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The Planner is responsible for developing implementing and communicating strategic merchandise financial plans for the Calvin Klein OmniChannel and driving business to meet the divisions financial merchandising and marketing objectives.
Responsibilities:
Accountabilities:
- Develop implement and communicate strategic merchandise financial plans that support the companys financial product and marketing objectives
- Strategically drive the business in order to enhance sales and margin and optimize inventory
- Contribute to the development of Brand initiatives and ensure that all planning activities support annual goals
Key Responsibilities:
Build strategic financial plans that support the companys objectives and brand goals.
- At a Department & Product Segmentation level develop sales gross margin and inventory plans that support the companys profit objectives. Collaborate with merchandising to ensure that financial objectives align with product opportunities
- Guide the merchandising team using 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
- Provide guidance on key/peak weeks
- Help build and handle the budget for area of responsibility and ensure we are meeting our sales GM and inventory targets
- Must be able to make decisions quickly in a constantly evolving environment; partner cross functionally with crossfunctional team. Identify risks and opportunities relative to sales trends on product flow and presentation
- Must be flexible to adapt to changing trends of business and/or ad hoc projects and be detail orientated
Weekly Business Management:
- Provide updated weekly forecasts to merchandising team detailing category opportunities and risks recommending markdowns and reflowing inventory as needed. Ensure that all decisions are based on historical data and/or current trends
- Present action points to cross functional teams and senior management and gain consensus on business
- Manage seasonal liabilities inventory by source and recommend reflow of new deliveries as needed
Owner of the Open to Buy Process and Meetings:
- Partner with merchandising visual and marketing to develop 90 day forecast for sales margin and inventory
- Develop analytics to support business approach including source delivery and season forecasts
- Premeet with divisional leadership to gain consensus prior to monthly strategic meeting
- Lead and direct the monthly forecast meeting providing guidance to business leaders and finance
- Recommend strategic actions to enhance sales and margin optimize inventory and mitigate risk
- Collaborate with the field organization visual marketing and other critical partners to ensure of strategies
- Lead the receipt reconciliation process with merchant team. Ensure that on order and committed receipts are delivering in time to support forecasts. Identify risks and drive action plans to manage. Recommend chasing or reflowing receipts as appropriate
Pre Season Planning Process:
- Review historical performance at the department and program item level. Present analysis by source delivery and category to merchants to understand prior performance and develop future goals
- Preseason create department category and item plans to support the development of the line
- Provide receipt plans margin and IMU goals and flow strategies to merchants to drive assortment
- Review and reconcile assortments with inventory planners to ensure appropriate breadth and depth and detailed . Provide guidance on store clusters and alpha ranks
- Lead and facilitate buy finalization meeting with merchant. Present preseason plans that support new assortment. Identify risks and opportunities relative to product flow and presentation. Highlight changes to store clusters and distribution strategies relative to last year or prior buys
- Gain consensus on assortment and plans from senior management. Lock plans seasonally and ensure that any reforecasting of sales margin or inventory (based on changes in trends) is reflected as new assortments are delivered
Qualifications:
- 4year degree; advanced degree a plus
- Minimum 23 years merchandise planning experience; 5 or more years of total work experience
- Proven experience
- Communicating and recommending strategies and building a business case
- Strategic forecasting for a multidimensional business
- Assuming additional areas of accountability optimally
- Influencing and negotiating at a variety of levels
- Welldeveloped written and verbal communication skills including communicating sophisticated material in an organized and compelling manner
- Proficient in planning and allocation systems as well as sophisticated Microsoft windows applications
- Analytical/Math Skills
- Project Management
- Strategic Forecasting & Financial Planning
This position is not eligible for sponsorship.
Pay Range:$80150 $93150
PVH currently provides base salary ranges for all positionson job advertisementsin the United States based on local requirements. These ranges are based on what PVH reasonably believes that it will pay an associate for their base salary for said position at the time of the posting. Individual compensation will ultimately be determined based on a variety of relevant factors including butnot limited to qualifications geographic location and other relevant skills. PVH is committed to providing a marketcompetitive total rewards package to eligible associates which includes diverse and robust health and insurance benefits to meet the varied needs of our associates and an abovemarket 401(k) contribution to help our associates save for retirement. We also offer career growth opportunities empowering our associates to design their future at PVH.
Additional Compensation: This role is bonus eligible.
Your Wellbeing is Our Priority
At PVH we offer competitive costeffective and comprehensive benefit packages. We strive to provide options when it comes to your health finances and worklife balance. This includes:
Pay & Insurance: Competitive pay bonus programs best in class medical insurance vision insurance dental insurance life insurance disability insurance and more.
401(k): An abovemarket 401(k) contribution to help our eligible associates save for retirement.
Flexible Workplace: Generous companypaid holidays paid time off hybrid working arrangements volunteer opportunities seasonal hours and flexible work schedules.
Wellbeing Support: A variety of wellbeing tools and programs such as Headspace membership reimbursement for fitness memberships and/or digital meditation subscriptions and the opportunity to earn up to $200 a year in rewards for exercising and participating in healthy activities.
Services: Access to services for childcare elder care adoption preparation pet care plus reimbursement for backup care when your regular plans fall through.
Education Assistance: Receive support for continued education including tuition reimbursement.
Associate Discount: Shop at our company outlets and ecommerce sites at a discount.
Please note eligibility depends on employment status location and length of time employed with PVH and our benefits may be subject to change. Applications will be accepted on a rolling basis until the position is filled.
About PVH:
We are brand builders who focus our passion and creativity to build Calvin Klein and TOMMY HILFIGER into the most desirable lifestyle brands in the world and at the same time position PVH as one of the bestperforming brand groups in our sector. Guided by our values and enabled by our scale and global reach we are driving fashion forward for good as one team with one vision and one plan. Thats the Power of Us thats the Power of PVH.
One of PVHs greatest strengths is our people. Our collective desire is to create a workplace environment where every individual is valued and every voice is heard and we are committed to fostering an inclusive and diverse community of associates with a strong sense of belonging. Learn more about our commitments to Inclusion & Diversity here.
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 without regard to race ethnicity color sex gender identity or expression age religion 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 is also committed to ensuring that all current and future PVH associates are compensated solely on jobrelated 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 applicants 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.