Sr. Merchandise Planner
Who We Are
ThirdLove disrupted the lingerie industry by empowering women to find their perfect fit online with our innovative Fitting Room® quiz and is one of the original brands to operate 100% direct-to-consumer. All design and R&D is done in-house, and our extensive and complex supply chain is fully managed by our team. Inclusivity is at the core of who we are and how we serve our customers and build our teams.
Traditionally, women were given a choice between two options when it came to their bras and underwear: Be sexy, or be comfortable. Our Cofounders: Dave Spector, Heidi Zak, and Ra’el Cohen, thought that was outdated too — so, in 2013, they created ThirdLove — a third, better option, which doesn’t force us to choose between being sexy or comfortable.
What Our Team Embodies
Our culture is collaborative, fast-paced, and data-driven, and we were most recently recognized with the Great Place to Work certification. This recognition is given to a very small percentage of companies who apply for it and determined by employees’ real-time reports of their company culture. Earning this designation demonstrates to us that our team at ThirdLove is inspired by our mission, engaged in their everyday work, and enjoy partnering with our teammates and customers. If you want to impact millions of people, find your fit, and propel your career forward, we’d love to hear from you.
What We Are Looking For
The Senior Merchandise Planner is responsible for demand forecasting and aligning tops-down and bottoms-up inventory plans for select product categories at ThirdLove, identifying critical risks and opportunities and impact on planned demand. The Senior Merchandise Planner is also responsible for data integrity, size curve integrity, SKU and purchase order management for assigned categories, and for being a NetSuite expert.
The main objective is to determine the proper investment levels across styles, sizes and sales channels in an omnichannel environment in order to achieve sales and product margin targets. Also responsible for aligning on cross-functional business plans and product level forecasting and receipt plans. We need someone who is an excellent cross-functional partner, with very high level proficiency in data analysis, and ability to provide detailed sales and inventory analysis in a clear, succinct manner. The ability to pull a thread across strategy, insights and intuition to story-tell data and influence across a diverse range of audiences will be key. You have strong commercial and product instincts in addition to top-notch analysis skills. You are experienced in forecasting systems and OTB process, and are comfortable navigating in an ever-changing retail landscape.
You are an excellent communicator and are extremely proactive. You are enthusiastic to learn, you ask questions, you find opportunities to share knowledge with others and work well in a team-oriented, collaborative, fast-paced environment. You are extremely detail-oriented and accuracy-oriented.
What You Will Own And How You Will Make A Difference
- Category & Product Planning - Own monthly forecast for product in assigned categories, incorporating any bottoms-up trends into forecast and communicating beats/misses to forecast and action plans to capitalize on opportunities and minimize risks.
- Size Planning - Analyze size selling and identify opportunities by size; maintain size curves for key styles based on in-stock selling and new styles based on historicals. Analyze size selling differences by channel and incorporate into the model.
- Inventory Investments - Make buy recommendations to ensure product availability to meet monthly sales forecasts while optimizing inventory turns and hitting inventory KPIs.
- Business Insights - Analyze selling patterns across styles, colors and sizes to understand customer demand in an omnichannel environment. Develop action plans to drive product performance and forecasting.
- Channel Expansion - Work with Associate Director, Inventory Planning to set sales and inventory targets for sales channels including ecommerce, retail, wholesale and Amazon. Optimize processes and tools for omni-channel sales analysis, receipt plans and allocation.
- SKU Management - responsible for creating new skus and maintaining the item master in Netsuite. Oversee critical inputs and partners with cross functional teams to ensure deliverables are met in a timely manner.
- PO Management - Issue and manage purchase orders for all products from creation through delivery. Partner with production and logistics teams on PO changes. Monitor timing of POs to distribution centers to support core in-stocks and new product launches.
- Various other tasks and duties as assigned or needed
Who You Are
- Minimum 5-7 years merchandise planning or demand planning for an apparel or consumer product company; preferably in intimates or numeric-sizing category.
- Experienced in demand forecasting and OTB planning in an omnichannel environment (ecommerce, retail and wholesale channels)
- Strong working knowledge of demand planning tools including enterprise (SAP, Oracle) or online
- Highly-collaborative cross-functional partner, working with merchandising, production, FP&A, and operations/logistics
- Ability to analyze large data sets from various sources and make recommendations that drive the business forward. Wizard at analysis and identifying business patterns.
- Ability to communicate clearly and succinctly to different levels of management to drive action
- Strong organizational and written and oral communication skills
- Expert in Intermediate & Advanced Microsoft Excel
- High level proficiency in GSuite applications (Google Sheets, Docs, Slides) preferred
- Proficiency in Netsuite ERP preferred
- Experience implementing new planning/forecasting tools or systems a plus
- Sense of urgency and ability to prioritize workload. Can manage through ambiguity in a fast-paced environment
ThirdLove Offers You
- Competitive salary + equity
- Medical/Dental/Vision insurance
- Paid parental leave
- Flex time off
- Discounted and free products
Diversity
ThirdLove is an equal opportunity employer and values diversity at the company. We do not discriminate on the basis of race, religion, color, national origin, gender, gender identity or expression, sexual orientation, age, genetics, marital status, veteran status, or disability status.
ThirdLove is an E-Verify employer and will provide the federal government with your Form I-9 information to confirm that you are authorized to work in the U.S. For more information please visit E-Verify.
Compensation
Base compensation range is 7-15K per month for 6 months
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