VP Merchandise Planning and Inventory
3 weeks ago
This role is responsible for the development, implementation, and execution of the Banana Republic Womens Merchandising organization and its goals; delivering value through creating high performing / operating teams, effectively balancing innovation, quality, and costs that meet Banana Republic's long-term global brand vision.
To deliver the Womens Merchandising strategies, the VP will lead a team of Merchandising professionals and has Sr. The VP works closely with cross functional partners in Design, Planning, and Product Development. The VP works with these teams to execute Banana Republic's Product Pipeline process, improve GM, Increase Inventory Optimization, and Drive Additional SG&A efficiency-goals that the merchandising teams can affect.
The VP develops, communicates, and drives long-range strategies that meet or exceed financial goals and customer expectations. To be successful, the VP will be a champion for the BR business and be skilled at building and maintaining strong and effective relationships with the BR leadership team, as well as with the leaders of key functions such as Inventory Management, Design, Product Development, Site Merchandising, Field & Visual Merchandising, Marketing, Business Strategy, and Finance. The VP will inspire and motivate the team and others by presenting a compelling vision and direction for the holistic business and be a role model and mentor within the company. This role is accountable for achieving business objectives through product differentiation, customer response, and financial performance.
The Banana Republic Vice President Womens Merchandising is based in San Francisco and reports directly to Head of Merchandising & Inventory Management.
We will meet minimum wage or minimum of the pay range (whichever is higher) based on city, county and state requirements.
Empower direct reports to lead the functional strategies within Merchandising to deliver on the broader business objectives.
Signs off on the operational strategy (short and long-term) to deliver the BRlongrange plan.
Leads, directs, develops Merchandising team from concept, milestone, and final assortment stages of product development.
Lead Merchandising team in creating strong product assortments that deliver on BRs goals with a focus and prioritization of key initiatives.
Ensure seasonal strategies provide an exciting customer omni experience and support long-term Brand and Division goals.
Create a seamlessly omni experience for the customer by driving an omni assortment on promotional strategies, visual, field & site merch team on customer experience, and marketing on communication.
Collaborates with Design & Product Development on product strategies and requirements to ensure customer needs are met.
Partner with the BR Leadership team to manage and react to business in the moment to ensure we are achieving sales and profit plans and meeting customer demand.
Provide clear leadership and direction regarding seasonal investments to ensure that smart risks are being taken in the appropriate categories and that financial targets are met.
Partners with Marketing, Visual Merchandising & Site Merchandising to ensure consistent consumer experience through execution of cohesive product vision.
Partners with Inventory Management on seasonal investment strategy by market to ensure big ideas and growth drivers are protected.
Work cross brand and cross functionally on organizational strategies for long term growth.
Build extraordinary talent through coaching and championing inclusion.
Experience in driving omni global merchandising strategies.
Strong Business Acumen, expert knowledge of financial measurements and how to impact them. Must be the market-facing expert for the business (competitive and customer). Must be consumer centric and lead the teams to make decisions based on our customers wants / needs.
take smart risks and be innovative.
Experience in an apparel product brand as a business leader with major business driving functions i.e., IM, Merchandising, Stores, etc.
VP level experience required.
10+ years of management experience.
Bachelors degree preferred.
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