Assistant Planner

Recruiter
Tory Burch
Location
Shanghai, China
Posted
08 Sep 2022
Closes
02 Nov 2022
Ref
R0013778-3
JOB SUMMARY

JOB DESCRIPTION

JOB SUMMARY

The Planning role at Tory Burch is responsible for analyzing and forecasting the business for multiple divisions to create seasonal buys and allocation strategies. This individual maintains the monthly divisional OTB and is able to speak to both pre season and in season plans. To excel in the position this person must have excellent retail math and analytical skills, established planning experience, have creative problem solving skills, and enjoy working in a fast paced highly collaborative environment.

RESPONSIBILITIES

Open to Buy

Receipt Planning

Forecasting and Analysis

Weekly Business Management

Pricing Management

Forecasting and Analysis

Develop annual sales, gross margin, receipt and inventory plans to ensure that financial objectives align with product opportunities.

Utilize historical data and current trends to capitalize on new opportunities and identify risks.

Develop supporting strategic business plans.

Partner with Buying to maintain a promotional calendar providing guidance on key/peak weeks.

Build Store Level Plans in Total to align with Merchandise Financial Plans

Ensure store or account financial plans and product plans match and are well thought out by store and product category.

Analyze $/sq ft of sales and productivity of stores; recommend product shifts based on learnings to maximize sales.

Analyze sales and ensure allocation strategies are properly executed to support weekly sales targets.

Complete SKU forecasts in conjunction with buying team. Align detailed forecasts with merchandise financial plans by month.

Partner with Buying on assortment strategies based on hindsight analysis.

Open-to-Buy/ Inventory Management

Maintain monthly OTB, reforecast sales, margin, receipts and inventory on a monthly basis. Speak to changes and variances.

Communicate the state of the business in weekly meetings and monthly OTB meetings.

Recommend strategic actions to maximize sales and margin, optimize inventory, and mitigate risk.

Ensure that on-order and committed receipts are delivering on time to support forecasts.

Identify risks and drive action plans.

Recommend "chasing" or "reflowing" receipts as appropriate.

Analyze store productivity.

Make recommendations to better manage FOH and BOH capacities.

Weekly / daily door level plans - Support KPI reporting by Door

Weekly/Monthly Business Management

Communicate state of the business to cross-functional and corporate teams with in season action plans to drive sales.

Analyze store stock levels and present "action points" for the management of inventory and receipts.

Work with cross functional team and stores to create transfers and as needed to drive sales.

Create and maintain reports for the team as needed.

Update and maintain China promotion price in POS system Xstore

EDUCATION & PRIOR EXPERIENCE NEEDED

Bachelor's Degree

Strong Analytical and Business acumen Proficient in Microsoft Office

Experienced with Planning and Merchandising applications

Collaborative ability to lead and motivate team

Strong organizational skills and excellent communication skills

Strong analytical and creative problem solving skills

Approx. 2-3 years' experience working in a planning, buying or merchandising function is must

DESIRED ATTRIBUTES

Detail Oriented

Adaptive

Collaborative

Client and Brand focus

Functional Expertise

Equal Employment Opportunity Statement

Tory Burch LLC is an Equal Employment Opportunity employer and provides equal opportunities to all employees and applicants without regard to an individual's age, race, creed, color, religion, national origin, sex (including pregnancy) or sexual orientation, gender expression, military status, marital status, genetic predisposition or carrier status, disability or membership in any other protected class under applicable law. Likewise, we will consider qualified applicants with criminal histories for employment in a manner consistent with the requirements of the Los Angeles Fair Chance Initiative for Hiring, Ordinance No. 184652. Pursuant to the San Francisco Fair Chance Ordinance, we will consider qualified applicants with arrest and conviction records for employment.

Disability Accommodation

Tory Burch is committed to providing reasonable accommodations to applicants and employees with disabilities. Please tell us if you require a reasonable accommodation to apply for a job or to perform your job. Examples of reasonable accommodation include making a change to the application process or work procedures, providing documents in an alternate format, using a sign language interpreter, or using specialized equipment. If you require assistance or an accommodation with the hiring process, please contact thetalentteam@toryburch.com .