About The Position

The Sr. Planning and Replenishment Manager serves as a business partner to merchants for planning and replenishment in a merchandising department. The role maximizes revenue and gross margin dollars while reducing inventory investment by providing high levels of service and in-stock availability to stores, contributing to decisions on receipt flow, timing, quantities, and assortment breadth and depth, and advising on markdown timing and depth to optimize gross margin return on inventory (GMROI). The manager leads a team accountable for planning and forecasting trade merchandise, including imports and domestic goods. The role is directly responsible for consistent execution of common processes and algorithms to manage inventory performance. The team conducts analysis, stock balancing, ordering, finalizes inventory requirements, generates orders, monitors and prioritizes merchandise flow, and reviews in-stock performance across billions of dollars of inventory, thousands of SKUs, and more than $5 billion in annual sales responsibility. The position manages a department or functional group through subordinate supervisors or managers and is accountable for personnel matters, including selection, termination, performance appraisal, and professional development.

Requirements

  • Must be at least 18 years of age.
  • Must be legally permitted to work in the United States.
  • At least 5 years of work experience.
  • Ability to build strong relationships and contribute effectively on cross-functional teams.
  • Strong influencing skills and ability to persuade others through multiple communication methods.
  • Strong presentation and communication skills.
  • Sound business and financial acumen, including understanding key financial indicators and using analysis to develop and evaluate strategic options and opportunities.
  • Demonstrated leadership skills and ability to implement against a wide variety of challenges.
  • Knowledge typically acquired through completion of a high school diploma and/or GED.

Nice To Haves

  • Bachelor of Arts or Bachelor of Science degree.
  • Previous retail experience in inventory management.
  • Understanding of inventory management principles.
  • APICS certification.

Responsibilities

  • Effectively execute inventory planning activities and use metrics to track and improve performance.
  • Develop and implement process and system improvements related to replenishment activities.
  • Provide functional expertise in specifying enhanced replenishment algorithms and systems.
  • Partner with functional and operating business partners to develop and drive business-specific strategies.
  • Deliver consistent, repeatable processes that optimize inventory position, enhance profit, and improve operating effectiveness.
  • Build strong relationships with business partners and support cross-functional initiatives to improve overall business performance.
  • Lead a team responsible for planning and forecasting imported and domestic trade merchandise.
  • Oversee analysis, stock balancing, ordering, inventory requirements, order generation, merchandise flow monitoring and prioritization, and in-stock performance reviews.
  • Manage subordinate supervisors or managers and handle personnel matters, including selection, termination, performance appraisal, and professional development.
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