The Planner, Retail Planning at Tory Burch is responsible for analyzing and forecasting the footwear business for our North America Retail channel through strategic merchandise planning, controlled inventory management, and actionable reporting and insights. This individual maintains the monthly divisional OTB for select categories and is able to speak to both pre-season and in-season plans. To excel, this person must have excellent retail math and analytical skills, established planning experience, creative problem solving skills, and enjoy working in a fast paced, collaborative environment.
Provide critical analytical support to the North America Retail Full Price organization, including sales and gross margin analyses across a diverse range of categories
Create and lead financial sales and OTB plans, as well as in-season re-forecasting for key metrics at both seasonal and daily levels.
Lead in-season business of owned categories partnering with Buying/Merchandising leads to ensure clear recommendations to support in the end to end product lifecycle
Responsible for open to buy recommendations and inventory management including: Review weekly selling and sell-thru to identify and suggest additional reorder opportunities and out of stock risks.
Partner with Buying/Merchandising leads to link tops down financial results to daily and weekly divisional performance, while outlining action to drive future results through productive promotions and markdown management.
Review receipt flows by category including aged inventory to ensure Retail Stores have the right inventory to maximize sales
Liaise with key cross functional partners and buying team to optimize inventory, in season business and to maximize gross margin across all stores
Ensure that on-order and committed receipts are delivering on time to support forecasts
Recommend “chasing” or “reflowing” receipts as appropriate
Prepare for key promotional and seasonal periods by ensuring sufficient stock levels overall and in expected best sellers. Analyze event performance to Forecast/LY and communicate results
Review pricing and MD analysis in conjunction with Buying. Support price change and decisions on promotional strategies
EDUCATION & PRIOR EXPERIENCE NEEDED
Minimum 3-5 years’ experience in Planning or similar analytical role Proven experience with Inventory Control, Allocation, Merchandising, Demand Forecasting, Financial Planning or Analysis
Advanced Excel skills
Extensive knowledge of Retail Math, including Gross Margin proficiency
Self-starter: willingness to work independently to dig into business and present call-outs
Strong interpersonal, verbal and written communication skills
Strong planning and organizational skills with a sense of priority for deadlines and attention to detail
Strong leadership skills with passion for building high performing teams
Ability to recognize and react to changing work demands
Adaptable – Change before you have to
Changes course easily – Knows when to be patient and when to push – Works well in the gray – Shows grace under pressure – Owns mistakes and learns from them – Balances multiple priorities
Entrepreneurial Spirit – Own it
Takes initiative, doesn’t wait for direction – Builds for the future – Takes personal ownership and accountability – Is resourceful in getting things done
Collaborative – No “I” in Tory
Is self-aware and open-minded – Integrates the perspectives of others – Is direct but respectful – Communicates cross functionally – Knows when to get people involved and when to make a decision – Takes an inclusive approach
Client & Brand Focus – Put yourself in Tory’s shoes
Passionate about the brand and the work – Creates a transformational client experience – Makes decisions in the best interest of the company and our customers – Focuses on internal and external customers
Live the Values – Being “Buddy”
Keeps the “Buddy Values” alive (Kindness, humility, warmth, honesty, loyalty, compassion, integrity, and passion) – It’s not just what you do, but how you do it – Contributes to a positive and productive environment
Functional Expertise – Know Your Stuff
Has the skills necessary to perform the job – Keeps current on trends, skills, and practices – Puts learning into practice
Team Builder – It’s all about “We”
Sets team goals and roles – Develops, motivates and empowers – Delivers constructive and encouraging feedback – Holds people accountable for results – Recognizes high performance
Change Leader – Change is the essence of life
Challenges the current point of view – Puts changes in context for the team – Executes changes that impact the business – Is proactive and positive – Listens to and keeps the team up to speed
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.
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 email@example.com.
About Tory Burch
Tory Burch is an American lifestyle brand inspiring and empowering women around the world to live in full color with character, confidence and beauty. Classic in spirit with a modern sensibility, the collection embodies the personal style of Founder Tory Burch and includes multiple categories from footwear and ready-to-wear to handbags and home.
Our company launched in February 2004 with a single boutique in downtown Manhattan. Today, we are a global brand with a presence in more than 50 countries, and an enduring commitment to advancing women’s empowerment and entrepreneurship through the work of the Tory Burch Foundation.
Brand integrity, beautiful products and social purpose are integral to who we are as a company and what we have accomplished to date. Our incredible team and our unique culture are an equally important part of the equation. We believe that every employee plays a vital role in our continuing efforts to grow and evolve.