Tory Burch

  • Planner, DTC Planning

    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 Regional Manager of the Planning function is to drive the business (Revenue, EBIT) through strategic seasonal merchandise planning, controlled inventory management, actionable reporting, and insightful commercial analysis. We achieve this by creating a world class, digitally enable & integrated end-to-end planning & analysis team, which thinks commercially, connects across functions, and delivers efficient merchandise processes.

    Responsibilities

    • Create pre-season financial plans for multiple categories for DTC (Stores and Digital) aligned to the fiscal plans set for the department.
    • Manage category monthly Open-to-Buy for DTC (Stores and Digital) identifying key risks and opportunities including clear actions to drive performance in key metrics with focus on sales, margin and inventory turn.
    • Drive solid seasonal plans for fashion/seasonal & 365 products, defining local markdowns plans and collaborating with local buying teams to define buying volumes.
    • Manage the monthly replenishment forecasts for 365 products at the size level ensuring a never out of stock strategy through strong forecast accuracy and in-season management.
    • Participate in pre-season strategy including robust hind-sighting as well as participate in pre-market buy strategy through partnership with Buying and Allocation.
    • Collaborate with local buying team in defining fashion/seasonal buying volumes incl. size profile to ensure a well-executed buy strategy.
    • Drive detailed weekly in-season analysis & reporting that leads to clear actions to drive the business in support of sell-through and revenue goals set for department.
    • Collaborate with buying and allocation to ensure product lifecycle and delist management is effectively managed in-season.
    • Strong partnership with Buying and Allocation to ensure that stores are well supported in 365 product, floorset execution and consolidation management.
    • Support in the pre-season buy leading analysis of option productivity to lead recommendation on Style / Option Targets by category.
    • Develop and guide regional mark down plans, according to global guidelines & directions provided by central & local merchandising & pricing strategy function.
    • Work effectively as a member of a cross- functional department team (Merchandising, Planning, & Allocation) by focusing on team objectives and communicating clearly. 

    Qualifications

    • Bachelor's degree.
    • 2-5 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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