Merchandise Planning Manager- Fragrance

4 weeks ago

New York, New York, United States Richemont Full time

Merchandise Planning Manager, Fragrance & Accessories

At Cartier North America, we are proud to employ talent from many different backgrounds, experiences, and identities. We believe that when diversity and inclusion are fully embraced and empowered, creativity and knowledge emerge to deliver excellence. We continue to work towards creating a workforce that represents the diversity of our clients and our communities.

The Merchandise Planner Manager for Fragrance & Accessories will work within the Merchandising/Supply Chain Department for Cartier North America. This rôle will assist the overall Fragrance & Accessories business by developing analysis/reports and by defining stock strategy.

Key Responsibilities

Demand and Inventory Planning

  • Manage and Plan the overall forecast process for product in range, novelties, and marketing support.
    • Analysis of the sales and demand forecast and recommend / implement strategies to ensure the inventory policy is optimal.
    • Work on the new product launch planning in collaboration with marketing teams.
  • Liaise with international operations team to build assortments for retail, retail partners and ecommerce; review & update based on trends & NA strategy.
  • Ensure inventory policy support sales seasonality and replenishment lead time without having a surplus.

Support to Business

  • Monitor boutiques stock levels/assortments & Sales to determine optimal product mix, recommend and execute actions to support sales.
  • Liaise with international operations team for stock requests, stock allocation, shortages, returns, reallocations. place purchase orders.
  • Maintain strong relationships with marketing and commercial fragrance teams. Communicate on stock updates.
  • Monitor Overall NA inventory for scarce products
    • Oversee products allocation in the warehouse between retail and retail partners to maximize sales.
    • Initiate stock balancing within network and warehouse depending on strategy or sale performance of commercial networks.
    • Partner with NA merchandising for execution.
  • Act as the liaison between NA Merchandising team and International Operations team
    • Communication with NA merchandisers on shortages and production schedule. Collaborate to identify inventory opportunities.
    • Address stock issues and opportunities to international operations team,
    • Manage novelties implementation with merchandising
  • Monitor NA e-commerce stock to support sales trend and objective.
    • Identify inventory opportunities by analyzing and monitoring consumer's buying patterns.
    • Liaise with NA e-commerce team to ensure all novelties are visible on the site, and non-dedicated stock articles are uploaded.

Stock Management

  • Partner with logistics teams within our warehouses to facilitate product flow, track shipments and prioritize deliveries.
  • Handle inbound and out-bound product flows (i.e. returns (RTV's)) and other stock reduction/maximization actions
  • Monitor damaged stock levels with logistic team and the New York workshop. Initiate cleaning.
  • Select eligible products for employee sales.

Continuous Improvement of Processes

  • Power BI reports – build and maintain sales/stock/transfers dashboards.
  • Monitor monthly or weekly changes in sales trend, shortages, logistic processing, Regions/Boutiques/e-commerce stock, assortment.
  • Provides reports as needed for management.
  • Work with International, logistics and IT departments to enhance supply chain services.
  • Handle special projects and responsibilities as required.
  • Communicate with merchandising, marketing, corporate commercial team, PR, celebrity team, warehouse, and visual merchandising.

Qualifications :

Education

  • High school/Bachelor's degree preferred.

Required Experience

  • 4-5 years of experience related to planning/merchandising/buying is required.

Technical Skills/Abilities

  • Excellent computer proficiency with MS-Office (mainly Excel and analysis)
  • SAP system experience is a strong plus.
  • Power BI experience is a strong plus.
  • Knowledge of fragrance is a plus.

Personal Skills

  • Strong interpersonal and communication skills.
  • Strong analytical skills.
  • Fast learner.
  • Organized and capacity to work in the details.
  • Flexibility and reactivity.
  • An entrepreneurial mind-set that includes a curiosity to improve business acumen is required.
  • Motivated individual able to work independently and as a team player is required.
  • Strong organizational skills with excellent time management and decision-making skills.
  • Ability to work additional hours as needed.

WE OFFER

We care about our associate's health and wellbeing and offer a comprehensive benefits program to support you and your loved ones. Our core benefits include medical, dental, and vision programs. Health savings and flexible spending accounts are available to support your financial needs, along with access to the employee assistance program for you and your household members. The company offers income protection solutions including life insurance, disability benefits, and 401(k) with employer match. Understanding the importance of wellness and work-life-balance, our package includes a wellness reimbursement benefit and paid time off. We also encourage associates to give back to their local community by using their volunteer time off days to support important initiatives that drive change.

At Richemont, We Craft the Future

Expected base salary range: $110,000 to $120,000.

Salary will be negotiated based on relevant skills and experience.

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