Tory Burch

  • Associate, Wholesale Planner

    Job Location US-NY-New York
  • About Us

    Tory Burch is an American lifestyle brand that embodies the personal style and sensibility of its Executive Chairman, 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 Associate Planner of America’s Wholesale will be a key business partner to wholesale sales team, with specific focus on driving merchandise sales and inventory efficiency across all categories of Tory Burch wholesale accounts. This position is responsible for driving the division’s Sales & Gross Margin (% & $) by optimizing product opportunities against a sales target, as well as is responsible for in-season inventory management. The Associate Planner will also work with the sales team to recommend and monitor our wholesale account plans, particularly as it relates to their impact on the division’s goals. The role will report into the Wholesale Planning Manager and will work cross functionally with the key counterparts across Wholesale, Merchandising, CMP, Finance and Production.

    Responsibilities

    Financial Planning and Forecasting
    Along with the Wholesale Planning Manager, develop monthly sales, gross margin, and inventory plans by division (Accessories, RTW/Swim, Footwear, Tory Sport) to support company sales and inventory objectives for both Full Price and Off Price channels.

    • Reforecast sales, margin, receipts, & inventory on a monthly basis and identify risks and opportunities relative to Plan.
    • Collaborate with the Wholesale Sales team and other cross-functional partners daily to capitalize on new opportunities and identify risks to the Plan by utilizing both historical data and current sales trends.
    • Communicate the state of the business in weekly meetings and monthly OTB meetings. Recommend strategic actions to maximize sales and margin, optimize inventory, and mitigate risk. Collaborate with critical partners to ensure execution of strategies.

    Inventory Management

    • Manage and control inventory stock levels. Identify clogs in inventory and opportunities given available stock. Work with off price channels on liquidation as needed.
    • Review open order reporting and ensure that on-order and committed receipts are delivering on time to support forecasts.

    Assortment Planning/Market Planning

    • Forecast need for key item planners across Footwear, Handbags, and Small Leather Goods based on sales. Ensure the channel is never out of stock on these key items.
    • Work with the sales team pre-market to understand account OTBs and tie back to Plan. Analyze market bookings post-market along with Manager and Sales team (w/ focus on replenishment vs fashion investment, AUR, ATS investment, sales impact on monthly forecast).

    Business Management / Reporting and Analysis

    • Partner with Business Intelligence to maintain and improve reporting capabilities. Function as systems expert to support improvements, test and train as needed.
    • Report on weekly POS Sales to management; add texture on key events that may have impacted weekly sales.
    • Maintain by door POS Sales files and historical sales files; maintain historical shipment records.
    • Work with sales team on in-season reorders and replenishment to suggest reorders when needed based on sales trend.
    • Complete specific ad hoc analysis to support the buy process or impact sales.
      • i.e. Size level analysis, market analysis, account analysis, replenishment assessment across a category.
    • Collaborate with Manager and Sales team on management presentations (both internal and external).

    Qualifications

    • Bachelor’s Degree
    • Proficient in Microsoft Office and Excel
    • Experience with planning and allocation applications – JDA – a plus
    • 2-3 years’ experience working in a planning, buying or related merchandising function
    • Strong Analytical and Business acumen
    • Both client and brand focused
    • Collaborative, adaptable, and possesses a willingness to take on new projects
    • Strong organizational skills and excellent communication skills

    Options

    Sorry the Share function is not working properly at this moment. Please refresh the page and try again later.
    Share on your newsfeed