Planning Manager
- Employer
- Alexander Wang
- Location
- New York City, New York (US)
- Closing date
- 28 Nov 2020
View more
- Function
- Merchandising & Planning
- Level
- Manager
Job Details
POSITION SUMMARY
The DTC Planning Manager will partner with the Senior Director, Global Buying & Planning in developing the financial and strategic vision for Alexander Wang global retail stores, ecommerce and online marketplace businesses through sales budgeting, inventory management and allocation and financial reporting.
POSITION RESPONSIBILITIES
- Collaborate closely with the Senior Director, Global Buying & Planning to ensure that financial plans align with buying strategies.
- Create OTB tool, at SKU level, to manage monthly sales and receipts and review with DTC team on a monthly basis.
- Partner with Senior Director, Global Buying & Planning to ensure Seasonal OTBs and Purchasing Plans are aligned in advance of 4 markets a year.
- Responsible for global allocations, including the enhancement or creation of tools and processes necessary to ensure appropriate stock to sales levels in all DTC warehouses and points of sales.
- Manage monthly sales and KPI forecasts by channel and location.
- Monitor and share sales trends and opportunities daily and weekly with DTC team.
- Meet regularly with DTC team to advise on reorder and stock balancing opportunities.
- Partner with global operations and logistics on supply chain and inventory management, specifically warehouse to warehouse inventory movement
- Business lead for BI tool and allocation tool projects with IT/Tech and Finance.
- Is the DTC business lead for global pricing and financial sales budgets.
- Execute end-of-season markdown preparations, including inventory movement and pricing for all DTC channels (retail, ecommerce and off-price)
Provides strategic analyses not limited to:
- Strategic presentations for senior management, including OTB, Budget and Reforecast presentations, in partnership with DTC team.
- Global Pricing analysis.
- Monthly Target Planning meetings/Budget revisions.
- Omni-channel sales forecasts, including digital marketplaces (Farfetch, Tmall, JD)
Leads financial reporting and planning:
- Weekly Sales and Inventory reports and forecasts (KPI report, Attribute report and STD Sell-thru report, etc.)
- Monthly OTB reports
- Seasonal market-prep and buy recaps
- In-season reorder opportunities
- EOS inventory analysis
POSITION REQUIREMENTS
- Minimum Education: 4 Year degree in Business, Finance or equivalent experience preferred.
- Minimum Years of Experience: 5-7 years of experience in finance and/or planning and allocation (vertical fashion brand experience preferred).
SKILLS AND KNOWLEDGE
- Financial mindset.
- Analytical and strategic thinking skills.
- Planning and allocation experience, preferably at a vertical brand.
- Excellent leadership and influencing skills.
- Strong organizational and follow through skills.
- Developed presentation, public speaking and communication skills.
- Ability to interact with all levels of management.
- Ability to work independently as well as in a team.
- Capable of challenging the status quo.
Company
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