Director, Planning - Calvin Klein

PVH • New York, NY

2d • Hybrid

About The Position

The Director of Planning develops, executes and communicates strategic merchandise financial plans that support the company’s financial, product, and marketing objectives; responsible for driving top line financial plans from a divisional level to a department/category level, strategically managing the business in order to maximize sales and margin, and optimizing inventory;develops and contributes to the development of Brand initiatives, and ensures that all planning activities support annual goals.

Requirements

• Bachelor's degree
• Minimum 5-7 years merchandise planning experience
• 7 - 10 years of total work experience
• Analytical/Math Skills
• Project Management
• Strategic Forecasting & Financial Planning
• Demonstrated experience Presenting and recommending strategies and building a business case
• Driving business to exceed company plans
• Leading and developing a team of at least 3 direct reports
• Strategic forecasting for a multidimensional business
• Assuming additional areas of accountability successfully
• Influencing and negotiating at a variety of levels
• Well-developed written and verbal communication skills including presenting complex material in an organized and compelling manner
• Well-versed in planning and allocation systems, as well as advanced Microsoft windows applications
• Flexibility required to respond to changing needs of the business with adherence to deadlines
• Need to be very resourceful and creative to develop new systems and procedures to address constant evolving business needs.
• Must be able to handle multiple tasks efficiently in order to meet deadlines.
• Must be able to think out of the box to find solutions to demanding business requirements

Responsibilities

• Create strategic financial plans that support the company’s objectives and brand goals from a top down and bottom up perspective: At a division/department/class level, develop sales, gross margin, and inventory plans that support the company’s profit objectives.
• Collaborate with direct reports in planning and the merchandising team to ensure that financial objectives align with product opportunities
• Lead the planning and merchandising team, utilizing historical data and current trends, to capitalize on new opportunities, and identify risks.
• Understand opportunities and risks from direct reports and communicate to key business partners including merchandising, finance, marketing, visual, and brand leaders
• Develop, train and lead planning team
• Partner closely with allocation team on a daily basis to ensure product strategies are executed to the store level
• Partner with the Production team on projections and buy passoffs
• Meet with planners to understand weekly forecasts, category opportunities and risks, markdown recommendations, and reflowing of inventory.
• Ensure that all decisions are based on historical data and/or current trends and collect information to create global action plans
• Present “action points” to senior management and gain consensus on business approach
• Manage seasonal liabilities, inventory by source, and delivery performance at a divisional level.
• Guide planners to tactically manage liabilities and drive opportunities
• Partner with Allocation on allocation strategies daily
• Meet with planning team to review historical performance at the category and key item level.
• Understand and validate analysis by source, delivery, and category to merchants to understand prior performance and develop future goals
• Pre-season create divisional and departmental plans to support the development of the line
• Set sales, margin, flow, and IMU goals prior to the planning of each delivery.
• Reconcile tops down and bottom up forecasts prior to the passing of receipts to the merchant organization
• Participate in buy review with merchants, planners, and allocators to ensure appropriate breadth and depth, and flawless execution.
• Collaborate with lead merchants to ensure that plans support product goals
• Lead and facilitate buy finalization meeting with merchant.
• Review pre-season plans that support new assortment.
• Identify risks and opportunities relative to product, flow, and presentation
• Create a dynamic team environment that encourages collaboration and creativity within the business unit and across brands
• Lead planning team ensuring that all company objectives and current and future business plans are executed.
• Provide clear direction to all levels managing details as appropriate
• Identify top talent and infuse new bench strength within organization to support succession planning
• Train, develop, and manage direct reports to support succession planning initiatives.
• Offer consistent and timely feedback to direct reports

Benefits

• Competitive pay
• bonus programs
• best in class medical insurance
• vision insurance
• dental insurance
• life insurance
• disability insurance
• An above-market 401(k) contribution to help our eligible associates save for retirement.
• Generous company-paid holidays
• paid time off
• hybrid working arrangements
• volunteer opportunities
• seasonal hours
• flexible work schedules
• A variety of wellbeing tools and programs such as, Headspace membership, reimbursement for fitness memberships and/or digital meditation subscriptions, and the opportunity to earn up to $200 a year in rewards for exercising and participating in healthy activities.
• Access to services for childcare, elder care, adoption preparation, pet care, plus reimbursement for backup care when your regular plans fall through.
• Receive support for continued education including tuition reimbursement.
• Shop at our company outlets and e-commerce sites at a discount.

What This Job Offers

• Job Type: Full-time
• Career Level: Director