- Determine the initial split of inventory by SKU by region by channel by delivery across all categories to ensure both Retail and Wholesale channels can launch on time
- React to production delays by partnering with production to prioritize units by region and propose freight upgrades based on margin and Wholesale cancel risk
- Partner with Retail Buying and Sales to determine and set allocation priorities by Retail Region and Wholesale customer on a seasonal cadence
- Create and distribute company inventory and sales-related reporting including:
- Measurement of company incoming seasonal production to provide visibility on reality of achieving the determined Retail Launch Targets and Monthly Wholesale Outbound Shipping Forecast
- Weekly update on estimated delivery dates by SKU by region
- Global excess inventory by SKU by region to fuel and initiate potential reorders
- Monthly Global Physical Inventory Ownership to identify any inventory gluts and monitor company sell- through
- Review oversold stock risk – determine the cuts that need to be executed by SKU by channel by customer based on customer priority and margin
- 3+ years in an inventory management, operations or planning role
- Demonstrated experience with developing and implementing best practices
- Advanced Excel skills
- Comprehensive understanding of retail math
- Strong attention to detail
- Excellent analytical skills
- Organized and able to multi-task
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New York - LVMH
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Description
Overview:
Marc JacobsInternational, powered bythe creative genius of Marc Jacobs, seeks an SeniorInventory Planner to join the Planning Team based in itsNew York City (SoHo) headquarters.
RESPONSIBILITIES:
Successful product launches and sustained business growth require agile planning. From the moment market starts to the final moment it is phased out, the planning department is there every step of the way, ensure inventory is being optimized, sales trends are being monitored, and financial plans are being met. Nested within a larger department responsible for allocations and operations, the planning team takes on the role of always approaching solutions via a supply chain lens. As a part of the team, you will manage the inventory procurement process to maximize sell through, profitability and reduction of excess inventory. The importance of forward-looking inventory planning in coordination with the Planning team will be the key to the ensuring the continued success of Marc Jacobs.
QUALIFICATIONS:
SALARY & BENEFITS/WHAT WE OFFER:
The compensation for this position ranges from $75,000-$90,000(annually). The rate of pay offered will be dependent upon candidate's relevant skills and experience. In addition, we offer our employees a comprehensive benefits package including paid holidays, vacation time, sick and personal time, medical, dental and vision insurance, and 401k matching. We also offer discounts on travel, entertainment, and more through our partnership with PerkSpot. MJ employees also receive discounts on MJ products throughout the year, as well as access to discounts on other LVMH brands.
ABOUT MARC JACOBS
For nearly 40 years, Marc Jacobs has been a driving force in fashion with his philosophy: pioneering designs, an irreverent spirit, the everyday and the extraordinary. Today, the brand continues to make its Marc as rebellious, unpredictable, and original.
Our work is founded on our core brand pillars: unexpected, utilitarian, urban, unisex, and unique. NYC in design and spirit, our teams thrive off relentless authenticity, an openness to standing out, and inclusivity for all.
EEO STATEMENT
Marc Jacobs International was founded on Marc's vision of celebrating uniqueness and being Perfect as You Are. We are committed to building an equitable and inclusive culture that values diversity of thought, background, and experience – all essential to our spirit of innovation and creativity. In line with this commitment, we believe that the best candidate may be one who comes from a less traditional background or may meet the qualifications in different ways. We encourage you to apply even if you don't meet all of the listed qualifications.
Marc Jacobs International is committed to providing equal employment opportunities to all employees and applicants for employment regardless of race, color, sex, sexual orientation, gender identity or expression, age, veteran status, national origin, religion, disability, or any other characteristic protected by federal, state or local law.