What are the responsibilities and job description for the Senior Associate, Planning (Socks) position at Bombas?
Job Title :
Senior Associate, Planning (Socks)
About Bombas :
Bombas is a comfort focused premium basics brand with a mission to help those in need. The company launched in 2013, after the founders learned that socks are the #1 most requested clothing item at homeless shelters. From there, they set out to solve that problem, donating a pair of socks for every pair they sell. How do you donate a lot of socks? You sell a lot. And how do you sell a lot? You make the most comfortable socks in the history of feet. Millions of pairs sold and donated later, Bombas has continued to innovate within its mission and product, introducing new socks, as well as underwear and t-shirts, the #2 and #3 most requested clothing items at homeless shelters, all while continuing to make a positive impact on the community where we all work and live.
Click here to see what it's like to work inside the Bombas Hive!
The word Bombas is derived from the Latin word for bumblebees. Bees work together to make their hive a better place. At Bombas, we're inspired by that. We know it's the collective efforts of our team that keeps the Hive alive and strong - a team that is diverse and inclusive. Different perspectives strengthen our ability to make the most comfortable versions of the products people wear closest to their bodies every day and to serve the communities where we all work and live. We are committed to continuously building a Hive where all are welcomed, seen, and heard regardless of age, color, ethnicity, gender, gender identity, genetics, physical or mental ability, protected veteran, status, race, religion and sexual orientation. As a team, we will strive to create room for different experiences and empower all voices.
Based on the specific needs and job requirements, this role will be working out of our Bombas HQ in New York City (Tues- Thurs).
About the Job :
We are looking for a driven team player to join our Planning Team as our Senior Associate Planner focusing on Socks, reporting directly to our Senior Planning Manager. The ideal candidate has 3-5 years of experience in retail planning / buying.This is an opportunity to provide solutions to complex problems and support long-term strategy in a fast paced, exciting environment.
What you'll be responsible for :
- Analyzing and reporting sales to plan on a weekly, monthly and quarterly basis to identify business opportunities and risks with clear next steps
- Forecasting in-season sales and inventories in order to provide ideas and solutions to drive topline revenue
- Placing seasonal buys four times a year with the Go To Market calendar and presenting reasoning to the Product team and executives
- Providing accurate projections and forecasts pre-season and in-season
- Long term (18 Months) inventory strategy with a clear point of view to drive financial goals (sales, margin, product mix) that align with business objectives.
- Tracking incoming POs and communicating risks with solutions across cross functional teams to ensure smooth launches
- Partnering with Marketing teams to drive business relative to organizational goals
- Forming strong working relationships with Merchandising & Site Merchandising teams
- Collaborating with the Wholesale team to minimize excess inventory and maximize rev opportunities
What we'll love about you :
What you'll love about us :
What you'll bring :
Bombas is committed to delivering competitive and equitable pay for our employees.
Each component of the Bombas total rewards package, including benefits and pay, is aimed at contributing to an environment where team members have resources to manage their lives and are enabled to focus on doing their best work.
The pay range for this position at the start of employment is expected to be between $70,000 and $80,000 / year . However, the base pay offered may vary depending on multiple factors, including job-related knowledge, skills, experience, market factors, and business need.
The Bombas total rewards package offered for this position may also include other elements, such as annual bonus and equity target award opportunities as well as medical, financial, and well-being benefits. Additional details of these benefits will be provided if a candidate receives an offer of employment.
If hired, the position is "at-will" and the Company reserves the right to modify any component, plan, or program of the total rewards package at any time, for any reason.
If you require reasonable accommodation in completing this application, interviewing, completing any employment testing, or otherwise participating in this hiring process, please direct your inquiries to our Manager, Talent Acquisition at torrey.salter@bombas.com Only requests related to accommodations will be responded to.
Salary : $70,000 - $80,000
