Senior Manager, Planning (Full Price)
Centric BrandsAbout the role
About Us
Centric Brands is a leading lifestyle brand collective that designs, sources, markets and sells high quality products in multiple segments, including women’s, men’s and kid’s apparel, accessories, entertainment and beauty. Centric Brands is focused on our customers and our brands that will drive the company’s future growth. We are defined by innovation as we seize new opportunities and thrive in an environment informed by creativity and thinking that is both analytical and outside the box. Centric Brands reflects a team built on respect, for others and for the hard work it takes to achieve our goals and build our bright future together.
Specific Responsibilities Would Include
Position Overview:
We are seeking a dynamic and experienced Senior Manager of Planning to join our team. In this key position, you will partner side-by-side with our Sr. Director of Sales to analyze, plan and strategize for profitable business growth with our department store business to ensure our company meets and exceeds its financial goals and business objectives. The ideal candidate is data-driven, thrives in a fast-paced environment, and has a deep understanding of full price department store planning, inventory demand planning and merchandise assortment planning.
If you are ready to take on a pivotal role in our organization and drive impactful planning strategies, we invite you to apply!
Key Responsibilities:
Account Planning & Analysis
- Create and distribute weekly reports and visualizations on sales and inventory performance, including style selling, by door and category performance recaps.
- Engage regularly with account teams to understand and influence open-to-buy (OTB) forecasts, identifying category opportunities and risks, and making promotional recommendations.
- Lead discussions on business drivers, delivery performance and promotions with Sales partners on a weekly basis.
- Utilize historical data and current trends to develop actionable plans and build consensus on strategies.
- Support the market process by preparing order volume with an updated business review including challenges and opportunities bullets. Create assortment targets by account in alignment with the Merchandise Planning responsibilities of the role. Actualize fashion buy placements by class vs LY, including replenishment projections.
- Manage account VMT and financial flows to understand sales, stock and markdown positions and to monitor vendor allowances to uphold pre-set or in-season agreements.
- Delivering receipt proposals to drive sales for contingency or stretch plans, build and execute category ladder plans to illustrate product and business needs on a weekly basis.
- Create & deliver weekly high-level department store updates for internal senior management and Licensors as well as bi-monthly business review to Sales, Design and in-store Coordinator team. This role is responsible for responding to Licensor overall questions about the Department store business and completing Quarterly Best/Worst seller reports.
- Ad-Hoc Projects in response to business needs including specific door analysis to maximize sales and receipt opportunities ie: top doors, pull together shops, flagship, outposts, etc.
Replenishment Forecasting and Order Planning
- Leverage historical data and trend analysis through the SAP IBP system for planning and forecasting.
- Develop 12 to18 month forward-looking projections for basic replenishment SKUs.
- Meet regularly with key accounts to support real-time planning and identify immediate opportunities for monthly consensus forecasts.
- Communicate stockouts directly to retailers on an ongoing basis.
- Communicate monthly sales and margin forecasts to management, ensuring a high level of accuracy.
- Manage inventory to target weeks of supply (WOS), implementing monthly buys with production partners via the QuickBase order system.
- Assess SKU performance continuously, championing appropriate rationalization, rollouts, and sunsetting initiatives.
Sales, Margin, and Inventory Planning
- Collaborate with the sales team to aggregate account forecasts into comprehensive 12-month revenue and margin plans.
- Monitor actual performance against forecasts, making monthly adjustments to key financial metrics based on sales insights and order updates.
- Clearly communicate variances, providing supporting details.
- Ensure alignment between sales and buy levels at all checkpoints.
Merchandise Planning
- Partner with cross-functional teams to analyze historical performance an
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