Director-Demand Planning

Recruiter
Tiffany & Co.
Location
New York, New York, United States
Posted
12 Jun 2022
Closes
07 Jul 2022
Ref
54255
Hours
Full Time
Overview
The Director of Demand Planning will direct a team to achieve the growth objectives of the company. The individual will possess qualities that reflect our cultural values of diversity and inclusion. This individual will lead the development of short term and strategic long-term sales, inventory and purchase forecasts for specific Tiffany & Co. product categories. They will be responsible for the development of consensus sales, inventory and purchase plans in accordance with the financial objectives and strategic goals. They are responsible for the growth and development of the Demand Planning teams.

Specific Categories: Engagement Jewelry, Yellow Diamond Jewelry, High Jewelry, Schlumberger Jewelry whose designs showcase Tiffany's craftmanship and feature special diamonds and gemstones. The ideal candidate needs to demonstrate a passion and appreciation for these unique and customized pieces.
Responsibilities
Demand Planning team has a direct impact in achieving the key results of global sales growth per year and maintain an inventory level that supports sales and delivers on the client experience.
Forecasting, Purchase Planning, and Inventory Management
  • Lead all aspects of specific product categories ensuring that financial sales, margin, turn and ending inventory objectives are aligned and achieve the fiscal year and longer-term strategies
  • Provide procurement plans for industrial and diamond and gemstone needs
  • Focus on forecast accuracy and bias improvements
  • Enhance sales of new products and support the success of key collections, while minimizing inventory liabilities. Closely supervise trends in order to adjust inventory levels in a timely manner.
  • Prioritize, consolidate and present business information for Demand Reviews, Supply Reviews and Management Business Reviews
Cross Functional Partnership and Collaboration
  • Maintain an aligned partnership with the High Jewelry Commercial team to support the robust growth of the Category by ensuring the accurate inventory support for Blue Book collections, store assortments and caravans
  • Collaborate with Product Development and Category Management for new product launch, from initial sales projections to timely inventory support to meet in-market results
  • Partner with Global Assortment Planning and Channel Inventory Planning to increase assortment efficiency and inventory effectiveness across the regions for new and existing products
  • Engage in solution-based cross-functional communication that ensure strategies, tradeoffs, and plans are visible and fully integrated
  • Collaborate with the regional Supply Chain teams to build a robust and consistent planning process to deliver aligned forecasts
  • Develop positive relationships with the Industrial team and Diamond / Gem Supply team and communicate changing business needs and their impact on manufacturing and procurement.
Organization and Process
  • Champion transformative process change to improve efficiencies, collaboration and analysis for agile responses to business strategies
  • Engage with the Demand Planning team to set and communicate clear and ambitious goals that align to Company strategic priorities and key results
  • Demonstrate our cultural values through continuous engagement and team coaching
  • Build an expansive culture that inspires team members and encourages all forms of diversity
  • Develop Managers and Analysts by providing ongoing performance and development feedback, while continually recognizing impactful behaviors and addressing performance issues in a timely manner. Promote growth and coach for succession management.
Qualifications
  • Strong analytical, technical, verbal and written communication skills
  • Strong diplomacy skills and ability to resolve conflict in a professional manner as well as sound decision making skills
  • Self-motivated with a drive for achievement and capable of directing a team in a highly dynamic, fast paced and collaborative environment
  • Excellent in Microsoft Excel and Windows environment with ability to adapt to new software and systems
  • Minimum of 5 years of business experience with at least 2+ years of management experience preferred as well as a college degree or related equivalent experience