Job Details

VP, Merchandise Planning (GPM)

Location NEW YORK , New York , United States
Category Merchandising
Job Opened August 13th, 2019
Education Bachelor's Degree
Job Number 190005MS
Job Type Full Time

job description

Who We Are:

HBC is a diversified global retailer, focused on driving the performance of high quality stores and their all-channel offerings, growing through acquisitions, and unlocking the value of real estate holdings.

 

Founded in 1670, HBC is the oldest company in North America. Our portfolio today includes formats ranging from luxury to premium department stores to off price fashion shopping destinations, with more than 300 stores and over 50,000 employees around the world.

 

Our leading banners across North America and Europe include Hudson�s Bay, Lord + Taylor, Saks Fifth Avenue, and Saks OFF 5TH.

 

We have significant investments in real estate joint ventures. HBC has partnered with Simon Property Group Inc. in the HBC Global Properties Joint Venture, which owns properties in the United States and Germany. In Canada, HBC has partnered with RioCan Real Estate Investment Trust in the RioCan-HBC Joint Venture.

 

A truly global corporate citizen, HBC is committed to responsible business practices to bring about positive change, and we work hard to shape a sustainable future for people and the planet. Our philanthropic initiatives help create healthy families, strong communities, and sport excellence in the cities and countries in which we operate around the world, while striving to create innovative programs and resources that provide flexibility for work-life balance in order to maintain a positive working environment.

 

What This Position Is All About:

The Vice President, General Planning Manager is responsible for meeting or exceeding sales and profit objectives for several merchandise categories, working in conjunction with General Merchandise Managers and their respective buying teams. This responsibility includes overseeing the development and successful execution of topside and store financial plans, assortment/ buy plans, and merchandise allocation and size planning strategies. The General Planning Manager is responsible for the supervision, training and development of Divisional, Planners and their respective Assistant Planners.

 
Who You Are: 
  • You get things done by engaging in high level teamwork and flexing your interpersonal skills
  • You are a respected and proven thought leader with a quantifiable track record of success in delivering results within a large complex organization.
  • A natural problem-solver, who is also intuitively analytical and creative
  • Action oriented & can deal with ambiguity  
  • Strong Ethics and Values

You also have:

  • University or college degree or commensurate retail experience
  • MBA preferred
  • Minimum 5-10 years experience in a buying and / or planning capacity; Luxury Retail experience preferred
  • Strong business and financial analysis skills. (Keen negotiation skills, exposure to vendor/retailer relation in the past)
  • Strong retail math acumen, including elements of markup, margin planning, open to buy, inventory productivity measures (WOS, T/O, GMROI), master's understanding of budget frames
  • Strong communication and presentation skills; extensive exposure to Sr. Management
  • Excellent computer skills including MS Word and Excel; Buyers Workmate suite; i2 equivalent planning platform
  • Demonstrated managerial and leadership skills, especially managing large teams

As the Vice President, General Planning Manager, you will:

The Vice President, General Planning Manager is responsible for meeting or exceeding sales and profit objectives for several merchandise categories, working in conjunction with General Merchandise Managers and their respective buying teams. This responsibility includes overseeing the development and successful execution of topside and store financial plans, assortment/ buy plans, and merchandise allocation and size planning strategies. The General Planning Manager is responsible for the supervision, training and development of Divisionals, Planners and their respective Assistant Planners.

Financial Planning:

  • Partners with the GMM to conduct the Business Review. Coordinates the development of and reviews the recommended vendor / store matrix, and participates in communicating the store matrix to the stores.
  • Partners with Corporate Planning in the development of the Strawman and initiates and develops the departmental Strawman.
  • Initiates and develops department sales and stock targets.
  • Directs the development and finalization of department level store sales plans.
  • Reviews and approves the monthly flow of department-level topside plans.
  • Coordinates and approves the formal departmental topside plan review, and assists in the group level topside plan review.
  • Partners with Regional Planning in the communication of topside and store plans to stores. Coordinates the development of class and key item plans.
  • Leads the planning team in recommending potential systems and process enhancements relating to planning and open to buy.
  • Participates in ensuring adherence to the company's planning calendar.

