VP, Planning (Hybrid)
About The Position
The Vice President, Planning, champions new methods to identify planning improvements necessary to improve profits and profitability. They are out of the box thinkers who maximize gross margin dollars and inventory productivity by providing the overall financial direction of a category. The VP guides their team through the development of seasonal merchandise financial plans and by-door plans. They will work in partnership with DMM’s/Merchandise Managers/Allocation Planners to maximize overall financial performance of product categories and to develop a collaborative team culture within their area of responsibility. Essential Function Direct the development of divisional, departmental and bottom-up merchandise financial plans; work with Senior Management, Corporate Planning and team to ensure company EBITDA goals are met or exceeded. Lead team to drive assortment, pricing, profitability and inventory analytics to be used by Buying teams during the product and assortment planning processes (merchandise strategy, inventory planning, assortment & buy planning) Partner with the DMM/MM in the divisional monthly forecast meetings; manage opportunities and risks through the monthly forecast process Analyze historical and current trends to identify risks or opportunities and recommend strategies to increase sales and achieve business and financial objectives Build a high-quality planning team and maintain bench strength by developing partnerships, leading, coaching and providing constructive feedback Facilitate team environment between Buying, Merchandise Planning and Allocation organizations Lead initiatives to instill best practices and develop support infrastructure by evaluating techniques, processes and systems with management to identify improvement areas Lead and Exhibit Planning values Required for All Jobs Performs other duties as assigned Complies with all policies and standards
Requirements
- Effectively manages a large scope of responsibility to achieve financial targets based on a sound knowledge of merchandising concepts
- Thinks conceptually and strategically
- Is highly organized and multitasks
- Builds and maintains productive cross-functional relationships
- Prioritizes and manages workload and processes to meet company objectives
- Takes calculated risks to achieve results
- Crafts targeted and effective verbal and written communications
- Fosters a strong team environment and works effectively with management
- Adapts to shifting circumstances in a business environment
- Exhibits ethics, fairness & values-based decisions
- Maintains professionalism in work relationships and habits
- Provides direction, counseling and coaching to staff
- Develops creative solutions to business issues
- Demonstrates extensive knowledge of the industry
- Provides broad market perspective on trends and business opportunities
- Works effectively with staff and Divisional/BSS management to achieve sound financial and merchandising solutions based on analysis, input and experience
- Prioritizes and manages workload and processes to meet company objectives
- Proficient in business-related computer software (Microsoft Windows, Word, Excel, etc.)
- 4-6 years retail experience
- 1-3 years merchandise or financial planning
Responsibilities
- Direct the development of divisional, departmental and bottom-up merchandise financial plans; work with Senior Management, Corporate Planning and team to ensure company EBITDA goals are met or exceeded.
- Lead team to drive assortment, pricing, profitability and inventory analytics to be used by Buying teams during the product and assortment planning processes (merchandise strategy, inventory planning, assortment & buy planning)
- Partner with the DMM/MM in the divisional monthly forecast meetings; manage opportunities and risks through the monthly forecast process
- Analyze historical and current trends to identify risks or opportunities and recommend strategies to increase sales and achieve business and financial objectives
- Build a high-quality planning team and maintain bench strength by developing partnerships, leading, coaching and providing constructive feedback
- Facilitate team environment between Buying, Merchandise Planning and Allocation organizations
- Lead initiatives to instill best practices and develop support infrastructure by evaluating techniques, processes and systems with management to identify improvement areas
- Lead and Exhibit Planning values
- Performs other duties as assigned
- Complies with all policies and standards
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What This Job Offers
Job Type
Full-time
Career Level
Manager
Number of Employees
5,001-10,000 employees
