monthly Open-to-Buy process. The Associate Planning Manager leads a team of 1-4 Distributors in the effective management of the supply chain through forecasting sales demand, maintaining optimal DC and ship inventory levels, managing purchases, and allocating products to the ships. Works in collaboration with Merchant partner on delivering category sales, gross margin, inventory turnover/weeks of supply, and profitability targets through alignment on the overall strategic vision, validation of assortment plan productivity and coordination on team projects/priorities. What you’ll be doing: ESSENTIAL DUTIES & RESPONSIBILITIES: Strategic Priorities: Develop annual sales, stock and profit plans in collaboration with Merchandising, Cruise Line Retail and Finance Create monthly purchasing budget, in line with cash objectives, by program/brand for the year Measure/course correct for progress & performance Collaborate with Merchant on developing profitable assortment strategies: Focus on the most productive programs for the specific cruise line/itinerary market and planning the appropriate mix of fashion vs core/replenish-able product based on product/vendor, expected volume, cadence of product cycle, inventory/WOS targets, gross margin objectives Ensure strategies minimize markdown exposure/protects profit in fashion, itinerary-specific product and/or new initiatives/tests Identify strategic opportunities to drive top-line growth and/or to optimize profit Financial Management: Monitor, maintain and forecast sales, receipts, margin during the monthly Open to Buy process Present business results and forecast during formal review with management Enlist support and alignment from Cruise Line Retail team on in-season sales forecasts & stock plan targets to capitalize on opportunities and minimize risk Partner with Merchant in assortment development by providing guidance on breadth of assortment by cluster, timing and cadence of deliveries, pricing and markup, and mix of core vs fashion Collaborate with Merchant on currency of inventory analysis, markdowns/clearance of aged stocks and financial validation and execution of merchandising initiatives Identify opportunities and make recommendations to further expand/fund programs or initiatives performing well and propose solutions for those that are under-performing Global Supply Chain Management: Review with Distribution team: operational sales and inventory targets, which drive replenishment and ordering, to ensure alignment with the top-line ship, itinerary, and program/brand targets analysis of sales trends to optimize inventory investments and drive sales transition plans into a new assortment and/or new itinerary exception-based reporting to identify projected low on-board stock levels, potential lost sales, low DC stock levels, overstocks, variance to fixture-fill, etc Manage purchasing budget days to appropriately fund the most profitable items and issue purchases with lead-times varying from 1 week to 6-months Ensure that top items are in-stock across all locations, including the DC; communicate anticipated stock challenges to Merchandising and Cruise Line Retail Support new ships and new initiatives with proper stock investment and communicate status/timing to appropriate stakeholders Identify opportunities for process improvement and/or efficiencies: Work with vendor partners to improve/maximize fill-rates, timely shipping, and vendor compliance Collaborate with Logistics on inbound and outbound product flow for enhanced speed-to-market initiatives Identify and leverage cost efficiencies and support the company’s profit-driving supply chain initiatives Talent Management: Hire, train, develop, motivate and retain a highly talented team Lead and manage a team of Distributors Complete annual performance evaluations, provide feedback to grow and develop teams Provide regular performance feedback to MP&D leadership team Interpersonal/People Management: Develop strong relationship with Merchant partner through teamwork and communication Consistently act as a positive contributing force within Starboard in all interrelations and communication Develop regular and actionable communication with Cruise Line Retail leadership, Directors, District Manager, Ship Managers, Logistics and all sales support functions

Requirements

4 -6 Years of Experience
Bachelor's Degree Required
Software Skills: Proficiency in Microsoft applications such as Outlook, Excel, Word, Power Point; strong Excel skills required as the position involves creating/maintaining many complex spreadsheets. Experience with Pivot Tables, Access preferredAbility to partner, build relationships, and gain consensus across the organization in order to drive improved fgorecastin
Financial acumen including experience with cost inventory methods of accounting
Ability to influence peers and business partners without authority and to execute under ambiguous circumstances
Project management skills and an ability to effectively handle multiple priorities with simultaneous deadlines
Strong organizational, analytical and communication skills.
Staff development, mentoring and coaching. Ability to manage multiple direct reports.

Responsibilities

Develop annual sales, stock and profit plans in collaboration with Merchandising, Cruise Line Retail and Finance
Create monthly purchasing budget, in line with cash objectives, by program/brand for the year
Measure/course correct for progress & performance
Collaborate with Merchant on developing profitable assortment strategies
Ensure strategies minimize markdown exposure/protects profit in fashion, itinerary-specific product and/or new initiatives/tests
Identify strategic opportunities to drive top-line growth and/or to optimize profit
Monitor, maintain and forecast sales, receipts, margin during the monthly Open to Buy process
Present business results and forecast during formal review with management
Enlist support and alignment from Cruise Line Retail team on in-season sales forecasts & stock plan targets to capitalize on opportunities and minimize risk
Partner with Merchant in assortment development by providing guidance on breadth of assortment by cluster, timing and cadence of deliveries, pricing and markup, and mix of core vs fashion
Collaborate with Merchant on currency of inventory analysis, markdowns/clearance of aged stocks and financial validation and execution of merchandising initiatives
Identify opportunities and make recommendations to further expand/fund programs or initiatives performing well and propose solutions for those that are under-performing
Review with Distribution team operational sales and inventory targets, which drive replenishment and ordering, to ensure alignment with the top-line ship, itinerary, and program/brand targets
Review with Distribution team analysis of sales trends to optimize inventory investments and drive sales
Review with Distribution team transition plans into a new assortment and/or new itinerary
Review with Distribution team exception-based reporting to identify projected low on-board stock levels, potential lost sales, low DC stock levels, overstocks, variance to fixture-fill, etc
Manage purchasing budget days to appropriately fund the most profitable items and issue purchases with lead-times varying from 1 week to 6-months
Ensure that top items are in-stock across all locations, including the DC; communicate anticipated stock challenges to Merchandising and Cruise Line Retail
Support new ships and new initiatives with proper stock investment and communicate status/timing to appropriate stakeholders
Work with vendor partners to improve/maximize fill-rates, timely shipping, and vendor compliance
Collaborate with Logistics on inbound and outbound product flow for enhanced speed-to-market initiatives
Identify and leverage cost efficiencies and support the company’s profit-driving supply chain initiatives
Hire, train, develop, motivate and retain a highly talented team
Lead and manage a team of Distributors
Complete annual performance evaluations, provide feedback to grow and develop teams
Provide regular performance feedback to MP&D leadership team
Develop strong relationship with Merchant partner through teamwork and communication
Consistently act as a positive contributing force within Starboard in all interrelations and communication
Develop regular and actionable communication with Cruise Line Retail leadership, Directors, District Manager, Ship Managers, Logistics and all sales support functions