VP Merchandise Planning

5 days ago

Chicago IL, United States Claire's Full time

Claire’s is a global leader in self-expression, fashion jewelry, and accessories, empowering individuals around the world to celebrate their unique style and creativity. We are seeking an experienced and strategic-minded individual to fill the role of Vice President of Planning. The successful candidate will be responsible for overseeing and leading the retail planning efforts of our company, lead and mentor the planning team, partner with merchant team in developing retail strategies to drive business growth, ensure efficient allocation of resources, and optimal inventory management. This role requires a deep understanding of retail operations, analytics, market trends, and the ability to collaborate cross-functionally to achieve organizational objectives.

Accountable for the leadership and supervision of a group of Merchandise Planning Managers, Merchandise Planners, Associate Merchandise Planners as well as the Directors of Merchandise Planning, and Merch Analytics.
Identify opportunities for growth, expansion, and improved customer experiences through comprehensive retail planning.
Inventory Management: Lead the development and execution of optimized inventory management plans, including demand forecasting, and assortment and replenishment strategies in partnership with the VP of Store Planning & Allocation, monitor inventory levels and anticipate opportunities to prevent overstock or stockouts, optimizing sales, turnover, and minimizing carrying costs.
Financial Analysis: Utilize financial data and market insights to make informed decisions regarding pricing, promotions, and markdowns. Analyze sales trends, profit margins, and other relevant metrics to ensure profitability while meeting customer demand and protecting the brand positioning.
Collaborative Cross-Functional Leadership: Collaborate with various departments such as the Merchant team, Store Planning & Allocation team, marketing, operations, and supply chain to align planning efforts with overall company objectives. Merchandise Assortment Planning: Support the creation of merchandise assortment plans for various store tiers/clusters, considering local market preferences, customer demographics, and seasonal trends. Ensure the right product mix is available to meet customer needs and preferences at the right time.
New Store Openings and Expansion: Play a pivotal role in planning and executing the successful opening of new retail locations in coordination with the Store Planning & Allocation team. Coordinate with real estate, construction, and operations teams to ensure a smooth launch.
Leverage retail planning software, data analytics tools, and technology to optimize planning processes, improve accuracy, and enhance decision-making.
Team Management: Provide leadership, mentorship, and guidance to the planning team. Bachelor's degree in Business, Economics, Math, Retail Management, or a related field
~5 years of experience in retail planning, inventory management, or related roles, with at least 3 years in a leadership capacity.
~ Strong analytical and problem-solving skills, with the ability to interpret complex data and translate it into actionable insights.
~ Proficiency in using retail planning software, data analytics tools, and Microsoft Office Suite.
~ Excellent communication, collaboration, and interpersonal skills to effectively interact with cross-functional teams and senior management.
~

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