VP, Merchandise Planning & Allocation
- Pacific Sunwear
- United States
- 15 year(s)
- Not Available
The Vice President of Inventory Management will report to the CFO and will be responsible for Merchandise Planning, Allocation and Store Planning for dual gender, multi-channel business with revenues of approximately $700M.
Providing functional expertise as a partner to Merchants, Operations, Finance, Company Planning, Store Operations, eCommerce and Marketing to achieve agreed upon financial targets
Developing and implementing strategies that maximize inventory performance.
Developing and managing seasonal and annual merchandise plans for sales, gross margins, and inventory; proactively identifying and implementing ways to improve performance diagnostics and providing early warning risks and opportunities.
Developing in-season sales trending, inventory forecasts and margin projections; managing weekly, monthly and quarterly Open-to-buy, Inventory and Receipt plans; proactively interfacing with department leadership as necessary to ensure creation of accurate, timely and insightful analysis.
Ensuring integrity of sales, inventory, markdown and promotional planning and forecasting.
Optimizing inventory flow to stores to maximize sales and gross margin in the stores and partnering closely with management to manage on-going inventory levels. Lead overhaul of allocation process to stores through new Allocation and Store Planning systems currently in assessment stage.
Analyzing current sales, inventory and margin trends, market data, benchmarking, as well as historical data to course correct in-season inventory to maximize margins; focusing team on action-based results versus simply reporting.
Assessing impact of price change and special events; assessing price position relative to top-line and margin realization in keeping with category positioning.
Partnering with IT to develop and execute a tactical plan to make necessary improvements to the current systems to achieve increased adoption, as well as introduce new process and tools.
Providing leadership, professional development, guidance and support to continually upgrade the performance of the Inventory Management teams.
15+ years of progressively responsible experience in inventory management, with the majority of that experience in a merchandise planning and allocation roles for companies with revenues >$500M.
Multi-unit retail experience required.
Proven ability to build strong business relationships at all levels throughout an organization.
Experience as a strategic thinker and the ability to effectively translate strategies into financial plans.
Demonstrated success at driving real sales growth versus simply maximizing risks; a track record of risk-taking and positively impacting sales and margin dollars.
We work hard & play hard at our gym/basketball/sand volleyball court/skate park! We indulge in froyo, massages, & our employee discount. Pac has a casual environment and we even bring dogs to work!