Inventory Manager - PVH

PVH Corp.•New York, NY

2d•Hybrid

About The Position

TOMMY HILFIGER is a globally recognized lifestyle brand, established in New York City in 1985, known for its modern uniform of accessible luxury. The brand encompasses TOMMY HILFIGER and TOMMY JEANS, along with licensed product categories, and engages with culture through F.A.M.E.S. (Fashion, Art, Music, Entertainment, and Sport) via global campaigns and partnerships. The Inventory Manager leads a team of 2-3 Inventory Planners responsible for merchandise allocation. This role involves utilizing the SAP system to create and maintain store sales and stock plans by class, allocating merchandise based on store sales, receipt, and inventory plans, and managing store inventory levels to maximize sales, gross margin, and inventory turn. The manager also provides quantitative analysis to support business needs and inform future purchases.

Requirements

Bachelor’s Degree; Business, Finance or Economics, preferred
4-7+ years of allocation/merchandising/planning experience, preferably in a vertical retail environment
Strong retail math and analytical skills
Excel proficient
Drives results
Strong written and oral communication skills
Detail oriented
Business acumen
Strong logical, analytical, and problem solving skills
Partners effectively and professionally with others
Mobilizes teammates to achieve department goals
Organizes and prioritizes workload of team members

Nice To Haves

Previous experience with JDA or other planning system is a plus

Responsibilities

Develop, execute, and communicate allocation strategies that maximize sales and profitability objectives for company
Reviews and executes planning and allocation strategies for multiple classifications on a weekly basis
Responsible for monitoring allocation of categories in assigned department
Strategically allocates product to retail locations across US and Canada
Manages sizing profiles and analysis for all retail locations
Team leader within cross functional teams
Oversees performance of and furthers communication between Planning, Allocation and Merchandising
Reviews regional opportunities, reviews best seller items weekly
Understands and uses retail and financial performance metrics (same store sales, department level comps, dollars per square foot) to set and develop strategies for achieving inventory goals
Oversees Min/Max maintenance for designated store/product groups
Monitors timelines for execution of merchandising plans
Monitors shipping timelines and communicates with Logistics Planner to find solutions to logistical and operational issues which impact inventory levels

Benefits

Competitive pay
Bonus programs
Best in class medical insurance
Vision insurance
Dental insurance
Life insurance
Disability insurance
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
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
Reimbursement for backup care when your regular plans fall through
Support for continued education including tuition reimbursement
Shop at our company outlets and e-commerce sites at a discount