Associate Planning Manager, Sunglasses and Travel - DFS91121011 in Hong Kong at DFS

Date Posted: 2/17/2021

Job Snapshot

Job Description

The Associate Planning Manager quantifies the Merchandise Strategy for his/her area of responsibility through development of the seasonal plans and the Brand/Class location sales plans. This position is responsible for forecasting, ordering and allocating product, and for maximizing the productivity of inventory and gross margin. This position is a training position for the Planning Manager position.

Key Responsibilities:
• Delivers category sales, gross margin and turnover performance to plan.
• Works with the Merchandise Manager partner to monitor overall inventory levels to plan and forecast.
• Identifies and evaluates sales and gross margin opportunities at the department level.
• Works closely with Director of Planning, Merchandise Manager (MM), Product Sales Manager (PSM) and Distributor partners to develop and manage financial plans. Open-To-Buy
• Ensures accurate and timely completion of department OTB every month at the division and group level.
• Maintains Group OTB to manage forward buys in-line with department inventory targets.
• Provides ongoing feedback and information to team members on sales results, competitive practices, and delivery issues with vendors, and other specific information which could impact the performance of the business. Inventory Management
• Establishes and maintains intensive key item, key brand/class, and key location focus.
• Monitors and forecasts inventory levels at the division and location level.
• Establishes and maintains assortment plan pipeline by determining order quantities and placing orders with suppliers.
• Buys merchandise for the divisions based on model stock and trends to achieve optimal sales, profit and inventory performance.
• Identifies slow and best sellers in inventory, and respond to maximize sales and minimize risks.
• Determines markdown strategy and ensure communication/execution with divisions.
• Ensures all inventory targets are met, including turnover, currency and style/SKU counts. Merchandise Strategy
• Provides input into the development of a department merchandise strategy.
• Develops department seasonal plans at the division and group level.
• Creates Brand/Class level sales plans by location.
• Works with the PSMs, MM and Distributors to execute the strategy. People Development
• Encourages and supports the development of our talented people. Offers honest and constructive feedback to direct reports and business partners fostering individual and group development.
• Is focused on self-development preparing for promotion to Planning Manager in two years. Division Partner Relations
• Develops and maintains effective working partnership with divisions particularly PSMs and Distributors, while ensuring divisions execute category strategy appropriately.
• Drives decision-making and problem solving on at the merchandise issues at the division and location level.
• Ensures team results, relationships and processes are aligned with DFS mission and values.
• Ensures efficiency and effectiveness of merchandising work processes. Logistics Interface
• Ensures that product moves efficiently through the supply chain.
• Monitors logistics and delivery costs. Brand Relations
• Manages all aspects relating to the ordering and allocation function.
• Problem solves all late deliveries and drives improvement where necessary.

Key Requirements:
• Minimum of 2 year in a buying and/or planning function with financial and analytical merchandising background.
• University Bachelor’s Degree preferred.
• International mobility, for career advancement opportunities, to San Francisco, Hawaii, Hong Kong, Singapore and other major Asia-Pacific cities.
• Able to travel up to 12 weeks per year.
• Luxury market experience preferred.
• International business experience preferred.
• Leadership experience developing, managing and influencing people required.
• Negotiation experience required. CORE COMPENTENCIES
• Dealing with Ambiguity
• Business Acumen
• Customer Focus
• Timely Decision Making
• Functional/Technical Skills
• Interpersonal Savvy
• Managerial Courage
• Negotiating
• Planning
• Problem Solving
• Drive for Results