Tory Burch Planner, RFNA

About the Role

The Planner, Retail Planning at Tory Burch is responsible for analyzing and forecasting the business for our North America Retail channel through strategic merchandise planning, controlled inventory management, and actionable reporting and insights. This individual maintains the monthly divisional OTB for select categories and is able to speak to both pre-season and in-season plans. To excel, this person must have excellent retail math and analytical skills, established planning experience, creative problem-solving skills, and enjoy working in a fast-paced, collaborative environment.

Responsibilities

• Merchandise Financial Planning and Inventory Management:
  • Maintain monthly and yearly OTB, including reforecasting sales, margin, receipts, and inventory.
  • Review plans and forecasts, identify risks and opportunities, and drive action plans.
  • Communicate the state of the business in weekly meetings and monthly OTB meetings.
  • Recommend strategic actions to maximize sales & margin, optimize inventory, and mitigate risk.
  • Ensure that on-order and committed receipts are delivering on time to support forecasts.
  • Recommend "chasing" or "reflowing" receipts as appropriate.
• Assortment Planning:
  • Pre-Season:
    • Create annualized financial plans for select categories (including sales, gross margin, receipt, and inventory targets) that ladder up to the merchandise financial plan.
    • Manage Buy Tools and the completion of the buys in collaboration with the buying team.
    • Ensure Key Item plans are factored into the assortment.
    • Work with the buying team to ensure the final assortment supports sales based on hindsights and that inventory buys are appropriate to deliver sales and sell-thru targets, including during key ecommerce event periods.
  • In-Season:
    • Review and manage Key Item planners weekly. Communicate demand requirements to corporate merch planning and production based on the buy calendar.
    • Report out on Key Item performance/trends in weekly business meetings.
    • Collaborate with buying to understand stock needs in fashion best sellers and key marketing messages.
• Business Management / Reporting and Analysis:
  • Prepare for key promotional and seasonal periods by ensuring sufficient stock levels overall and in expected best sellers. Analyze event performance to Forecast/LY and communicate results.
  • Review pricing and MD analysis in conjunction with Buying. Support price change and decisions on promotional strategies.
  • Analyze sales and inventory reports and develop strategies to achieve Plan.
  • Complete specific analysis to support the buy process, i.e., size-level analysis.

Qualifications

• Bachelor's Degree
• Proficient in Microsoft Office, including Excel and PowerPoint
• 4+ years of experience working in a planning or finance-related field
• Experience with planning and business reporting applications a plus
• Prior experience in ecommerce highly desired
• Excellent communication skills
• Strong analytical skills paired with strategic business acumen
• Detail-oriented, results-driven, highly motivated, and entrepreneurial
• Strong organizational skills and excellent communication skills

Pay

The compensation range for this position is $105,000.00 USD - $135,000.00 USD. Our offer will be based on your relevant experience and work location.

Benefits

We offer a generous set of benefits to help you take care of your health, create financial security, and achieve wellness in all areas of your life. Here are highlights of key benefits available to all eligible Tory Burch team members.

Life @ToryBurch

Life @ToryBurch is special because we are a global, purpose-led company on an exciting growth journey with an amazing culture and great benefits. Our culture is welcoming and inclusive—everyone is empowered to make a difference. We have the best team in the world and believe in paying competitively and rewarding high performance. Your overall well-being is important to us; we offer generous benefits to help you take care of your mental and physical health, create financial security, and achieve wellness in all areas of your life. You'll receive a generous employee discount and access to exclusive sample sales. We are invested in your professional growth—you'll have access to free executive coaching on-demand. We believe in the importance of giving back, and you'll have many opportunities to do just that through the Tory Burch Foundation and paid volunteer days.

How We Work Together

• Adaptable - We change before we have to
• Entrepreneurial - We own it
• Collaborative - There's no "I" in Tory
• Client & Brand Focused - We put ourselves in Tory's shoes
• Live the Values - We show up for each other
• Functional Expertise - We're constantly learning and growing

#TeamTory Values

We show up with honesty & kindness, act with integrity & compassion, work with passion & humility, and lead with excellence & humor.