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Manager, Planning
2 months ago
Job Title: Manager, Planning and Inventory Management
About the Role:
The Manager, Planning and Inventory Management is a key position responsible for driving financial performance and inventory productivity. This role will partner with the Category Manager to develop category strategies, create merchandise financial plans, and support assortment plans to meet/exceed sales, margin, and inventory turn targets.
Key Responsibilities:
- Develop and execute category strategies based on customer feedback/preferences to achieve financial goals and business objectives
- Partner with Category Manager to develop conceptual assortment plans and reconcile assortment plans against financial goals
- Provide in-depth analysis of product performance and make recommendations to maximize business opportunities
- Manage and maintain OTB, allocations, and inputs into the forecasting and replenishment systems
- Partner with Category Manager to manage open-to-buy/business performance in-season to maximize sales opportunities
- Support the Category Manager to collaborate with Store Design and Visual Merchandising on space planning
- Develop merchandise financial/store plans and open-to-buy
- Manage overall markdown process to ensure smooth launch/exit of inventory
- Develop and execute financial/assortment analytics and reporting
- Understand the impact to Indigo of changing external environmental factors
- Develop replenishment budget
- Work with Category Manager to develop allocation strategy by determining allocation and in-season readiness to monitor/manage allocation/replenishment performance
- Communicate with and support stores and DCs
- Accountable for managing Replenishment
- Support the creation of the Store/location plans during MFP process
- Ensure the completion of team deliverables and set/adhere to team budgets, as applicable
Key Performance Metrics:
- Sales & Net Margin
- Inventory Turns & NMROI
- EOM Inventory Levels
- Forecasting Accuracy
People and Cultural Expectations:
- Build strong teams by attracting and developing the best talent
- Bring out the best in others, empower and constructively stretch talent
- Give authentic feedback on performance and potential
- Ensure all team members understand where they stand and have clear performance objectives aligned with Indigo and team goals
- Celebrate diversity of thought and have an open mindset
- Take an active role in fostering a culture of continual learning, taking risks without the fear of making mistakes
- Embrace, champion and influence change through your team and/or the organization
Scope and Reporting:
Reports to: Director, Planning & Inventory Management
Manager once Removed (MOR): SVP, Planning & Inventory Management
Key Relationships:
- General Merchandise
- Supply Chain
- Finance
- Consumer Experience
- Vendors
Qualifications:
- 5+ years Retail experience or equivalent business-related experience
- 2+ years of experience as Manager of a team
- Bachelor's degree in business, Economics or equivalent
Competencies and Skills:
- Strong analytical skills, ability to analyze and utilize financial measurements including sales, gross margin, receipt flow, OTB, etc. to impact the business
- SAP or mass data experience
- Ability to learn new technical applications and tools quickly
- Strong communication skills
- Demonstrate ability to build and maintain productive and cohesive relationships with peers and cross-functional teams
- Ability to "sell" ideas and influence senior management, peers, direct reports and cross-functional/business matrix
- Demonstrate strong listening, written and oral communication skills
- Ability to deal with change and uncertainty
- Demonstrate solid problem-solving skills
- Flexible and adaptable to changing priorities
- Ability to organize and prioritize workload to meet deadlines, multi-task and complete projects on time
- Ability to effectively manage details, demonstrate good organizational skills
- Strong computer skills, including proficiency in Microsoft Word, Excel, PowerPoint and Outlook
About Indigo:
Indigo is a Canadian company dedicated to telling stories and creating experiences. We are a cultural department store that loves books and all things beautiful. Our mission is to add joy to our customers' lives each and every time they interact with us and our products.
Our Values:
- We exist to create joyful moments for our customers
- We treat each other the way we'd treat a valued friend
- We inspire each other to do our best work
- We seek to ignite creativity and innovation every day
- We give back to the communities in which we operate
