Full-Time Sr. Manager, Retail Inventory Planning

The Sr. Manager, Retail Inventory Planning is responsible for managing and optimizing in-store inventory to drive sales, margin, and store performance. They are responsible for developing a pre-season assortment plan and inventory strategy by store. This role owns effective management of retail inventory, driving sales through improved availability and forecasts to ensure desired in-stock levels. It is a highly collaborative role and partners with a variety of cross functional teams.

• Pre-Season Planning
• Develop and drive pre-season, item-level sales and inventory plans that align with historical performance, merchandising strategies and financial targets.
• Partner with Merchandising teams on the seasonal assortment by style for retail.
• Provide analytics as needed to ensure seasonal line will hit financial and KPI targets
• Own curating retail product assortment by store (Style & color) by utilizing store clustering and Merchandise input on style and color rank
• Develop and implement retail-specific initiatives, partnering with cross-functional teams to execute seasonal plans effectively
• Prepare the deck and present channel strategies and forecasts in the OTB meetings
• New store inventory planning and execution including merchandising plan and initial store inventory levels
• Build seasonal outlet store inventory requirements for the following season’s assortment. Ensure inventory aligns with Outlet strategy and financial targets
• Allocation and Inventory Management
• Develop and implement allocation strategies, ensuring optimal product distribution across Stio’s retail and outlet locations
• Manage the timing of seasonal products and send backs, optimizing inventory flow
• Maximize sales by getting the right amount of inventory to the right stores at the right time
• Manage In-Season Forecasting to optimize for allocation and omni-channel inventory management. Ensure alignment with tops-down, monthly forecast and channel goals
• Own adjustment of seasonal assortment in-season
• Support inventory management between retail, ecommerce and wholesale channels
• Manage Outlet store pricing updates according to inventory sell through strategy.
• Reporting
• Participate in weekly meetings focused on Merch performance and alignment between Central Retail, Retail Marketing and Planning on Retail strategies for in-season sales
• Assess the performance of retail planning initiatives and identify improvement opportunities for continuous optimization
• Establish and monitor revenue KPIs for the retail channel, tracking and reporting on performance metrics.
• Create seasonal hindsight reporting for next season review.
• Partner with Retail Central team to gather store feedback to be used for next season
• Recap and analyze monthly actuals to plan and LY. Present key takeaways and recommended action plans monthly to cross-functional team
• SKU Creation and Attribute Maintenance
• Oversee seasonal SKU creation
• Manage SKU attribute maintenance for Inventory Planning team
• Leadership
• Lead and manage the Retail Inventory Planning team and process
• Actively partner cross functionally to drive shared business goals and key outcomes
• Look for ways to continuously improve current processes, tools and meetings
• Commitment to our company Mission, Vision, and Values

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