Planning Manager - CALVIN KLEIN

Profile

POSITION SUMMARY:  The Planning Manager will lead their Planning team and will be responsible for developing, executing and communicating strategic merchandise financial plans that support the company’s financial, product, and marketing objectives.PRIMARY RESPONSIBILITIES/ACCOUNTABILITIES OF THE JOB:  Financial PlanningCreate strategic financial plans that support the company’s objectives and brand goals.Strategically drive the business in order to maximize sales and margin, and optimize inventory.Contribute to the development of Brand initiatives ensuring that all planning activities support annual goals.Develop sales, gross margin, and inventory plans that support the company’s profit objectives. Collaborate with merchandising to ensure that financial objectives align with product opportunities.Guide the merchandising team, utilizing historical data and current trends, to capitalize on new opportunities, and identify risks.  Communicate opportunities and risks to key business partners including merchandising, finance, marketing, visual, and brand leaders.Build and maintain a strategic promotional calendar, in partnership with merchandising and marketing proactively providing guidance on key/peak weeks and ensuring promotions support or enhance financial objectives.Weekly Business ManagementMeet with planners to understand weekly forecasts, category opportunities and risks, markdown recommendations, and reflowing of inventory.  Ensure that all decisions are based on historical data and/or current trends and collect information to create global action plans.Present “action points” to senior management and gain consensus on business approach.Manage seasonal liabilities, inventory by source, and delivery performance at a divisional level.  Guide planners to tactically manage liabilities and drive opportunities.Propose promotional price changes to manage inventory and drive sales and profitability.Review and Prepare Monthly Open to BuyReview Division 90 day forecasts with a focus on maximizing profit, optimizing inventory, and managing risk across departments. Challenge the team to incorporate marketing, markdown, and inventory management plans to exploit business prospects. Premeet with divisional leadership to gain consensus prior to monthly OTB meeting.  Lead and direct the monthly OTB meeting providing guidance to business leaders and finance.  Understand the impact of the current 90 day forecast on the balance of the year.  Focus on long range action plans in order to exceed corporate plans.Program PlanningReview historical performance at the category and key item level.  Understand and validate analysis by source, delivery, and category to merchants to understand prior performance and develop future goals. Pre-season: create divisional and departmental plans to support the development of the line.Set sales, margin, flow, and IMU goals prior to the planning of each delivery.  Reconcile tops down and bottom up forecasts prior to the passing of receipts to the merchant organization.Participate in buy review with merchants, planners and associate planners and ensure that buys align to strategy and financial plans.Lead and facilitate buy finalization meeting with DMM.  Review pre-season plans that support new assortment.  Identify risks and opportunities relative to product, flow, and presentation. Gain consensus on assortment and plans from senior management.  Manage the locking process for seasonal plans.  Forecast seasonal and source plans to validate key metrics. Managing and Developing Talent:Partner with lead merchants to create a dynamic team environment that encourages collaboration and creativity within the business unit.Identify top talent and infuse new bench strength within organization to support succession planning.Train, develop, and manage direct reports to support succession planning initiatives.  Offer consistent and timely feedback to direct reports.Assess talent in order to provide “stretch” opportunities for current staff and provide them with opportunities to learn new skillsQUALIFICATIONS & EXPERIENCE:Experience:   Minimum 4-5 years merchandise planning experience; 7 or more years of total work experienceE-Commerce experience requiredDemonstrated experiencePresenting and recommending strategies and building a business caseLeading and developing a team of at least 1-2 direct reportsStrategic forecasting for a multidimensional businessAssuming additional areas of accountability successfullyInfluencing and negotiating at a variety of levelsWell-developed written and verbal communication skills including presenting complex material in an organized and compelling mannerWell-versed in planning and allocation systems, as well as advanced Microsoft windows applications.                                            Education:   4-year degree; advanced degree a plusSkills:  Analytical/Math Skills                                               Project Management                                              Strategic Forecasting & Financial PlanningInternal:   Planning Team, Merchant team, Store Operations and Communications, Visual, Marketing      External:  N/ASUPERVISORY RESPONSIBILITIES:Direct:  1 Planner – 1 Planning Assistant           Indirect: NABUDGETARY RESPONSIBILITIES:  Responsible for OTB Receipt, Sales and Gross MarginInventory ManagementAssist Director with financial budget process           DECISION MAKING:  Provides strategic pricing recommendations to maximize profit and sales and minimize markdownsProvides allocation and replenishment guidanceRESOURCEFULNESS/CREATIVITY:  Must make decisions quickly, and bring innovation and creativity to new processes when warranted.ENVIRONMENT:Extremely fast-paced corporate environment and deadline driven PVH Corp. or its subsidiary (\PVH\) is an equal opportunity employer and considers all applicants for employment on the basis of their individual capabilities and qualifications, consistent with applicable law and without regard to race, color, sex, gender identity or expression, age, religion, creed, national origin, citizenship status, sexual orientation, genetic information, physical or mental disability, military status or any other characteristic protected under federal, state or local law. In addition to complying with all applicable laws, PVH also has a strong corporate commitment to