JEWELRY CAMP

Position: Merchandise Planning Director     
Department: Merchandise Planning
Reporting to: Vice President, International Jewelry Marketing
Location: 1330 Avenue of the Americas, New York, NY
 
I. Job Summary:
 
-       Responsible for achieving planned store inventory levels and maintenance of merchandise assortments aligned to the company’s strategies
-       Responsible for forecasting, analysis, assortment planning, and managing inventory levels, world-wide
-       Responsible for development of merchandising strategies and plans on an annual basis
-       Responsible for merchandise forecasts for supply chain capacity management and production prioritization
-       Responsible for managing merchandising team
 
II. Key Duties Responsibilities and Accountabilities:
 
            Merchandise Planning:
-       Create, maintain and update new and model stock for existing stores based on current sales trends and company marketing initiatives
-       Create new model stock based on store financial plans, market research, local market needs and alignment to company marketing initiatives
-       Coordinate quarterly High Jewelry rotation plans based on market needs, seasonality and historical sales
-       Forecast sales and create replenishment orders to ensure target inventory level/turn
-       Track product category selling to maximize stock balance opportunities
-       Manage wholesale channel merchandise assortments, orders and replenishment needs
-       Manage e-commerce channel assortment and inventory coordination
 
Inventory Movement
-       Manage global inventory movements, requests and stock rebalance needs
-       Manage out of stock inventory requests for client appointments: Loose stones, consigned goods
-       Manage product coordination and recommendations for marketing and sales events
-       Coordination and organization of inter-salon product transfer requests
 
Supply Chain Forecasting and Prioritization
-       Continually manage a rolling 18-month sales forecast for procurement and production planning
-       Communicate annual merchandise strategies and calendar of events with supply chain
-       Prioritize and monitor supply chain deliveries against merchandising needs
 
Merchandise Reporting and Analysis:
-       Identify under/over inventory levels and monitor global turns against financial targets and model stock plans
-       Generate inventory reports showing levels against financial budget and inventory plan and identify discrepancies
-       Execute Product Life Cycle Management and properly maintain classification of all existing SKUs; coordinate activities required through planning module and off-line processes
-       Identify aged inventory and recommend exit strategies to increase open to buy
 
Open to Buy Monitoring
-     Manage a monthly open to buy report and forecast
-       Be responsible for monitoring global inventory levels against budget and plan on an annual basis
-       Work with VP of Jewelry Marketing on annual development of inventory and sales budgets with Finance
 
Pricing
-       Coordinate semi-annual review of retail prices through analysis of competitor pricing and market costs and
-       Analyze price positioning of each market to ensure consistency with competition
-       Liaise with IT to execute price revisions at the retail level
 
Merchandise System Development
-    Be responsible for liaising with IT for systems enhancements and continued support for new Merchandise Planning module

            III. Key Job Relationships:
   
Marketing – collaborate on sales events, pricing review, product development, and analyses/reports
Retail sales – communicate daily with salons to support all merchandise needs
Wholesale – manage partner accounts and assist with development of new accounts
Gemstone Acquisition and Manufacturing – communicate overall merchandising strategies and forecasts to ensure supply chain optimization
Finance – Align merchandising strategies with financial plans and work closely to manage inventory levels
IT - briefing of and on-going liaison for systems support for Planning’s business needs
Security – advise on at-risk inventory levels for on and off-site sales events
Creative – assist with merchandise selection for collateral
 
IV. Job Qualifications: The
 
-       Bachelor’s degree in Sciences with minimum 8+ years of merchandise planning experience in Luxury Company
-       Strong experience in business planning and analysis
-       Strong analytical, organizational and problem solving skills
-       Experience in briefing business needs to IT
-       Strong management skills
-       Dynamic and team player
-       Excellent verbal and written communications skills
-       Ability to think and react in a high-energy, fast paced environment
-       Must be proficient in Microsoft applications
-       Knowledge of gemstones and jewelry a plus+
 
 

 
Iris Negron, HR Manager
inegron@harrywinston.com

WWW.HARRYWINSTON.COM

 
Tel:
 +1
 212-315-7912

Fax:
 +1
 212-581-2948

Harry Winston, Inc.
| 1330 Avenue of the Americas
| New York
| NY
| 10019
| United States |

 
 

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