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Merchandise Planning Manager

4 months ago

Vista, United States Thirty Three Threads Full time

Our Mission

Thirty Three Threads was born on the 33rd parallel. It echoes the spirit of the active lifestyle so intrinsic to San Diego, our home, and it is here that our story comes to life. Our brands: Tavi, ToeSox, Base33 and Vooray all reflect this synergy, although each step boldly with its own unique personality.

We define new trends in the studio and beyond, driven by our customers desire to continually enhance their practice. And, we dedicate our days to innovating and creating high performance and premium, quality products that allow them to lead the active lifestyle they choose with style they love. We invite you to join our journey.

About Us

Founded in 2004, Thirty-Three Threads is an industry leader in high performance, fashionable premium apparel, socks and accessories for the global boutique fitness market and beyond. Our brands and products are known as best-in-class in quality, design, style and functionality.

This position requires candidates to live within commuting distance of headquarters in Vista, CA, and requires on site attendance 2-3 days per week including Tuesdays and Wednesdays. The compensation for the role is $105,000 to $115,000 base salary and up to $10,000 annual bonus.

Summary:

The Global Merchandising Manager will build, develop and maintain the merchandising program for 33 Threads brands to include sales and inventory strategies that meet the needs and goals of the business. This individual is responsible for supporting the team with developing strategic merchandise plans and targets for key categories to maximize sales, optimize inventory, and increase margin through the analysis of historical sales trends, current in-season patterns, and future forecasts. This role is responsible for inventory planning, category management, analytics, and cross functional collaboration of such processes.

Duties and Responsibilities:

Planning:

  • Develop a comprehensive merchandise planning strategy, forecasting and reporting by category, franchise, and SKU based on selling and bookings data, customer analytics, category dynamics and market conditions.
  • Partner with Sales and Marketing Management to set a clear direction for the Thirty Three Threads product plan that aligns with design, regional sales strategies, and financial targets.
  • Develop and execute an overall product strategy that maximizes profits, provides a consistent consumer experience and demonstrates highest quality of product offering possible.
  • Create momentum across all sales channels through working with creative team to develop new product innovations and marketing leading designs.
  • Conceive and create new thoughts and ideas pertaining to maximizing revenue and through product innovation.
  • Own overall seasonal product line architecture, assortment plans and lifecycle plans, ensuring that the line plan is built to support key category growth initiatives.
  • Partner with Global Business Units to ensure the creation of product that meets channel needs/targeted line architecture and pricing requirements.
  • Drive presentation of seasonal architecture to global sales, marketing, product teams along with insights and commercial input that align to brand positioning and vision.
  • Own the overall process of briefing margin appropriate products and/or special programs based on specific market needs that incorporate customer insights, consumer trends, competitive activities, market intelligence and the global distribution strategy.
  • Oversee all information related to products including but not limited to price points, forecasts, and introduction/launch dates.
  • Responsible for working with sales to meet with and solicit needs information from key account.
  • Deliver channel/marketplace insights to all relevant stakeholders (Wholesale, Retail, Global Business Units, Global Merchandising, Marketing and Finance) to ensure that product needs are met and proper go-to-market activities can be executed.
  • Travel the market to gain insight on current trends, consumer behaviors and channel opportunities.
  • Work with sales, operations, and finance to own product forecasting and purchases.
  • Own seasonal and annual Merchandising plans that align with overall financial and sales budgets.
  • Ensure SKU efficiency and sample expenditures meet regional guidelines and parameters.
  • Serve as product expert internally and externally.
  • Drive seasonal sales meeting pre-line process to collect insight, brief additional needs and adjust seasonal assortment plans as needed.
  • Collaborate with sales to identify needs as related to assortment plans and product flow to maximize wins for the brand and the customer.
  • Educate the Sales force on seasonal merchandising strategies and product.
  • Work closely with Planning and Operations counterparts to share information regarding financial targets, functional milestones and account planning, forecasting and performance.
  • Collaborate with Marketing to align on seasonal stories and go-to-market plans
  • Work cross-functionally to ensure that the go-to-market process runs smoothly. Duties include but are not limited to: Participation and/or Merchandising leadership in account meetings and presentations, seasonal sales meeting/launch participation, presentation and set up, Own the development of necessary sales and account meeting presentation materials. Quickly execute agreed upon post-meeting action items including product briefs and forecasting execution.
  • Partner with Production and Raw Material Planning teams to review pre-season key programs and fabric platforming to ensure never-out-of-stock on core essentials and on-time delivery to accounts.
  • Create and maintain visual merchandising standards across the division.

Reporting

  • Provide both qualitative and quantitative insights at seasonal hindsight and investment reviews, drawing conclusions to inform future product line architecture.
  • Provide analysis, business reports, and qualitative and actionable feedback and recommendations to senior leadership, including contributions to quarterly hindsight and investment reviews.
  • Review ongoing sell-through analysis to assess trends and needs while ensuring fast decision making.
  • Other duties as assigned

Knowledge, Skills and Abilities Required:

  • High level attention to details
  • Self-motivated individual who is creative, detail-oriented, and has a passion for fashion
  • Ability to work well in a team environment
  • Excellent written and verbal communication skills

Minimum Job Requirements:

  • 5 years of analytical experience in merchandise planning or inventory management
  • 5 years working in apparel, bags or accessories industry
  • Demonstrated analytical skills and business acumen, including elements of markup, margin planning, selling and inventory productivity measures.
  • Demonstrated retail math and business acumen, including elements of markup, margin planning, selling and inventory productivity measures.
  • Ability to use a PC, Internet Explorer and Microsoft Office

Benefits

  • Hybrid work setting
  • Wellness focused work environment, casual/lifestyle apparel work attire, one hour paid fitness time per week.
  • Headquarter office includes - on site gym, rising desks, on site work out classes
  • Extensive Paid Time Off Program - PTO, Sick, 10.5 paid holidays, additional incentivized Floating Holidays, Summer Half Days, additional incentivized paid time off.
  • 401(k) match of 100% up to 4% of annual salary
  • Paid Community Service Time
  • Dog Friendly
  • Generous apparel stipend

If you are a qualified individual with a disability or a disabled veteran, you may request a reasonable accommodation if you are unable or limited in your ability to access job openings or apply for a job on this site as a result of your disability. You can request reasonable accommodations by contacting Human Resources at Thirty Three Threads.