Merchandiser/ Planner

1 month ago

Watford Hertfordshire, United Kingdom Ralph Lauren Corporation Full time

Ralph Lauren Corporation (NYSE:RL) is a global leader in the design, marketing and distribution of premium lifestyle products in five categories: apparel, accessories, home, fragrances, and hospitality. For more than 50 years, Ralph Lauren's reputation and distinctive image have been consistently developed across an expanding number of products, brands and international markets. The Company's brand names, which include Ralph Lauren, Ralph Lauren Collection, Ralph Lauren Purple Label, Polo Ralph Lauren, Double RL, Lauren Ralph Lauren, Polo Ralph Lauren Children, Chaps, among others, constitute one of the world's most widely recognized families of consumer brands.
At Ralph Lauren, we unite and inspire the communities within our company as well as those in which we serve by amplifying voices and perspectives to create a culture of belonging, ensuring inclusion, and fairness for all. We foster a culture of inclusion through: In season forecasting, trading and future season planning, inventory and OTB management, in order to maximise sales and profitability
Responsible for developing annual financial plans on a quarterly basis, in accordance with corporate goals, utilizing historical performance, trend analysis, and input from buyers. Oversee the omni channel WSSI to project sales, margin, and inventory for the quarter at the month/week level.
· Present quarterly financial projections at a department/brand/channel level to senior management for approval. Provide buyers with appropriate OTB at category and channel level to support financial KPI’s & inventory targets.
· Partner with buyers to provide option and range plans that deliver a commercial assortment. Present financial projections to Senior Management for final signoff.
· Prepare final fiscal plans at the week/department level for sign off from Planning Leads and senior management.
Responsible for trading department, identifying and mitigating risks and maximizing opportunities, taking action quickly on critical issues.Forecast sales, margin, and inventory at a department/brand/channel level by week on a monthly basis. Reforecast financial projections based on changes in business strategies, the overall retail environment, and the receipt flow. Present 90 day forecast to Senior Management in monthly forecasting meeting.
· Monitor intake, OTB position & terminal stocks across the department feeding back any opportunities or risks to sales. Manage inventory through tactical trade decisions, or de-reserving of sales contract.
· Work with buyer to ensure that receipts are in line with projections and that any changes are reflected in the WSSI and any associated risks are highlighted to the business in the monthly forecast meeting.
· Present financial components (sales, margin, and inventory) to key stakeholders in order to determine the financial impact with respect to strategy changes.
· Prepare adhoc analysis to support the Planning Leads as required.
Confident in managing difficult/ under performance.
· Able to deliver strong presentations which include financial information and business strategies. Able to tailor level of detail in presentations to reflect the audience (i.e. cross functional team or Senior Management).
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