inclusion, diversity and to ensuring that all current and future PVH associates are compensated solely on job-related factors such as skill, ability, educational background, work quality, experience and potential. To achieve these goals, across the United States and its territories, PVH prohibits any PVH employee, agent or representative from requesting or otherwise considering any job applicant’s current or prior wages, salary or other compensation information in connection with the hiring process. Accordingly, applicants are asked not to disclose this salary history information to PVH,title:Planning Manager - CALVIN KLEIN,datePosted:2021-02-03T00:00:00.000 0000,@context:http://schema.org,occupationalCategory:Merchandising,educationRequirements:Education: 4-year degree; advanced degree a plus. ,experienceRequirements:Minimum 4-5 years merchandise planning experience; 7 or more years of total work experience. ,responsibilities: POSITION SUMMARY: The Planning Manager will lead their Planning team and will be responsible for developing, executing and communicating strategic merchandise financial plans that support the company’s financial, product, and marketing objectives. Financial PlanningCreate strategic financial plans that support the company Strategically drive the business in order to maximize sales and margin, and optimize inventory. Contribute to the development of Brand initiatives ensuring that all planning activities support annual goals. Develop sales, gross margin, and inventory plans that support the company’s profit objectives. Collaborate with merchandising to ensure that financial objectives align with product opportunities. Guide the merchandising team, utilizing historical data and current trends, to capitalize on new opportunities, and identify risks. Communicate opportunities and risks to key business partners including merchandising, finance, marketing, visual, and brand leaders. Build and maintain a strategic promotional calendar, in partnership with merchandising and marketing proactively providing guidance on key/peak weeks and ensuring promotions support or enhance financial objectives. Meet with planners to understand weekly forecasts, category opportunities and risks, markdown recommendations, and reflowing of inventory. Ensure that all decisions are based on historical data and/or current trends and collect information to create global action plans. Present “action points” to senior management and gain consensus on business approach. Manage seasonal liabilities, inventory by source, and delivery performance at a divisional level. Guide planners to tactically manage liabilities and drive opportunities. Propose promotional price changes to manage inventory and drive sales and profitability. Review and Prepare Monthly Open to BuyReview Division 90 day forecasts with a focus on maximizing profit, optimizing inventory, and managing risk across departments. Challenge the team to incorporate marketing, markdown, and inventory management plans to exploit business prospects. Premeet with divisional leadership to gain consensus prior to monthly OTB meeting. Lead and direct the monthly OTB meeting providing guidance to business leaders and finance. Understand the impact of the current 90 day forecast on the balance of the year. Focus on long range action plans in order to exceed corporate plans. Program PlanningReview historical performance at the category and key item level. Understand and validate analysis by source, delivery, and category to merchants to understand prior performance and develop future goals. Pre-season: create divisional and departmental plans to support the development of the line. Set sales, margin, flow, and IMU goals prior to the planning of each delivery. Reconcile tops down and bottom up forecasts prior to the passing of receipts to the merchant organization. Participate in buy review with merchants, planners and associate planners and ensure that buys align to strategy and financial plans. Lead and facilitate buy finalization meeting with DMM. Review pre-season plans that support new assortment. Identify risks and opportunities relative to product, flow, and presentation. Gain consensus on assortment and plans from senior management. Manage the locking process for seasonal plans. Forecast seasonal and source plans to validate key metrics. Managing and Developing Talent: Partner with lead merchants to create a dynamic team environment that encourages collaboration and creativity within the business unit. Identify top talent and infuse new bench strength within organization to support succession planning. Train, develop, and manage direct reports to support succession planning initiatives. Offer consistent and timely feedback to direct reports. Assess talent in order to provide “stretch” opportunities for current staff and provide them with opportunities to learn new skills. Demonstrated experiencePresenting and recommending strategies and building a business case. Leading and developing a team of at least 1-2 direct reports. Assuming additional areas of accountability successfully. Project Management . Strategic Forecasting & Financial Planning. Planning Team, Merchant team, Store Operations and Communications, Visual, Marketing. Responsible for OTB Receipt, Sales and Gross Margin. Assist Director with financial budget process. Provides strategic pricing recommendations to maximize profit and sales and minimize markdowns. Provides allocation and replenishment guidance. ,skills:delivery performance, forecasts, senior management, financial planning, organized, succession planning, consistent, financial budget process, leaders, inventory management, key metrics, math, leadership, math skills, finance, merchandise planning, resourcefulness, verbal communication skills, strategic pricing, communications, accountability, planning, analytical, decision making, marketing, sales, developing talent, strategic forecasting, e-commerce, budget process, project management, Demand Planning Manager, Demand Planning Analyst, Category Manager, Supply Chain Planning Manager, Demand Manager, Director of Distribution, Sourcing Manager, Senior Demand Planner Analyst, Forecasting Supervisor, Director of Pricing Operations} Planning Manager - CALVIN KLEIN in New York, New York, United States of America | Merchandising at PVH

Company info

PVH Corp
Website : http://www.pvh.com/