What are the responsibilities and job description for the Senior Planner - Women's position at vineyard vines?
Senior Planner, Women's
About us:
vineyard vines is a highly successful, privately held, American clothing and accessory retailer founded in 1998 on Martha’s Vineyard by brothers, Shep & Ian Murray. With Shep & Ian still at the helm today, vineyard vines has experienced exponential year over year growth and now operates over 120 retail locations including an outlet division, a successful e-commerce business, domestic distribution center, and expanding corporate headquarters. In addition, vineyard vines is carried in major department stores such as Nordstrom and Bloomingdales as well as numerous specialty boutiques across the US.
vineyard vines was founded on a state of mind that Every day should feel this good.
You don’t need to be on a beach, by the ocean or on vacation to have Every day should feel this good moments. It’s a state of mind that we all experience, and one where everyone is invited. At vineyard vines, we don’t just live an #EDSFTG life away from our desks—we bring it to work with us, too.
In our stores, at our Harbor Drive headquarters or working remotely, our company culture is fun, encouraging and welcoming to all. We work hard and play harder, and we never take ourselves too seriously. And while we have many company goals, our number one priority is making vineyard vines a great place to work for all employees.
Our team is our family, and we’d never have grown to where we are today without them.
We’re committed to building an inclusive team across all channels, departments and stores within our community. We hope you’ll join us and see what the smiling pink whale is all about
Overview:
The Senior Planner is responsible for developing and driving vineyard vines revenue targets and merchandise financial plans to maximize sales and profitability. This role will manage an open-to-buy for both our retail stores & ecommerse. This role will collaborate closely with many cross-functional teams, merchants, finance and production teams on pre-season and in-season business planning. The ability to analyze the business from both a macro perspective as well as style/color/size level is critical.
This position contributes to the overall success of Vineyard Vines. We are looking to hire a well-organized, talented and enthusiastic candidate to join our team. This candidate should be proactive in their approach, look for opportunities to improve upon existing structures and find creative ways to utilize best practices.
Key Responsibilities:
- Independently develop, execute, and communicate financial merchandise plans (Open to Buy) and strategies to support company merchandising, marketing, and financial objectives.
- Communicate financial results, forecasts, and action plans to management and cross-functional team on a weekly basis
- Analyze historical data and current trends to identify risks and opportunities by department and category
- Provide hindsight analysis and partner with merchandising on future product positioning and opportunities
- Present financial forecast and supporting action plans in monthly open to buy meetings
- Partner with omni teams to move residual inventory
- Manage basic inventory levels and forecast replenishment buys to support sales forecast
- Create pre-season plans at department level including all financial components
- Create unit buys at the sku level and manage product selling life
- Create long term forecasts by class to inform factory capacity planning
- Propose and execute markdowns based on MFO assortment life cycle
- Demonstrates the ability to carefully listen to others at all levels in the organization
- Strong time management, prioritization, and organizational skills
- Understands and adheres to all policies related to the organization
- Take on ad-hoc projects as needed
What You Bring:
- Bachelor's degree or equivalent experience
- Prior experience managing Open to Buy and speaking in monthly forecasts to senior management and cross-functional partners
- 5 years of dedicated planning experience, and managing an OTB
- Proficient with Microsoft Excel- Pivot tables, ylookups, index match, etc.
- Possess a clear understanding of financial measurements: sales, gross margin, weeks of supply, inventory turn, sell thru, etc. and how to impact them
- Knowledge and experience with analyzing large data sets
- Ability to negotiate with and influence peers, members of a cross-functional team, and management
- Strong interpersonal communication
- Flexible and adaptive to changing priorities
- Organizational and time management skills are essential as well as the ability to multi-task and work on multiple projects simultaneously to meet deadlines
- Team focused, confident, and professional
- Creative, adaptable, entrepreneurial, and driven by integrity
- Leads by example
- Accuracy and attention to detail
- Ability to effectively receive and communicate feedback
- Passion for the vineyard vines brand
- A positive and enthusiastic attitude
Every-day will feel this good because:
- We have a fun-spirited entrepreneurial culture filled with truly "good" people
- We have flexible working hours and work from home days to accommodate your personal life
- We offer a generous employee discount so you can rep our lifestyle on-and-off the boat
- We offer a competitive salary package, 401-K, commuter benefits, and paid-family leave, health savings, flex spending accounts, life & disability insurance
- We have an onsite gym as well as health & financial wellness programs to keep you active
- We offer 2 summer Fridays to take off in addition to a competitive vacation policy & holiday calendar
