Senior Merchandise Planner

| Austin

SENIOR MERCHANDISE PLANNER - HOME OFFICE - AUSTIN, TEXAS
About Kendra Scott:
We are a fun, talented and driven team dedicated to providing our customers with gorgeous products and a WOW! experience. Family, fashion and philanthropy are at the core of our company and though we move at a very fast pace, we are committed to maintaining a family-oriented work environment and giving back to our community. A passion for great design, dedication to innovation and a strong social media presence are our building blocks for creating a unique and engaging lifestyle brand across all channels, including retail stores, wholesale accounts and e-commerce. Our headquarters are located in the heart of Austin, Texas, and we embrace the unique vibe and energy of our hometown as an inspiration for our brand and company culture.
Position Overview:
The Senior Merchandise Planner is a professional member of the Planning team and reports to the Merchandise Planning Manager. This is an exempt, salaried position whose primary responsibility is to forecast, purchase, and manage inventory, ensuring financial goals are achieved while supporting overall company initiatives and acting as a leader on the Planning team. All below responsibilities are for specific categories owned.
Responsibilities:
BUYING & INVENTORY MANAGEMENT
• Responsible for inventory management of categories, including forecasting and buying responsibilities, ensuring in stock rates to maximize Revenue while hitting turn targets
• Assumes a leadership role on the Planning team - takes initiative and ownership on projects for process improvements; trains and develops current team as well as new hires.
• Manages open-to-buy, monitoring receipts and shifting as needed
• Responsible for out of stock reporting, ensuring products in season are stocked at the warehouse for replenishment
• Assumes a holistic approach to inventory management, driving owned categories while maintaining broad, strategic scope, understanding the effect on total financial and brand objectives for all
• Own weekly reporting and recaps, presenting and sharing key insights with cross functional teams and management
• Proactively achieve investment alignment from all cross functional partners to ensure buy is supporting overall initiatives and key feature items. Able to articulate buy assumptions, logic, trends, risks and recommendations while presenting buys to leadership
• Communicates trends by category, as well as opportunities for additional receipts and/or need for receipt flow adjustments based on performance in all channels, without undo impact to production
• Inspire the team to develop and present strategies, evaluate performance and collaborate on assortment edits
• Effectively manages up, communicating results to leadership including key wins, risks and opportunities
• Develop bottoms up product forecasts, rolling up to total category and measuring against top down company forecasts, communicating any risks to Finance
• Views and communicates inventory from a global perspective; clearly understands inventory needs and impacts to all areas of the company
• Determines exit strategies and markdowns as well as identify items to maximize promotional and marketing strategies
CROSS FUNCTIONAL PARTNERSHIP
• Partner closely with Merchandising on assortment and pricing for new product launches, communicating any risks and ensuring IMU and financial targets are achieved
• Share product performance, trends, and key insights with Design and Merchandising to help support line plan development for future assortments
• Navigates through roadblocks, able to independently partner cross functionally to resolve any issues, recapping outcome to management
• Strategize and collaborate with cross functional teams on future promotional plans, ensuring financial targets are achieved and teams are aligned on execution
• Partner with Allocation on channel distribution strategy, ensuring buy strategy and priority items are supported
• Work with Marketing and Visual teams to ensure product features are supported with inventory
• Plan and forecast for Wholesale boutiques, working closely with Wholesale team on Revenue goals, evaluate any inventory transfers to Wholesale.
• Partner with Events and Affiliate teams on inventory needs, work closely with the Distribution Center and Allocation teams to ensure the inventory gets to the correct point of contact
• Collaborate with Retail Operations team on employee purchasing strategy, contests, training content, and specific employee buys
• Ability to drive influence across cross functional teams and senior leadership to ensure alignment
Our Ideal Candidate will have:
• Experience forecasting, managing receipts and total open-to-buy required
• 7+ years of experience in retail buying/planning; Jewelry/Accessory experience a plus
• Analytical ability and proficiency in retail math and inventory management
• High level of experience using Excel and other tools to analyze a business to drive results
• 4 Year College degree required; B.S Degree in Retail Merchandising or Business preferred
• Demonstrated ability to manage multiple projects, including prioritization, planning, task delegation and communication of big picture
• Strong organizational skills, attention to detail and follow up are critical
• 2+ years of experience managing an Assistant or Associate Planner
• Ability to communicate complex issues, risks and opportunities in easily understood and concise manner, with specific and complete information; communicates 360 degrees, altering communication styles to meet audience need
• