Planning Manager, Full Price
We are an American luxury lifestyle brand, founded in 2004. Anchored in the casual elegance of American sportswear, Tory's design philosophy is defined by effortless silhouettes, innovative materials, eclectic juxtapositions of color, and the tension of past and present. The collections include ready-to-wear, handbags, footwear, accessories, jewelry, home and beauty.
Empowering women is the company's guiding principle, expressed through Tory's collections and reflected in the company culture as well as the work of the Tory Burch Foundation. Established in 2009, the Foundation provides women entrepreneurs in the United States with capital, education and community.
You are seeking a work environment where people are encouraged to dream, explore, discover and, as important, laugh together. If you're prepared to work hard, create impact, and have fun while doing it, we would love to have you join #TeamTory. Apply today!
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Life @ToryBurch is Special Because:
When you join us, you're joining a global, purpose-led company on an exciting growth journey with an amazing culture and great benefits.
- Our culture is welcoming and inclusive -- everyone is empowered to make a difference.
- We have the best team in the world and believe in paying competitively and rewarding for high performance.
- Your overall well-being is important to us; we offer generous benefits to help you take care of your mental and physical health, create financial security, and achieve wellness in all areas of your life.
- We love seeing our employees wear our beautiful collections. You'll receive a generous employee discount and access to exclusive sample sales.
- We are invested in your professional growth - you'll have access to free executive coaching on-demand.
This Role is Tailor-Made for You Because:
A Day in the Life:
OVERALL
The goal of this Planning function is to set up all relevant processes and drive the business (Sales/Gross Margin) through strategic merchandise planning, controlled inventory management, actionable reporting and insightful commercial analysis. We achieve this by creating a world class, digitally enabled integrated end to end planning team, which is commercial, connects well cross functionally and delivers efficient merchandise processes.
RESPONSIBILITIES
- Manage the plan and forecast process for all categories performance, sales, inventory, receipt and margin goals
- Continuously analyze and reforecast business and recommend/implement strategies to ensure plan is achieved
- Develop monthly buy plans in conjunction with buying team.
- Work closely with US planning & buying teams to develop quarterly assortment plans and monthly product flow in line with merchandise financial plans
- Work closely with Allocation Department to ensure that distributions meet turn goals, support marketing calendar and maximize profitability
- Plan and Manage assortment to Door Profiles
- Complete Sales and Inventory Performance analysis
- Maintain ongoing communications with Merchandising and Planning & Logistics Departments to continually secure or produce adequate inventories
- Drive financial results that maximize sales, inventory and bottom line profitability
- Analyze historical data and current trends to identify risks and opportunities by department
- Own open to buy forecasts. Present financial forecast and supporting action plans in buy/monthly forecast meeting to Senior Management and HQ
- Communicate financial results, forecasts, and action plans to manager and cross-functional team on a weekly basis
- Manage and Train team members. Provide support to Planner/Associate Planner meet goals and objectives
- Processes a clear understanding of financial measurements which could include; sales margin, gross margin receipts, and return on investment
To Land This Role:
EDUCATION & PRIOR EXPERIENCE NEEDED
- BA or BS degree with 6-8 years of prior experience in merchandise planning and analysis -allocation/ distribution experience a plus
- Advanced computer skills EXCEL etc.
- Experience with Merchandise Planning Systems - JDA (a plus)
- Financial/accounting background preferred but not required
- Product sensibility
- Excellent communication both in Japanese and in English
- Presentation and analytical skills required
- Able to build and maintain productive relationships with peers and cross-functional teams
- Flexible and adaptive to changing priorities
- Able to organize and prioritize workload to meet deadlines
- Demonstrates logical analysis and problem solving skills required
DESIRED ATTRIBUTES
- 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- A change agent who will relish the challenge of operating in a fast paced, demanding environment
- 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 - Entrepreneurial and ambitious
- 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 - Excellent people management skills
- 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 - Flexible and open
- Functional Expertise - Know Your Stuff
- Has the skills necessary to perform the job - Keeps current on trends, skills, and practices - Puts learning into practice - Results Oriented
- FOR PEOPLE MANAGERS: 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
- FOR PEOPLE MANAGERS: 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
- Strong Personal Integrity - Self Starting
- A strong bias for action - hands on and supportive leader - Possesses the personality, integrity and gravitas to be able to work closely with senior executives locally, regionally and globally - Strong and strategic negotiator
- Leadership - Having a Vision
- Possesses the ability to build teams, motivate and develop staff at all levels - A resilient and focused can-do mentality - a dynamic and charismatic leader and team player - open and collaborative management style, capable of maintaining positive relationships with a number of key stakeholders
Why You'll Want to Join Our Team:
How We Work Together
- Adaptable - We change before we have to
- Entrepreneurial - We own it
- Collaborative - There's no "I" in Tory
- Client & Brand Focused - We put ourselves in Tory's shoes
- Live the Values - We show up for each other
- Functional Expertise - We're constantly learning and growing
#TeamTory Values
We show up with honesty & kindness, act with integrity & compassion, work with passion & humility and lead with excellence & humor.
Perks and Benefits
Health and Wellness
- Health Insurance
- Dental Insurance
- Vision Insurance
- Life Insurance
- Short-Term Disability
- Long-Term Disability
- FSA
- HSA With Employer Contribution
- Pet Insurance
- Mental Health Benefits
Parental Benefits
- Fertility Benefits
- Family Support Resources
Work Flexibility
Office Life and Perks
Vacation and Time Off
- Paid Vacation
- Paid Holidays
- Personal/Sick Days
- Leave of Absence
- Volunteer Time Off
- Summer Fridays
Financial and Retirement
- 401(K) With Company Matching
- Performance Bonus
- Relocation Assistance
- Financial Counseling
Professional Development
Diversity and Inclusion
- Woman founded/led
Company Videos
Hear directly from employees about what it is like to work at Tory Burch.