Merchandise Planning Manager

Ref#: W179714

Department: Merchandising & Planning

City: Watford

State/Province: Hertfordshire

Location: United Kingdom

Company Description

Ralph Lauren Corporation (NYSE:RL) is a global leader in the design, marketing and distribution of premium lifestyle products in five categories: apparel, accessories, home, fragrances, and hospitality. For more than 50 years, Ralph Lauren's reputation and distinctive image have been consistently developed across an expanding number of products, brands and international markets. The Company's brand names, which include Ralph Lauren, Ralph Lauren Collection, Ralph Lauren Purple Label, Polo Ralph Lauren, Double RL, Lauren Ralph Lauren, Polo Ralph Lauren Children, Chaps, among others, constitute one of the world's most widely recognized families of consumer brands.

At Ralph Lauren, we unite and inspire the communities within our company as well as those in which we serve by amplifying voices and perspectives to create a culture of belonging, ensuring inclusion, and fairness for all. We foster a culture of inclusion through: Talent, Education & Communication, Employee Groups and Celebration.

Position Overview

We’re looking for a Merchandise Planning Manager to join our amazing Menswear Planning team on a 12-month fixed-term contract. Based in our Watford office, this is a fantastic opportunity to play a key role in driving the planning strategy, partnering with cross-functional teams, and helping shape the future of our Menswear business.

Essential Duties & Responsibilities

Operation/Financial

Leads the department trading actions, aligning the team forecast with the overarching business financial plans

Proactively assesses channel performance and leads decisions on stock optimisation

Clearly sets out a line card process and ensures all stakeholders are clear on both the strategy and the performance

An expert in the WSSI, quickly spotting trends and communicating risks and opportunities to senior managers.

Understands how to translate long term sales plans into actionable department strategies for all KPIs

Oversees inventory management and works cross-functionally, to provide solutions to reach end of season stock targets and average cost turn, communicating KPI impacts to senior leads

Oversees hindsight assessment to formulate the financial building blocks required for strategy planning.

Partners & influences buying counterparts to formulate the department forward price strategy, and able to critically assess the risks and opps associated, whilst providing sound solutions

Oversees OTB process, influencing buying counterparts to meet department KPI's through optimising buying strategies and OTB management, demonstrating flexibility in approach to maximise opportunities

Works efficiently & sets department priorities

Commercial Awareness

Utilises knowledge of brand positioning and market analysis to help shape future strategies

Oversees regular store visits and competitor reviews.

Team

To adopt a positive and proactive approach to their own training and development as well as that of their peers.

Influences & collaborates with key stakeholders on cross-functional projects & process improvement

Coaches and trains team, helping them to acquire the skills & knowledge to be more effective.

Regularly reviews team progress towards achieving goals

Participates in company initiatives as appropriate.

Empowers team wellness & prioritises team psychological safety.

Feels confident leading a team and can clearly delegate tasks.

Communications & Partnerships

Creates and maintains strong working relationships within key stakeholders.

Collaborates and informs stakeholders on strategies & business goals.

Experience, Skills, and Knowledge

Strong analytical mindset and experienced in using planning and forecasting tools and systems

Effective communicator - able to communicate messages clearly and concisely to a variety of audiences

Able to work autonomously, results orientated and able to 'think outside the box'

Able to demonstrate logical analysis and problem-solving skills.

Solution orientated with an entrepreneurial attitude

Able to organize, prioritise tasks and manages time well to meet deadlines.

Can confidently and respectfully challenge others opinions

Demonstrates self-Awareness of their impact on others & seeks feedback on ways to improve.

Able to build and maintain productive relationships within a team environment.

An expert in using Microsoft excel and BI reporting tools.

Able to demonstrate resilience and remain positive during challenging periods.

Attention to detail.

Regularly recognises & praises good work.

Leads by example & shows desire to mentor junior members.

Desire to have fun at work and an appreciation for product