Tory Burch

  • Planning Manager, Global Inventory

    Job Location US-NY-New York
  • About Us

    Tory Burch is an American lifestyle brand that embodies the personal style and sensibility of its Chairman, CEO and Designer, Tory Burch. The collection, known for color, print and eclectic details, includes ready-to-wear, shoes, handbags, accessories, home and beauty. Art, music, travel, interiors and the designer’s own stylish parents are inspirations for the collection.

    Our company launched in February 2004 with a single boutique on what was then a remote street in downtown Manhattan. Today, we are a global brand with a presence in more than 50 countries, but in many ways, we are only just beginning. There is so much we want to do!

    Brand integrity, global inspiration and beautiful products are integral to who we are as a company and what we have accomplished to date. Our incredible team is an equally important part of the equation. We believe that each of our employees play a vital role in our continuing efforts to grow and evolve.

    Overview

    The goal of this Planning function is to set up all relevant processes and drive the business (Revenue, EBIT) 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.

     

    The Manager Global Inventory Planning is responsible to review and consolidate pre-season plans and monthly forecasts. The Manager will assist the Sr. Director to review monthly inventory levels and communicate risk/opportunities to the VP Global Planning and SVP Planning.

    Responsibilities

    • Global Merchandise Reporting
    • Annual Budget / Seasonal Plan / monthly MFR
    • Global Merchandise Plan & forecast consolidation and analysis
    • Delivering Reporting, Analysis & Insights to Drive Retail Productivity
    • Centre of Excellence for Excel, SAP, Stratos and Reporting
    • Drive financial results that maximize revenue, gross margin, inventory turn goals and minimize excess inventory.
    • Consistently track and improve process design, rigor and discipline around planning and inventory buying, as well as inventory management and tracking
    • Responsible to review regional pre-season plans and monthly forecasts with focus on receipt flow and ensure that available inventory meets open to buy strategy and maximizes cash flow
    • Define, create and influence global flow strategy to ensure major international holidays are protected
    • Define, direct and manage Global promotional calendar
    • Execution of global inventory liquidation strategies (seasonal markdown)
    • Improve and implement reporting and analysis capabilities to drive decision making at the regional and global level.
    • Standardized analysis and reporting all business units to provide consolidated and consistent view of regional performance.
    • Develop consistent global reporting (Aged inventory, FP/MD, Season code, Sell through performance by region etc.)
    • Collaborate with Global product and DTC planning / Finance to reconcile planning forecast to financial forecasts by channel and develop strategies to amplify and/or address opportunities
    • Collaborate extensively with corporate partners to define ad execute business strategies, define and drive business process and overall change management.

     

     

    People Development

    • Ensure high performance standards thru Coaching, training, and development. Perform ongoing talent assessments.
    • Provide Leadership and guidance. Develop team members skills and insure goals are achieved
    • Strong Mentorship skills
    • Manages organization and staffing and participates in skills training and development.
    • Participates in company activities, and helps to support and develop a team environment.
    • Participates in fostering job satisfaction and positive morale for multiple direct reports.
    • Systems and process training.

    Qualifications

    • Bachelor's degree,
    • 10+ years prior experience in retail planning & allocation
    • Vertical retail experience
    • Strong leadership skills, executive presence and acumen
    • Strong analytical skills paired with strategic business acumen and application
    • Detail-oriented, results-driven, highly, motivated, and entrepreneurial. Ability to act as both a “player” and a “coach”
    • Ability to negotiate with and influence peers, members of a cross-functional team and senior management.
    • Ability to formally present business strategies and action plans.

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