Sr. Manager, Replenishment

Macy’s is more than just a store. We’re a story that’s captured the hearts and minds of America for more than 160 years — a story about innovations and traditions, inspiring stores and irresistible products, the excitement of the Macy’s 4th of July Fireworks, and the wonder of the Thanksgiving Day Parade. We’ve been part of memorable moments and milestones for countless customers and colleagues.

About the role

The Senior Manager, Replenishment oversees inventory management, optimizing allocation and replenishment to ensure timely delivery of the correct products to each store at the SKU level. Utilizing rigorous analytics, the Senior Manager derives insights that serve as the central point of information for inventory-related queries. Proactively maximizing inventory productivity across channels and locations is a key responsibility. The Senior Manager provides strategic direction during both pre-season planning and in-season management processes.

Responsibilities

• Supervise the daily implementation of replenishment and allocation strategies for stores.
• Offer guidance on inventory strategies, such as hold & flow and multiple shipments, to align with the broader Category Strategy.
• Utilize analytical tools to boost sales, optimize inventory turnover, and reduce markdowns.
• Collaborate closely with Merchandise Planning, Assortment Planners, and Buyers to gather essential inputs for demand forecasting and inventory optimization.
• Provide strategic direction during Merchandise Financial Planning, addressing channel receipt plans, network strategy, capacity constraints, and throughput.
• Share flow recommendations with Assortment Planners during the pre-season.
• Create replenishment purchase orders, conduct in-season replenishment forecasting, identify inventory risks and opportunities, and monitor channel receipts.
• Foster an environment of acceptance and respect that strengthens relationships, and ensures authentic connections with colleagues, customers, and communities.
• Identify areas for improvement in allocation and replenishment processes, develop implementation plans, and oversee their execution.

Skills

• Analytical Aptitude: Strong analytical skills, including trend and pattern recognition, to drive data-driven decision-making. Proficient in utilizing rigorous analytics to derive actionable insights for inventory management decisions.
• Strategic Planning: Capable of providing strategic direction during pre-season planning and in-season management to align with broader organizational goals.
• Collaboration: Effective in collaborating with cross-functional teams to gather inputs for demand forecasting and inventory optimization.
• Communication: Strong ability to convey recommendations and insights to stakeholders through effective storytelling and presentations.
• Problem-Solving: Proficiency in identifying areas for improvement in allocation and replenishment processes and developing implementation plans.
• Forecasting Expertise: Experience in demand forecasting to anticipate product needs and optimize inventory levels.
• Optimization Techniques: Skilled in proactively maximizing inventory productivity across channels and locations through effective hold and flow strategies.
• Risk Management: Ability to manage risk and identify opportunities while ensuring optimal service levels.
• Independence: Demonstrated ability to work independently with minimal supervision, displaying self-reliance and initiative.
• Relationship Management: Proficient in managing relationships with key stakeholders to foster collaboration and alignment with organizational goals.

Qualifications

• Bachelor’s degree or equivalent work experience in a related field.
• 4+ years of Financial or Inventory Management experience.
• Ability to perform essential job functions such as communication, collaboration, and use of office and computer systems.
• Ability to access and review written and electronic information, and to move within the work environment and interact with workplace materials as needed to carry out job responsibilities.
• Able to work a flexible schedule based on department and company needs.

Benefits

• Comprehensive health and wellness coverage
• 401(k) match
• Paid time off and eight paid holidays
• Continuous learning and leadership development
• Colleague Resource Groups
• Volunteer opportunities
• Merchandise discounts
• Performance-based incentives
• Annual merit review
• Employee Assistance Program with mental health counseling and legal/financial advice
• Tuition reimbursement
• Medical, vision, dental, life, and disability insurance options
• PTO accruals

Eligibility for benefits may vary based on location, job level, classification, and length of employment. Additional details are available at macysJOBS.com.