Torrid

Director, Merchandise Planning

Torrid

full-time

Posted on:

Location Type: Remote

Location: United States

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Salary

💰 $166,936 - $188,000 per year

Job Level

Lead

About the role

  • Provide communication, development, coaching, and leadership to the merchandise planning team.
  • Break out brand-level financial direction at the department level, balancing opportunity and risk to ensure the enterprise objectives are being met or exceeded
  • Prepare reporting dashboards with metrics and KPI’s that measure the departments performance and provide updates.
  • Lead the Top-Down/Bottom-up planning process, including in-season forecasting, pre-season assortment strategy and long range plans.
  • Partner with Directors of Merchandising on high-level strategic frameworks for driving department growth during pre-season planning process
  • Communicate and translate executive direction into actionable execution with direct reports
  • Actively monitor progress against gross margin and inventory objectives and support necessary pivots needed to meet the financial goals.
  • Develop planning calendar process leading up to milestone touchpoints and project manage the team to completion
  • Drive Open to Buy process for the assigned division, optimizing sales, margins, mark-ups, discounts, promotions, events, and advertisement.
  • Actively identifies business opportunities; revises plan as needed.
  • Analyze historic and current trends providing analytical support to buying team.
  • Partner with Allocation counterpart to determine allocation strategies and ensure proper execution.
  • Create vision and direction to move the team forward with new methodologies, process improvements and industry knowledge.
  • Establish cross-functional relationships to promote best practices and process adherence.
  • Foster teamwork and nurture a culture of inclusion, engagement, and growth while rewarding strong performance.
  • Establish and maintain trusting relationships with employees and management.
  • Partner with HR while provide leaders with guidance on performance management including coaching, counseling, talent development and disciplinary actions.

Requirements

  • 8+ years of Planning/Allocation experience in a specialty retail environment.
  • 7+ years related experience that includes leading a team.
  • Advanced ability in Excel managing large data sets, financial modeling and creating tools
  • Proficiency with BI tools, dashboards and data visualizers
  • Prior experience with non-Excel based Planning systems (preferred)
Benefits
  • Torrid is proud to be recognized as a top workplace and industry leader. Our commitment to excellence in workplace culture, diversity, and customer service has earned us consistent recognition.
Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard Skills & Tools
financial modelingdata analysisKPI measurementforecastingassortment strategyplanning calendar developmentOpen to Buy processallocation strategiesprocess improvementsteam project management
Soft Skills
leadershipcommunicationcoachingteamworkrelationship buildingstrategic thinkingperformance managementinclusionengagementgrowth mindset