Hybrid Director of Merchandise Planning – Production

at Richemont

• Job title: Director of Merchandise Planning – Production
• Job type: Full Time
• Experience level: Lead
• Salary: Not specified
• Degree requirement: No Education Requirement
• Tech skills: React
• Location requirements: Hybrid, London, United Kingdom

About the role

• Director overseeing International Supply Chain for Richemont, ensuring production orders and logistics are met. Collaborating with various teams to maintain inventory and reporting targets.

Responsibilities

• Develop and forecast supply plans by brand (Peter Millar and G/FORE) and product category to support the demand plans.
• Manage inventory reporting for all channels; establish regular review of KPIs – turn, sell-thru and inventory – and react to changes in demand and logistics.
• Own full lifecycle of products including season code maintenance, aging and disposal via donation/closeout.
• Coordinate closeouts with International and Domestic teams.
• Maintain oversight on all freight purchases while maintaining annual freight budgets.
• Oversee growth and development of personnel within the Supply Chain team.
• Identify opportunities to maximize throughput at vendors.
• Build monthly production plans out 24-36 months to combine with US plans.
• Build monthly inbound receipt plans with operations to optimize flow of goods (inbound+outbound).
• Direct logistics on flow of goods to maximize ATS, bringing forward key styles to maximize allocation conversion.
• Level load receipts to maintain internal activity drivers.
• Build framework and tools for line scheduling as input to the supply plan and collaborate with production to turn this on in key suppliers.
• Communicate International needs to Line Review Director(s) and Merchant(s) to inform total company SKU plan development needs.
• Work with sales teams regarding inventory callouts, event needs, and assortment concerns to advise strategy.
• Ensure alignment of merchandise buy plans, budgets, sales/margin forecasts, and other business goals to achieve financial targets.
• Develop and forecast seasonal sales for DTC, Wholesale and Distributor channels and present to management for approval prior to placing factory orders.
• Establish the open-to-buy plan at the product category, style and SKU level.
• Maintain weekly reviews of current season and future season open to sell units, monitor when inventory is running low and identify reorder opportunities.
• Oversee adoption of new technology tools / systems on the international team.
• Proactively communicate to sales team on seasonal sales and inventory strategy, and gain feedback for buys and future season planning.
• Propose strategies to drive product sell-thru in order to maximize profitability on the life of an item or product category.

Requirements

• Extremely proficient with Microsoft Excel
• Apparel knowledge and luxury brand experience is strongly preferred
• Strong inventory planning experience – preferably with a consumer brand
• Solid in-bound logistics planning & production experience
• Knowledge of forecasting software related to demand & supply planning is a plus
• Analytical with an ability to balance financial targets with qualitative business goals
• Ability to adapt to highly entrepreneurial, fast-paced environment while maintaining a high level of accuracy and accountability
• Proven track record of continuous improvement in business practices
• Exceptional communication skills and time management
• Ability to lead teams and develop teammates
• Ability to solve problems and manage multiple projects and meet deadlines

Benefits

• Health insurance
• Professional development opportunities