Temporary Sr. Planner (Retail & Wholesale)
West Hollywood, CA
Princess Polly US – Merchandising /
Contract (Fixed Term) /
Hybrid
Mission:
As the Sr. Planner for Retail and Wholesale you’ll manage the sales, receipts, inventory and budget for our retail stores ensuring adequate stock position to achieve our sales targets. You’ll be responsible for analyzing hindsight reporting against our Retail and Wholesale sales trends to identify opportunity and risk to our sales objective, and partner with the buying, wholesale and retail teams on strategies to capitalize on our opportunity and mitigate go forward risk.
**This temporary role will go from October-May
Objectives & Performance Assessment:
-Maintain optimal store and retail distribution center inventory levels to support the retail assortment
-Manage the retail OTB to ensure inventory turn and sales objectives are met by store
-Manage the wholesale OTB to ensure stock needs are fulfilled and forecast inventory turn, monitoring for opportunity and risk
-Ensure the retail distribution center hits turn targets and suggest inventory movements globally from the distribution center to optimize selling globally
-Manage store and retail warehouse inventory levels based off of current product selling and future needs
-Manage Ad Hoc Reporting needs to support the replenishment of retail and wholesale inventory
-Run size and color selling analysis to support future size and color buys
-Partner with the Retail Assortment specialist and wholesale leads to tier buys ensuring adequate first buy depth and replenishment need
-Communicate with the distribution center and transportation partners to ensure insight into inventory and position
-Manage the planning retail calendar to ensure inventory movement is in conjunction with key floorset dates
-Oversee the allocation specialist to ensure product needs by store are met
-Recommend assortment needs in store based off current and historic selling
-Oversee inventory lifecycle, recommending promo and markdown opportunity to liquidate in store -product in a cost effective manner
Major Components:
-Pulling data from multiple sources (Inventory Planner, Excel, Shopify, etc.) updating data in planning reporting in conjunction with reporting schedule
-Communicating with the merchandise, retail and warehouse team daily regarding scheduled objectives and timelines.
-Executing retail store allocation 3 times weekly of both replenishment and new product
-Alert merchandise team of inventory risk based on current selling
-Communicate with store team on product needs from a category, collection size and color perspective
-Maintain optimal retail inventory levels both in our retail store and our retail warehouse
Role Based Competencies:
-Attention to detail. Does not let important details slip through the cracks or derail a project.
-Efficiency. Able to produce significant output with minimum wasted effort.
-Organization/Planning. Plans, organizes, and schedules in an efficient manner. Focuses on key priorities.
-Analytical skills. Able to structure and process qualitative or quantitative data and draw insightful conclusions from it. Exhibits a probing mind and achieves penetrating insights.
-Ability to troubleshoot and be solution oriented
-Flexibility/Adaptability. Adjusts quickly to changing priorities and conditions. Copes effectively with complexity and change.
-Teamwork. Reaches out to peers and collaborates with supervisors to establish an overall collaborative working relationship.
Experience Required:
-College degree preferred
-3+ years of experience in merchandise planning/allocations
Salary banding: 95-115k annual salary