Director, Merchandise Planning
Location
United States
Posted
16 days ago
Salary
$166.9K - $188K / year
Bachelor Degree8 yrs expEnglish
Job Description
• Provide communication, development, coaching, and leadership to the merchandise planning team.
• Break out brand-level financial direction at the department level, balancing opportunity and risk to ensure the enterprise objectives are being met or exceeded
• Prepare reporting dashboards with metrics and KPI’s that measure the departments performance and provide updates.
• Lead the Top-Down/Bottom-up planning process, including in-season forecasting, pre-season assortment strategy and long range plans.
• Partner with Directors of Merchandising on high-level strategic frameworks for driving department growth during pre-season planning process
• Communicate and translate executive direction into actionable execution with direct reports
• Actively monitor progress against gross margin and inventory objectives and support necessary pivots needed to meet the financial goals.
• Develop planning calendar process leading up to milestone touchpoints and project manage the team to completion
• Drive Open to Buy process for the assigned division, optimizing sales, margins, mark-ups, discounts, promotions, events, and advertisement.
• Actively identifies business opportunities; revises plan as needed.
• Analyze historic and current trends providing analytical support to buying team.
• Partner with Allocation counterpart to determine allocation strategies and ensure proper execution.
• Create vision and direction to move the team forward with new methodologies, process improvements and industry knowledge.
• Establish cross-functional relationships to promote best practices and process adherence.
• Foster teamwork and nurture a culture of inclusion, engagement, and growth while rewarding strong performance.
• Establish and maintain trusting relationships with employees and management.
• Partner with HR while provide leaders with guidance on performance management including coaching, counseling, talent development and disciplinary actions.
Job Requirements
- 8+ years of Planning/Allocation experience in a specialty retail environment.
- 7+ years related experience that includes leading a team.
- Advanced ability in Excel managing large data sets, financial modeling and creating tools
- Proficiency with BI tools, dashboards and data visualizers
- Prior experience with non-Excel based Planning systems (preferred)
Benefits
- Torrid is proud to be recognized as a top workplace and industry leader. Our commitment to excellence in workplace culture, diversity, and customer service has earned us consistent recognition.
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