Job Details

Job title

Merchandise Planning Manager, October's Very Own

Location

Toronto, Canada

Level

Executive / Coordinator

Function

Merchandising & Allocation

Posted

Contract

Full-time, Salary Unspecified

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Job Description

Financial Planning

- Manage the development of annual, seasonal, monthly and weekly merchandise plans

- Develop and communicate comprehensive department financial and product strategies

- Reconcile top-down and bottoms-up class plans to department plans and forecasts

- Develop pre-season plans and recommend purchase/investment quantities and develop accurate receipt flow forecasts

- Develop multiple class level pricing recommendations and strategies in alignment with department’s financial plans

- Analyze historic performance and planned strategies to identify areas of opportunity or risk

- Develop, maintain and update tools, reports, etc to support the needs of the business

- Provide periodic reporting on business performance Product Planning

- Partner with Merchants to size and forecast product / brand sales and profit components

- Establish and maintain accurate demand forecasts and execute managing / anticipating product changes, promotions, etc.

- Manage inventory plans from investment through allocation execution, including ongoing evaluation and updates

- Actively participate in assortment development and review, providing data andanalysis to support decision-making

- Collaborate on best strategies to address product liabilities and develop action plans to liquidate in a timely and profitable manner

- Develop, maintain and update tools, reports, etc to support the needs of the business

- Take the lead in creating profitable ways to manage obsolete and slow-moving inventory to help offset losses

- Evaluate, analyze and report on business metrics

Business Process Management

- Maintain business processes and serve as subject matter expert for process improvements

- Balance workload through multiple process steps (including buy planning, pre-release forecasting and weekly re-forecasting)Plan Management - Allocation

- Partner with Allocations Manager to implement consistent and profitable in-season replenishment strategies and practices

- Lead teams in assessing and executing exceptions for in-season replenishment

- Develop department wide risk mitigation plans and execute when appropriate

- Partner with Allocations team to ensure right stock, right place, right quantities, right stores, right time

- Develop, maintain and update tools, reports, etc to support the needs of the business 

Skills Required:

- Analytic Skills:  Ability to think objectively and interpret meaningful themes from quantitative and qualitative data

- Financial and Business Acumen:  Ability to evaluate financial and business indicators and translate data into actionable information to drive results; proficiency in retail math

- Problem Solving & Decision Quality:  Able to use rigorous logic and methods to solve problems with effective solutions

- Relationship Management:  Able to build constructive and effective relationships with a broad and diverse group of business partners

- Presentation Skills:  Effective in a variety of presentation settings including one-on-one, small and large groups, and with peers and bosses

- Influencing and Negotiation:  Can present ideas and directions that lead others to action

- Planning and Priority Setting:  Demonstrate an ability to set objectives and goals and organize work appropriately to meet and exceed goals

- Process Management:  Can identify and articulate the processes necessary to get things down efficiently and align resources effectively complete activities

- Systems and Tools Acumen:  Proficiency in Microsoft Excel, Microsoft Access and have aptitude to learn technical applications quickly

- Risk Management:  Anticipate risks and identifies contingency plans and processes to prevent disruptions when risks occur

- Possess strong organizational and time management skills- Demonstrates strong listening, written and oral communication skills

The Ideal Candidate

Bachelor's degree or equivalent experience

5-7 years work experience, in Merchandise Planning

3 years of supervisory experience, preferred

Language skills

  1. English, Full professional proficiency

About Us

Established in 2008 in Toronto, Canada, October’s Very Own (OVO) is a global lifestyle brand. OVO designs, produces and manufactures art, music, clothing & accessories and special collaborations.