Sr. Planning, Planning Manager

Tory BurchNew York, NY
$125,000 - $160,000

About The Position

We are an American luxury lifestyle brand, founded in 2004. Anchored in the casual elegance of American sportswear, Tory’s design philosophy is defined by effortless silhouettes, innovative materials, eclectic juxtapositions of color, and the tension of past and present. The collections include ready-to-wear, handbags, footwear, accessories, jewelry, home and beauty. Empowering women is the company’s guiding principle, expressed through Tory’s collections and reflected in the company culture as well as the work of the Tory Burch Foundation. Established in 2009, the Foundation provides women entrepreneurs in the United States with access to capital, education and community. You are seeking a work environment where people are encouraged to dream, explore, discover and, as important, laugh together. If you’re prepared to work hard, create impact, and have fun while doing it, we would love to have you join #TeamTory. Apply today! Life @ToryBurch is Special Because: When you join us, you’re joining a global, purpose-led company on an exciting growth journey with an amazing culture and great benefits. Our culture is welcoming and inclusive -- everyone is empowered to make a difference. We have the best team in the world and believe in paying competitively and rewarding for high performance. Your overall well-being is important to us; we offer generous benefits to help you take care of your mental and physical health, create financial security, and achieve wellness in all areas of your life. We love seeing our employees wear our beautiful collections. You’ll receive a generous employee discount and access to exclusive sample sales. We are invested in your professional growth – you’ll have access to free executive coaching on-demand. We believe in the importance of giving back and you’ll have many opportunities to do just that through the Tory Burch Foundation and paid volunteer days. This Role is Tailor-Made for You Because: You are a highly skilled and results driven planner with a strong analytical mindset, an eye for identifying business opportunities, and the ability to develop and execute business strategies. As a key member of the planning team, the Senior Manager will collaborate with cross-functional teams to align sales and inventory targets while managing business objectives and optimizing overall performance. A Day in the Life: This Role is Tailor-Made for You Because: You are a highly analytical leader who thrives in a fast-paced retail environment, builds strong cross functional partnerships and turns data into actionable business strategies. You enjoy solving complex business challenges, thrive in a collaborative environment, and want the opportunity to influence the business, develop talent and make an impact on a growing business! A Day in the Life: You’ll be responsible for developing and executing merchandise financial plans, forecasting sales, managing inventory levels, and supporting strategic business decisions across Footwear and Licensed categories. You will partner closely with buying, visual, field / retail team, Global Planning, DC and Logistics to optimize product availability, maximize sales, and drive profitability.

Requirements

  • BA/BS or equivalent
  • 10+ years of merchandise planning experience
  • Deep understanding of retail financial metrics such as sell-through, discount rate, margin, inventory turn, and weeks of supply
  • Highly organized, detail-oriented, and capable of managing multiple priorities
  • Strong analytical skills with advanced proficiency in Excel; experience with planning and forecasting tools
  • Excellent leadership and communication skills; ability to motivate and inspire teams

Responsibilities

  • Build bottom-up sales plans by category that support overall total North America Outlet financial strategies and inventory metrics
  • Analyze business trends to identify risks and opportunities. Create and maintain annual, monthly, and daily sales plans reconciling them to topline projections and forecasts
  • In partnership with buying counterpart, plan and execute category promotion and markdown strategies aligned with business needs, gross margin goals, historical trends, and merchandising guidelines
  • Contribute to inventory / allocation execution by parterning with direct report / allocator to manage store and DC inventory, in-season transfers, new store openings, etc
  • Own the financial strategy across Footwear, Ready-to-Wear, and Licensed categories
  • Develop and manage annual and seasonal financial plans, including sales, margin, inventory, receipts, and discount rate
  • Partner with Buying, CMP and merchandising to build assortment strategies that support topline financial objectives
  • Proactively analyze business trends and performance to identify risks and opportunities, providing strategic recommendations to leadership and cross functional partners
  • Lead weekly and monthly business reviews, serving as the voice of the business through clear insights, actionable recommendations, and a strong point of view
  • Develop inventory strategies that maximize sales, profitability, and store capacity across 45+ Outlet stores
  • Partner with Associate Allocator to ensure inventory is flowing to the right stores at the right time while maintaining healthy store and Distribution Center inventory levels
  • Optimize inventory productivity through replenishment strategies (Auto Allocation), and proactive inventory management i.e healthy weeks of supply, sales-to-stock relationships and proactively recommending actions to improve and mitigate risk
  • Balance long-term inventory strategies with business needs to support continued growth and operational efficiency
  • Serve as the strategic planning partner to Buying, CMP, Finance, Store Operations, Logistics, Visual, DC and external vendor partners
  • Build strong cross-functional relationships that drive alignment, accountability, and execution across key business initiatives
  • Lead and develop an Associate Allocator through coaching, guidance and ongoing development to ensure strong execution and future growth
  • Influence business decisions by translating complex data into meaningful insights and actionable strategies
  • Represent Planning as a trusted business partner, bringing a proactive mindset, strategic perspective, and solutions-oriented approach to every decision

Benefits

  • Generous employee discount
  • Access to exclusive sample sales
  • Free executive coaching on-demand
  • Paid volunteer days
  • Competitive pay
  • Rewarding for high performance
  • Benefits to help take care of mental and physical health
  • Benefits to create financial security
  • Benefits to achieve wellness in all areas of life
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