Director of Planning, Private Label

Tuckernuck•Washington, DC

2d•$140,000 - $170,000

About The Position

The Director of Planning, Private Label will oversee the planning process and performance of the Private Label business to maximize sales by running and analyzing reports, developing financial and merchandise plans that fall in line and support overall company goals for sales, turn and margin. This person will have a strong merchandising and planning background and is passionate about the Tuckernuck brand. They are ultimately responsible for overseeing the overall Merchandise Planning and Inventory strategy for the Private Label verticals in conjunction with Merchandising Leadership to set and achieve sales and margin goals.

Requirements

12+ years of experience in a retail or wholesale environment, including time as a Planner/Buyer, Merchandiser or as Retail Business Analyst
Bachelor’s degree in Merchandising, Business or other related field
Management experience required

Nice To Haves

Experience in both excel based planning and systems planning is a plus

Responsibilities

Responsible for the financial success of all product categories by meeting or exceeding sales, gross margin, and inventory turn goals by category and by vendor for Private Label verticals.
Pre-Season: Build Private Label financial plans to achieve sales, margin and receipt targets by collaborating with Planners, Director of Planning for 3rd Party, VP of Planning & Strategic Growth, CFO, and Founders.
Develop short and long range product assortment strategies that align with the brand vision
Build detailed monthly product category, brand, and product type assortment plans by month for all private label verticals in collaboration with VP/ Founders to create clear targets for development
Build KPI’s by division in partnership with Marketing to ensure overall KPI’s make sense
Oversee Wholesale goals and execution for whole company
Collaborate with merchants to build seasonal strategies across all channels of business and ensure merchandise assortment needs are being built to achieve growth of these channels
Develop and build standardized reports and templates to perform in-season selling analysis and post season hind-sighting for continuous improvement
Track the development assortment ratio seasonally to drive efficiency based on Private Label verticals
Analyze the business on an ongoing/daily basis to understand core drivers; identify opportunities and risks and partner crossfunctionally to respond appropriately
In-Season: Build and maintain the Private Label Seasonal Open to Buy, updating it weekly to ensure financial targets are met (revenue, margins, returns, cancellations and aged inventory)
Identify inventory levels needed to support replenishments and the markdown strategy for merchandise based on sell-through percent and planned product life span
Analyze, report, and revise projections based on current trends, performance, and opportunities on a monthly, quarterly and annual basis to maximize sales, profitability and sell through
Partner with Product Developers, Merchants, and Factories to maximize the flow of receipts and inventory
Partner with merchants to develop markdown strategy based on sell-through percent and planned product life span
Become subject matter expert in all reporting and ERP systems to help support cross functional teams and partners
Work in synergy with all internal and external teams toward common goals for the merchandise area
Manage and mentor a team of planners to ensure all areas of the business are planned for and montiored