ABOUT THE ROLE: WHAT YOU'LL DO:
- Develop \& drive innovative, results oriented strategies to support business plan \& goals to drive sales, margin, productivity while managing inventory targets
- Develop pre-season sales, margin, inventory using go forward strategy \& merchandise vision
- Direct short term \& long-term financial strategies \& inventory levels
- Collaborate with merchandising \& other cross functional teals to support strategic seasonal merchandise reviews (assortment planning tactics, obsolescence aged inventory)
- Take accountability for outcomes, demonstrate flexibility \& resilience in response to constraints
- Develop \& direct implementation of new tools, processes, and best practices to improve business performance
- Leading \& providing guidance to team and monitor inventory results as it relates to assortment, promotions, in-stocks and ensure driving the business results
- Apply knowledge of business trends, new product trends, promotional calendar, calendar shifts, cost structure into pre-season, in-season plans.
- Run clearance \& obsolete inventory by proactively recognizing future challenges \& recommending exit markdown strategies while forecasting impact to margin
- End to end ownership of inventory from vendor to DC for core and vendor to stores for Newness product
- Provide inbound forecasts to logistics to avoid fluctuations \& ensure accurate strategy is in place to deliver results
- Develop and manage standardized operational planning, flow and work processes
- Collaborate on consensus process for Demand Planning to ensure appropriate purchasing strategy and inventory balance.
- Direct and challenge team in managing opportunities and risks through the OTB/monthly forecast process
- Partner with Merchandising, Inventory Directors, and Distribution Manager to strategize, develop, and manage financial plans that support key brand strategies and initiatives
- Lead development of seasonal strategy on Key Initiatives \& Newness
- Support and communicate inventory team needs to Executive team and cross functional teams
- Lead and develop team to meet deliverables including Newness order placement, OTB management, Newness allocation to stores, and process management
- Partner Reporting and Systems to define and standardize reporting
- Communicate with manager of System development to build tools to support inventory initiatives
- Continue to develop better process management for team
- Proficient on the on inventory analysis, planning assortment optimization, supply chain, allocation \& planning system experience, to support team
WHAT YOU'LL BRING:
- 10 years retail planning and/or buying experience (OTB management, forecasting, allocation/distribution)
- College degree or equivalent work experience
- Excellent technical skills -- MS Office (Excel, Word)
- Strong numbers proficiency; able to compile complex statistical reports
- Problem solving and analytical skills
- Strong organizational and time management skills; able to handle multiple priorities
- Strong verbal and written communication skills
- A strong team player, with the ability to be flexible
WHY YOU'LL LOVE WORKING HERE:
- You'll be part of a unique culture and family of passionate and inspiring individuals.
- You'll work alongside the best talent in the industry -- people you'll be proud to work with.
- You'll have access to the global community of luxury group LVMH (Louis Vuitton Moët Hennessy) for endless career opportunities.
- You'll have the opportunity to support causes through our Gift of Giving Program (matched donations through Benevity), donations of funds for volunteer time and offering and much more.
- Benefits you can mix and match, depending on your needs.
- Employee Assistance Program services for those times you need extra support.
- Access to our Well-Being@Sephora program to support your mental, financial, physical, and social well-being
- Holidays, time off, Summer Friday hours and flexibility to support work-life balance.
- And of course, there's our incredible swag -- free product gifts throughout the year and tons of discounts with our brand partners.
LVMH
