Planning Manager

Tory Burch • New York, NY

4d • $105,000 - $135,000

About The Position

The Ecommerce Planner, Digital Planning at Tory Burch is responsible for analyzing and forecasting select product categories within the business for the North America Ecommerce channel through strategic merchandise planning, controlled inventory management, and actionable reporting and insights. This individual maintains the monthly divisional OTB for select categories and is able to speak to both pre-season and in-season plans. To excel, this person must have excellent retail math and analytical skills, established planning experience, creative problem-solving skills, and enjoy working in a fast-paced, collaborative environment.

Requirements

• Bachelor’s Degree
• Proficient in Microsoft Office, including Excel and Powerpoint
• 3-5 years of experience working in planning or finance-related field
• Excellent communication skills
• Strong analytical skills paired with strategic business acumen
• Detail-oriented, results-driven, highly motivated, and entrepreneurial
• Strong organizational skills and excellent communication skills

Nice To Haves

• Experience with planning and business reporting applications is a plus
• Prior experience in e-commerce is highly desired

Responsibilities

• Merchandise Financial Planning and Inventory Management
• Assortment Planning
• Business Management / Reporting and Analysis
• Ownership of Small Leather Goods and other categories as well as functional support for the Handbags business
• Maintain monthly and yearly OTB, including reforecasting sales, margin, receipts, and inventory
• Review plans and forecasts, identify risks and opportunities, and drive action plans
• Communicate the state of the business in weekly meetings and monthly OTB meetings
• Recommend strategic actions to maximize sales & margin, optimize inventory, and mitigate risk
• Ensure that on-order and committed receipts are delivering on time to support forecasts
• Recommend “chasing” or “reflowing” receipts as appropriate
• Create annualized financial plans for select category/categories (including sales, gross margin, receipt, and inventory targets) that align with the merchandise financial plan
• Manage Buy Tools and the completion of the buys in collaboration with buying team
• Assortment planning for key items and new collections
• Work with the buying team to ensure the final assortment supports sales based on hindsight and that the inventory buys are appropriate to deliver sales and sell thru targets, including during key e-commerce event periods
• Review and Manage Key Item planners weekly. Communicate demand requirements to corporate merch planning and production based on buy calendar
• Report out on style and family performance in comparison to original plans
• Collaborate with cross-functional partners to understand stock needs in fashion best sellers and take actions to secure inventory to support sales
• Prepare for key promotional and seasonal periods by ensuring sufficient stock levels overall and in expected best sellers. Analyze event performance to Forecast/LY and communicate results
• Review pricing and MD analysis in conjunction with Buying. Support price change and decisions on promotional strategies
• Analyze sales and inventory reports and develop strategies to achieve Plan
• Complete specific analysis to support buy process i.e. - Size level analysis
• Own select weekly reporting documents

Benefits

• Generous benefits to help you take care of your health, create financial security, and achieve wellness in all areas of your life.
• Competitive pay and rewards for high performance.
• Generous employee discount and access to exclusive sample sales.
• Free executive coaching on-demand.
• Opportunities to give back through the Tory Burch Foundation and paid volunteer days.

What This Job Offers

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