Summary

RH is seeking a VP of Merchandise Planning to oversee multiple categories and strategically plan the development of our products while focusing on effective inventory planning. This role involves meeting strategic, financial, and brand equity objectives and meticulous planning to optimize inventory levels, ensuring product strategy aligns with financial goals and maintaining strategic inventory management for sustained success.

Responsibilities

• Live our Vision, Values, and Beliefs.
• Lead weekly and monthly financial review meetings, identifying corrective actions to maximize sales and margin.
• Own in-season forecasting of business and replenishment buys to ensure optimal in-stock levels.
• Work with vendor partners to secure unit capacity and address in-stock challenges or procurement constraints.
• Formulate strategies for long-term and short-term objectives.
• Drive and execute product assortment strategies to deliver sales and margin forecasts.
• Achieve all components of the financial plan including Demand, Net Sales, Margin, and Inventory Turn.
• Analyze weekly/monthly business to understand trends, issues, and opportunities.
• Develop exit strategies for non-productive inventory to maximize GMROI.
• Create and present divisional forecasts and action plans for monthly OTB meetings and Executive Business Reviews.
• Conduct regular reviews and analyses of key performance indicators to identify opportunities and mitigate risks.

Requirements

• 10+ years of experience leading a successful planning team at a senior level.
• Ability to work in a challenging, fast-paced, and dynamic environment.
• Proven track record of successful operation and leadership of a large team with multiple divisions.
• Experience in top-down and bottom-up financial planning processes and understanding of financial measures.
• Previous experience with ownership to drive profitability and understanding of total business impact.
• Strong analytical, organizational, and communication skills with the ability to present and support business strategies.
• Lead, mentor, and develop your direct team as well as the business.
• Exceptional Excel skills and data analysis.