Develop and lead the Open-to-Buy (OTB) process, ensuring alignment with topline financial goals and sales forecasts.
Build preseason merchandise plans and SKU-level forecasts informed by historical performance, sales trends, and market insights.
Drive strategies for new product launches and replenishment, establishing goals for evergreen and seasonal assortments.
Partner with cross-functional teams to implement allocation strategies that maximize regional and store-level and productivity.
Establish and maintain effective inventory management systems that optimize in-stock rates while minimizing overstock risks.
Requirements
Oversee end-to-end inventory management, including product lifecycle planning, core replenishment, and merchandise transfers across stores and distribution centers.
Collaborate with Retail Operations to ensure operational excellence in omnichannel inventory execution.
Lead markdown planning and execution to maintain margin goals and ensure a cohesive customer experience across channels.
Analyze inventory health and implement strategic adjustments to improve sell-through and reduce obsolescence.
Reporting, Analysis, & Systems Integration:
Partner with the Analytics team to build and refine reporting tools that track key performance indicators (KPIs) such as sales trends, margin performance, and inventory turnover.
Deliver insights and recommendations to stakeholders, highlighting risks, opportunities, and category-level performance.
Lead the selection and implementation of planning systems to improve operational efficiency, providing training and guidance to ensure adoption.
Pricing & Profit Optimization:
Own pricing strategies and profitability analysis for both product categories and promotional campaigns.
Conduct competitive analysis to ensure alignment with market positioning and customer expectations.
Establish guidelines for pricing adjustments, leveraging data on product lifecycle, demand trends, and market dynamics.
Requirements: