Associate Business Planner, Trading

Ralph Lauren
Watford, United Kingdom
10 Jun 2022
03 Aug 2022
Company Description
Ralph Lauren Corporation (NYSE:RL) is a global leader in the design, marketing and distribution of premium lifestyle products in five categories: apparel, accessories, home, fragrances, and hospitality. For more than 50 years, Ralph Lauren's reputation and distinctive image have been consistently developed across an expanding number of products, brands and international markets. The Company's brand names, which include Ralph Lauren, Ralph Lauren Collection, Ralph Lauren Purple Label, Polo Ralph Lauren, Double RL, Lauren Ralph Lauren, Polo Ralph Lauren Children, Chaps, among others, constitute one of the world's most widely recognized families of consumer brands. At Ralph Lauren, we unite and inspire the communities within our company as well as those in which we serve by amplifying voices and perspectives to create a culture of belonging, ensuring inclusion, and fairness for all. We foster a culture of inclusion through: Talent, Education & Communication, Employee Groups and Celebration.

Position Overview
As an Associate Planner on the Commercial Trading team, you will support the planner & manager, while actively trading & executing product strategy across Ralph Lauren EMEA stores & ecommerce. Trading your product areas using markdown & inventory levers to drive sales, profit, and productivity. Clear & concise reporting, trade action plans, and highlighting future risks/opportunities are key in this role. The Commercial Trading team members work in close partnership with Assortment Planning, Retail / Branch Planning, Inventory & Distribution teams, Buying, Marketing, Retail Operations, and other key stakeholders.

Essential Duties & Responsibilities

* orking with your planner to help trade & report on your product area
* Aid the planner with product performance analysis for your product area, highlighting opportunity/risk to management and wider teams, along with necessary actions
* Manage input of markdown prices in the system
* Produce business-wide product reporting
* Present trade & analysis to various levels/stakeholders within the business
* Provide actionable inventory guidance to allocation & inventory partners at all stages of product selling (ie from launch to post-markdown)
* Hindsight monthly/seasonal performance and markdown/sale periods, take learns and implement in future strategy & decisions
* Form close partnerships with Assortment Planning & Buying counterparts to ensure sales goals and brand & product strategies are achieved
* Be open & collaborative in all ways of working

Experience, Skills & Knowledge

* Minimum 1-2 strategic cycle's in retail Merchandiser or equivalent
* ynamic, resilient, and happy to work in a fast-paced environment
* Self-starter; highly motivated and organised
* Strong analytical skills, proven proficiency in retail math
* Excellent communication skills
* Creative problem-solver and critical thinker
* Effective influencer
* A desire to review / create efficiencies in processes
* People-person, able to easily forge relationships with key-stakeholders

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