
Retail Buying & Planning Manager
Role: Retail Buying & Planning Manager
Brand: Stance
Location: San Clemente, CA
Summary: Reporting to the VP of Retail, this person will wear many hats, and will own our retail store financial forecasting, demand planning, assortment planning, buying and inventory management.
Responsibilities:
· Create and maintain an aligned sales forecast and store plans in partnership with the Finance team
· Lead product strategy for Stance Retail by influencing line creation and assortment planning with centralized merchandising team
· Develop pre-season sales, assortment and inventory plans for all categories that meet key business and financial goals, ensuring profitability
· Align product offering with consumer purchasing trends
· Create pre-season sales and inventory plans for all categories that support retail strategy
· Drive category space allocation based on productivity and contribution; scalable in a multi-store model for efficient buying and replenishment
· Buy retail assortments across multiple categories each season
· Establish and review performance metrics by stores and product categories
· Report weekly/monthly/quarterly sales and product performance results and use data to make actionable decisions such as markdowns, transfers, and product assortments in stores
· Manage in-store and total inventory levels to strict KPIs; manage retail open to buy and excess inventory exit strategy
· Oversee weekly replenishment and allocation to stores
· Partner with marketing around new product launches and campaigns
· Be in close communication with store managers regarding inventory levels, product assortment and sales trends