Purchasing, Allocation and Replenishment:

  • Recommends best practices for assortment planning and reviews allocation strategies.
  • Directs and monitors the creation of the assortment matrix and buy plans.
  • Oversees the development of allocation tables and sizing contribution grids.
  • Reviews allocation tables and store volume and other attribute clusters by merchandise category. Ensures and participates as needed in regular allocation strategy/ issues sessions.
  • Guides micro-merchandising strategies to optimally incorporate store demographics into the assortment and allocation processes.
  • Oversees the incorporation of store feedback into size planning.
  • Reviews purchase order placement activity as well as the timely and accurate maintenance of and revisions made to purchase orders.
  • Collaborates with buying team to identify distribution and vendor logistics opportunities. Supervises the development of case pack and order flow recommendations.
  • Partners with the DMM on the development of store space strategies.
  • Manages and participates, as needed, in handling store communications regarding allocations.
  • Directs analysis to measure allocation effectiveness and supervises analysis pertaining to size selling.
  • Reviews transfer initiation requests and monitor merchandise transfers and locator activity.
  • Supervises staff in providing systems expertise for other users (Buyer's Workmate, SPIN), and ensures and reviews recommendations for systems enhancement requests.
Pricing and Marketing:
  • Reviews advertising and marketing plans; participates in reviewing advertising effectiveness analysis.
  • Visits stores as feasible; reviews and approves Planning's timely responses to store visit notes.
Open-to-Buy Monitoring:
  • Identifies and communicates divisional OTB monthly trends and direction to Planning teams.
  • Reviews and participates in the monthly OTB (forecast sales and inventories).
  • Reviews inventory productivity (WOS, T/O) and recommends adjustments to business trends. Reviews actual to planned receipt performance.
  • Reviews performance via the monthly stock ledger.
  • Participates in the development of and reviews age of inventory/ exit strategies.
  • Reviews markdown projections and vendor allowance projections.
  • Reviews all pertinent factors (MU, MD's, VA, etc.) relating to profitability.
 
Merchandising:
  • Monitors and reviews the business plan by department to maximize sales and profitability.
  • Reviews competitive analysis relating to the vendor/ store matrix.
  • Stays abreast of industry trends and provides feedback from evaluating competition.
  • Review key conclusions on style productivity and assortment breadth resulting from performing assortment analytics.
  • Oversee the set-up of the initial assortment plan framework and definition of seasonal assortment parameters.
  • Evaluates sales unit performance reports for opportunities.
  • Partners in attending market as feasible and necessary.
People Development:
  • Manages organization and staffing and participates in skills training and development.
  • Participates in team's activities, and helps to support and develop a team environment.
  • Participates in the Performance Review, PDP, and Q12 Impact Plans.
  • Participates in fostering job satisfaction and positive morale. 

How Often You May Travel:

  • 10% in North America

Your Life and Career at HBC:

  • Be part of a world-class team; work with an adventurous spirit; think and act like an owner- operator!
  • Exposure to rewarding career advancement opportunities, from retail to supply chain, to digital or corporate.
  • A culture that promotes a healthy, fulfilling work/life balance
  • Benefits package for all eligible full-time employees (including medical, vision and dental).
  • An amazing employee discount.

 

Thank you for your interest with HBC. We look forward to reviewing your application.

HBC provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, national origin, age, disability or genetics. In addition to federal law requirements, HBC complies with applicable state and local laws governing non discrimination in employment in every location in which the company has facilities. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence,compensation and training.

HBC welcomes all applicants for this position. Should you be individually selected to participate in an assessment or selection process, accommodations are available upon request in relation to the materials or processes to be used.


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