Planning Manager

The Planning Manager will oversee inventory levels, reporting on performance to internal team and brand partners. Manages OTB process, performs data entry as needed. Primary responsibilities include:

Planning, Inventory Management & Reporting:

• Provide daily sales, month to date and year to date sales and inventory reports to internal team members and brand partners as appropriate
• Manage product sales and inventory budget from top down and bottoms up views; manage performance at brand, category and product level
• Manage monthly inventory open to buy by brand and product category to ensure stock and sales positions are supporting growth and inventory efficiency goals
• Provide retail sales and PO projection forecasts for brand partners. Monitor inventory levels and suggest reorders within appropriate timeframe to avoid stock outs
• Negotiate upfront discounts and payment terms with vendors in partnership with Buying
• Monitor hero style selling throughout the year, adjusting projections for these styles and reporting on progress to stakeholders and ensuring product levels are such that we can meet hero projections
• Manage product expiration dates and partner with marketing and sales teams to ensure that any product with upcoming expirations is exhausted prior to needing to be dispositioned
• Provide inventory in DC ready date to Marketing to finalize Ecommerce and retail launch dates for new products
• Speak to future brand and product strategies with key cross functional departments during meetings to give direction on focus styles based on inventory levels
• Partner with Sales, Marketing & Content teams to ensure retail partners have appropriate sampling and marketing collateral from brands to support new launches and ongoing selling
• Forecast sampling and gratis needs both for DTC and retail

Promos

• Communicate with brand partners ahead of promotional periods to confirm participation and increase stock positions.
• Share promo details with Operations and PD teams
• Determine special inventory needs (ie. GWP) and lead the set-up of these items with Ops and PD
• Analyze past promotion performance to determine overall promo goal and impact to month and year trend
• Provide relevant selling updates during promo and share Promo Recap once promo has ended

Order Support

• Work with Buying & Accounting to create purchase orders for brands, receive invoices and coordinate payments
• Coordinate the initial set-up and onboarding with new brand partners, working cross functionally across all teams to ensure milestones are hit in the lead up to launch
• Manage stock levels for our retail locations via weekly inventory transfers
• Help create more streamlined processes for inventory transfers as we scale retail footprint