SummaryRH is seeking a VP of Merchandise Planning to oversee multiple categories and strategically plan product development with a focus on effective inventory planning. This role involves meeting strategic, financial, and brand equity objectives while optimizing inventory levels to align product strategy with financial goals.
Responsibilities- Lead weekly and monthly financial review meetings to maximize sales and margin.
- Own in-season forecasting and replenishment buys to ensure optimal in-stock levels.
- Collaborate with vendor partners to secure unit capacity and address procurement constraints.
- Formulate strategies for long-term and short-term objectives.
- Drive product assortment strategies to deliver sales and margin forecasts.
- Achieve financial plan components including Demand, Net Sales, Margin, and Inventory Turn.
- Analyze business trends to drive necessary actions.
- Develop exit strategies for non-productive inventory.
- Create and present divisional forecasts and action plans.
- Conduct reviews and analyses of key performance indicators.
Requirements- 10+ years of experience leading a successful planning team at a senior level.
- Experience in a fast-paced, dynamic environment.
- Proven track record of leading a large team with multiple divisions.
- Experience in financial planning processes and understanding of financial measures.
- Strong analytical, organizational, and communication skills.
- Exceptional Excel skills and data analysis.
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