Merchandise Planning Manager
2 weeks ago
Company Overview:
Vuori is revolutionizing the athletic apparel industry by creating clothing that is not only functional for movement and exercise but also stylish enough for everyday wear. Our designs are inspired by the vibrant coastal lifestyle of California, blending fitness, creativity, and life. We thrive in a dynamic retail environment that reflects our energetic culture, aiming to motivate individuals to embrace all aspects of their lives with enthusiasm and joy.
The DTC Merchandise Planning Manager will be instrumental in establishing a high-performing merchandise planning department. This role will oversee the development, communication, and execution of sales and inventory strategies aligned with the financial objectives of the company. The successful candidate will assist in formulating strategic merchandise plans and targets for key categories to enhance sales, optimize inventory levels, and boost profit margins through thorough analysis of historical sales data, current trends, and future projections.
Key Responsibilities:- Oversee the open-to-buy and inventory management across all divisions, identifying opportunities for profit enhancement.
- Support long-term forecasting efforts in collaboration with Merchandising and Production teams.
- Collaborate with Finance, Development, and Merchandising on critical margin improvement initiatives.
- Lead and manage the Merchandise Planning team, ensuring effective execution of line plans, adjustments, and management of sales, inventory, markdowns, and promotional strategies.
- Utilize strong product knowledge to influence product assortments and partner with divisional leaders on investment strategies that drive business growth.
- Present performance analyses during weekly and monthly milestone meetings.
- Summarize performance metrics against plans at class and attribute levels, proposing actionable insights.
- Identify business opportunities and risks related to the current financial status.
- Ensure alignment of financial strategies with budgetary and profit goals.
- Engage with various departments including Production, Product Development, Allocation, Merchandising, and Finance.
- Minimum of 5 years of analytical experience in merchandise planning or inventory management.
- Proven track record of initiative, particularly in cross-departmental collaboration with merchandising, production, finance, and marketing.
- Possess a diverse skill set, including strong Planning and Allocation, Category Management, analytical capabilities, sound business judgment, and a keen interest in operational mechanics.
- Familiarity with Retail Metrics (Sales, Inventory, Sell Through, Weeks of Supply, Trend-based forecasting, revenue, and margin) and the ability to create scenario plans to inform enterprise decisions.
- Adept at leveraging data to inform decision-making processes.
- Comfortable with ambiguity and passionate about developing innovative tools, demonstrating a history of creative problem-solving to enhance processes.
Salary Range: $125,000-$140,000/year
Benefits Include:
- Health Insurance
- Paid Time Off
- Employee Discount
- 401(k)
All information will be kept confidential in accordance with EEO guidelines.
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