VP, Merchandise Planning and Inventory Management - RTW

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At Macy's, Inc. we're on a mission to create a brighter future with bold representation for all. This is our Mission Every One. We know that each person here is unique. So we respect and invest in each individual to create growth, pride, and satisfaction. If we are able to bring our whole selves to work, it translates into a more abundant and wider array of ideas and energy for all to benefit from. Our success will be built on amazing colleagues, working together.

 

Job Overview

We’re looking for a strategic and results-driven leader to oversee merchandise planning and inventory management for our Ready-to-Wear category. As the Vice President, you’ll shape the strategy, drive execution, and optimize inventory to ensure we meet financial goals while delivering an exceptional customer experience. This role is all about collaboration, working closely with teams across Merchandising, Marketing, and Supply Chain to keep us ahead of the curve in a fast-paced retail landscape.

 

What You Will Do

Lead Strategy & Drive Results

• Develop and execute merchandise planning and inventory management strategies to achieve sales, margin, and inventory turn goals.
• Partner with key leaders across the business to align financial planning and inventory strategies with company objectives.
• Stay on top of industry trends, forecasting best practices, and inventory optimization strategies to keep us competitive.

Optimize Merchandise Planning

• Lead the development of financial plans and seasonal buying strategies to meet market demand.
• Ensure accurate sales and inventory forecasts to support replenishment, markdowns, and localized assortments.
• Oversee replenishment processes to ensure the right products are available while keeping excess inventory in check.

Streamline Inventory Management

• Maintain a healthy inventory by implementing smart demand planning and balancing stock across different channels and regions.
• Find the right balance between maximizing sell-through, minimizing stockouts, and hitting financial goals.
• Work with Supply Chain and Logistics teams to improve inventory flow, reduce lead times, and enhance efficiency.

 

Own Financial Performance

• Manage open-to-buy (OTB) budgets to ensure we’re meeting seasonal and annual targets.
• Lead key business reviews, sharing insights and recommendations with senior leadership.
• Analyze performance metrics (sales, margin, inventory turns) and adjust strategies as needed to stay on track.

Team Leadership

• Build and mentor a team of planners, analysts, and inventory managers to drive success.
• Foster a collaborative, high-accountability culture that values innovation and continuous improvement.
• Support team members’ professional growth through coaching and development opportunities.

 

Skills You Will Need

Drive Results: Proven ability to drive financial results and optimize inventory in a multi-channel retail environment.

Financial Modeling & Forecasting: Strong analytical skills with expertise in forecasting, financial modeling, and data-driven decision-making.

Executive Collaboration: Ability to align merchandise planning strategies with corporate objectives and work closely with senior leadership.

Cross-Functional Leadership: Experience leading and driving cross-functional projects. 

Planning Systems Expertise Experience with merchandise planning systems, software, and business intelligence tools.

Strategic Mindset: A strategic, innovative mindset—someone who can turn data into actionable insights.

Leadership & Team Management: Effective leadership skills, driving results with minimal direction, and managing teams to execute innovative strategies.

Communication & Interpersonal Skills: Exceptional ability to communicate, negotiate, and influence others, fostering strong relationships and partnerships.

Detail-Oriented & Multitasking: High attention to detail with the ability to prioritize and manage multiple tasks simultaneously.

 

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