Inventory & Planning Manager

Richemont owns some of the world’s leading luxury goods Maisons, with particular strengths in jewellery, fine watches and premium accessories. Each Maison represents a proud tradition of style, quality and craftsmanship and Richemont seeks to preserve the heritage and identity of each of its Maisons. At the same time, we are committed to innovation and designing new products which are in keeping with our Maisons’ values, through a process of continuous creativity.

“We believe that every moment is an occasion.

Our mission is to create clothing that adds possibility to everyday”

Peter Millar & G/Fore – Inventory & Planning Manager

Based in Milton Keynes

(Permanent Full Time)

HOW WILL YOU MAKE AN IMPACT?

The Inventory and Planning Manager for Peter Millar & G/FORE will be responsible for developing inventory and merchandise plans to meet business objectives for Peter Millar UK Ltd.’s Wholesale business channel. This role will collaborate with multiple groups across the organization (Design and Merchandising, Production, Operations, Finance, Sales and Customer Service) to establish processes for planning customer channel strategy, with a goal of meeting financial and inventory turnover targets. This role will also be responsible for maintaining inventory levels on seasonal and essential basis and managing the product life cycle on these products. The ideal candidate for this position will be extremely organized, detail oriented and have a history of supporting wholesale businesses.

• Develop seasonal sales plans for all Wholesale channels and translate financial plans into merchandise plans for Open To Buy construction

• Maintain a rolling seasonal forecasts to monitor seasonal sell thru
• Maintain demand plans to balance inventory levels in season and manage product lifecycle and create purchasing decisions based off demand and supply plans

• Work closely with the Peter Millar & G/FORE US planning teams to align on seasonal buys and reorder opportunities
• Present seasonal Open To Buy purchase plans to management for approval prior to placing factory orders
• Communicate wholesale channel SKU planning needs to senior management
• Ensure alignment of merchandise buy plans, budgets, sales forecasts, and other business goals to achieve financial targets.
• Work with the sales teams regarding event needs, and other inventory concerns to resolve issues or advise strategy
• Utilize Demand Plans & Supply Plans to maintain weekly reviews of current season and future season open to sell units, monitor when inventory is running low and identify reorder opportunities
• Collaborate with customer service and marketing on the RepSpark load process for style coding, image upload, colour story sheet creation, and PDFs for product promotion
• Manage inventory reporting for all wholesale channels. This includes, but is not limited to, providing analysis to the PMUK management team to communicate business trends

• Establish regular review of KPIs – sales, margin, turnover, sell-thru and inventory – and react to changes in demand and logistics

• Track lifecycle of all seasonal products

• Communicate wholesale markdown timing per channel, territory distribution restrictions and style/colour listings to key stakeholders
• Following each end of season, work with operations, sales and off-price partners to clear excess inventory

• Maintain stock levels on all Essential Key Items within the product catalogue

• Lead the monthly buy process on Essentials by consolidation of demand plans across all channels to determine global demand and make buys accordingly to maintain stock levels and turn rate
• Plan capacity at external factories based on future macro business trends

• Actively listen, engage and respond to business partners and leadership.
• Perform ad hoc analysis based on historical performance by channel, region, product category, price point, etc.

HOW WILL YOU EXPERIENCE SUCCESS WITH US?

• Extremely proficient with Microsoft Excel
• Analytical with an ability to balance financial targets with qualitative business goals
• Ability to adapt to highly entrepreneurial, fast paced environment while maintaining a high level of accuracy and accountability
• Strong interpersonal skills are essential to effectively direct work across all levels of business affecting the forecast process
• A proven track record of continuous improvement in business practices
• Exceptional communication skills and time management
• Ability to solve problems and manage multiple projects and meet deadlines
• Relevant inventory planning experience – preferably with a consumer brand
• Apparel knowledge and luxury brand experience is strongly preferred
• Knowledge of forecasting software related to demand planning is a plus

HOW DO WE KEEP YOU SMILING?

As a significant member of the Peter Millar brand, you are also part of a much bigger community at Richemont. We strongly believe in internal development, mobility and offering various opportunities to enhance both your personal and professional development.

• Training with Richemont in London
• Uniform Allowance
• Optional Health & Dental Care along with cycle to work scheme
• Access to Staff Sales within the Richemont Brands
• Free on-site parking
• Opportunities to attend and work at large scale golf events
• Various staff social/team building events

YOUR JOURNEY WITH US:

We aim to provide a valuable recruitment process, allowing you to gain exposure to some key decision makers and influencing individuals:

1st Stage – After your application has been selected, our recruitment team will contact you within 2 weeks to conduct an introductory call.

2nd Stage – Interview with the MD for Peter Millar & G/Fore

3rd Stage – Interview with the Senior HR Manager for Richemont

LEARN MORE ABOUT LIFE AT RICHEMONT AND PETER MILLAR BELOW:

https://www.linkedin.com/company/richemont/

https://www.youtube.com/channel/UCtcz344eqsWvggwOnq-yljg

https://www.youtube.com/channel/UCNsBpmCOZg1BgZ8hRX2m6qw

#Richemont #WeCraftTheFuture

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