KATE SPADE & COMPANY

  • Senior Director Buying, Planning & Allocation

    Country – State – City UK-LND-London
    Posted Date 2 weeks ago(7/5/2018 12:12 PM)
    Job ID
    24832
    Category
    Retail Field - Other
  • Overview

    Crisp color, graphic prints and playful sophistication are the hallmarks of kate spade new york. From handbags to clothing and décor, our exuberant approach to the everyday encourages personal style with a dash of incandescent charm. We call it living colorfully.

    As a member of the Tapestry family, we are part of a global house of brands that has unwavering optimism and is committed to being innovative and wholly inclusive. 

    Responsibilities

    • Responsibilities:

       

      • Leads and manages a team of seven (2 direct reports and 5 indirect reports)
      • Collaborates closely with Finance to set short and long-term sales (AOP/LRP), gross margin and inventory targets.
      • Partners closely with Finance to submit weekly, monthly (SMI) and quarterly forecasts (QO).
      • In Partnership with the finance, team leads Weekly Sales Review meetings as well as monthly Business Review with Brand CEO.
      • Create annual monthly sales and inventory plans by store and by department which tie to the annual operating plan and align with top-down global seasonal product strategies
      • Lead the detailed BU level direct channels OTB (open-to-buy) plans based on top-down guidance provided by global team. This includes developing sales, gross margin percentage, shipment, and inventory and W.O.H. targets at department/class level.
      • In Partnership with the wholesale team, forecast and manage pre-book orders for all categories.
      • Consistently monitoring inventory levels within European warehouses (Retail, Outlet and .com) to ensure optimization across business units to maximize sales potential, minimize risk and inventory liability (i.e. wholesale in-season reorders, ecommerce, 3rd party disposition, transfers to other geographies, etc.)
      • Liaison amongst Wholesale Operations, Logistics and E-commerce teams to balance inventory needs across channels
      • Partner primarily with the stores & field team, Operations, Distribution Centre, Buying, Inventory Management and the Visual Merchandising teams to ensure inventory optimization
      • Oversee teams development and maintenance of weekly and monthly reporting tools
      • Own Planning and Allocation team’s annual budget and forecasted spend
    • Oversee the Buying function, ensuring Planning, Allocation and Buying functions are aligned in product assortment strategies by location
    • Lead markdown strategy in partnership with global merchandising, buying and wholesale team.
    • Define never out of stock core product and manage team to ensure that stores always have minimum depth required.
    • Licensing relationships – placer order for all licensed categories in DTC, hold quarterly hindsight meetings, negotiate T&C, swaps, contributions and RTVs

    Qualifications

    skills and abilities required:

    • Minimum 10 years merchandise planning, buying and inventory management experience
    • Highly commercial, numerate and analytical and familiar with demand planning and buying processes; operates with a clear command of key financial drivers in driving a business
    • Advanced computer skills in Excel and retail planning systems
    • Management/ supervisory experience a must
    • Knowledge of the fashion or accessories luxury goods market
    • Experience of working with a global company/brand  

    An outstanding individual will:

    • Use market and industry insights to inform strategy and approach to stay competitive
    • Solve complex, challenging issues through fresh thinking and resourcefulness
    • Translate priorities into ambitious and achievable goals for team members. Help people understand the broader context and stay connected to the vision even through times of ambiguity
    • Identify resources to see initiatives through and continually assess the effectiveness and efficiency of work efforts
    • Creative problem solving and strategic thinking skills with strong business acumen
    • Ability to make prudent decisions under pressure and deadlines
    • Build effective global partnerships and interact successfully with diverse individuals at all levels
    •  

    kate spade new york is an equal opportunity and affirmative action employer and we pride ourselves on hiring and developing the best people. All employment decisions (including recruitment, hiring, promotion, compensation, transfer, training, discipline and termination) are based on the applicant’s or employee’s qualifications as they relate to the requirements of the position under consideration. These decisions are made without regard to age, sex, sexual orientation, gender identity, genetic characteristics, race, color, creed, religion, ethnicity, national origin, alienage, citizenship, disability, marital status, military status, pregnancy, or any other legally-recognized protected basis prohibited by applicable law. Visit kate spade new york at www.katespade.com.

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