Planner - Calvin Klein

PVH Corp.•New York, NY

About The Position

Be part of an iconic story. At Calvin Klein, we believe in fostering an inclusive and collaborative culture by celebrating different perspectives, backgrounds and beliefs to truly connect with our associates and consumers. Join us and have a meaningful impact on the world – and – endless opportunities to design your future. Immerse yourself in Calvin Klein here! (YouTube, Instagram, TikTok) POSITION SUMMARY: The Planner is responsible for developing, executing and communicating strategic merchandise financial plans for the Calvin Klein Omni-Channel and driving business to meet the division’s financial, merchandising and marketing objectives.

Requirements

Minimum 2-3 years merchandise planning experience; 5 or more years of total work experience
4-year degree; advanced degree a plus
Demonstrated experience Presenting and recommending strategies and building a business case
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.
Analytical/Math Skills
Project Management
Strategic Forecasting & Financial Planning
This position is not eligible for sponsorship.

Responsibilities

Develop, execute, and communicate strategic merchandise financial plans that support the company’s financial, product, and marketing objectives.
Strategically drive the business in order to maximize sales and margin, and optimize inventory.
Contribute to the development of Brand initiatives, and ensure that all planning activities support annual goals.
Create strategic financial plans that support the company’s objectives and brand goals.
At a Department & Product Segmentation level, develop sales, gross margin, and inventory plans that support the company’s profit objectives.
Collaborate with merchandising to ensure that financial objectives align with product opportunities.
Guide the merchandising team, utilizing historical data and current trends, to capitalize on new opportunities, and identify risks.
Communicate opportunities and risks to key business partners including merchandising, finance, marketing, visual, and brand leaders.
Build and maintain a strategic promotional calendar, in partnership with merchandising and marketing
Provide guidance on key/peak weeks
Help build and manage the budget for area of responsibility and ensure we are meeting our sales, GM and inventory targets.
Must be able to make decisions quickly in an ever-changing environment; partner cross functionally with cross-functional team.
Identify risks and opportunities relative to sales trends on product, flow, and presentation.
Must be flexible to adapt to changing trends of business and/or ad hoc projects and be detail orientated.
Provide updated weekly forecasts to merchandising team detailing category opportunities and risks, recommending markdowns, and reflowing inventory as needed.
Ensure that all decisions are based on historical data and/or current trends.
Present “action points” to cross functional teams and senior management and gain consensus on business.
Drive strategic pricing decisions with cross functional team to maximize sales and margin.
Manage seasonal liabilities, inventory by source, and recommend reflow of new deliveries as needed.
Partner with merchandising, visual and marketing to develop 90 day forecast for sales, margin, and inventory.
Develop analytics to support business approach including source, delivery, and season forecasts.
Pre-meet with divisional leadership to gain consensus prior to monthly strategic meeting.
Lead and direct the monthly forecast meeting providing guidance to business leaders and finance.
Recommend strategic actions to maximize sales and margin, optimize inventory, and mitigate risk.
Collaborate with the field organization, visual, marketing, and other critical partners to ensure execution of strategies.
Lead the receipt reconciliation process with merchant team.
Ensure that on order and committed receipts are delivering in time to support forecasts.
Identify risks and drive action plans to manage.
Recommend “chasing” or “reflowing” receipts as appropriate.
Review historical performance at the department and program item level.
Present analysis by source, delivery, and category to merchants to understand prior performance and develop future goals.
Pre-season create department, category and item plans to support the development of the line.
Provide receipt plans, margin and IMU goals, and flow strategies to merchants to drive assortment execution.
Review and reconcile assortments with inventory planners to ensure appropriate breadth and depth, and flawless execution.
Provide guidance on store clusters and alpha ranks.
Lead and facilitate buy finalization meeting with merchant.
Present pre-season plans that support new assortment.
Identify risks and opportunities relative to product, flow, and presentation.
Highlight changes to store groups and distribution strategies relative to last year or prior buys.
Gain consensus on assortment and plans from senior management.
Lock plans seasonally and ensure that any reforecasting of sales, margin, or inventory (based on changes in trends) is reflected as new assortments are delivered.

Benefits

PVH currently provides base salary ranges for all positions-on job advertisements-in the United States based on local requirements.
These ranges are based on what PVH reasonably believes that it will pay an associate for their base salary for said position at the time of the posting.
Individual compensation will ultimately be determined based on a variety of relevant factors including but-not limited to qualifications, geographic location and other relevant skills.
PVH is committed to providing a market-competitive total rewards package to eligible associates, which includes diverse and robust health and insurance benefits to meet the varied needs of our associates and an above-market 401(k) contribution to help our associates save for retirement.
We also offer career growth opportunities, empowering our associates to design their future at PVH.
This role is bonus eligible.
Competitive pay, bonus programs, best in class medical insurance, vision insurance, dental insurance, life insurance, disability insurance, and more.
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, and 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.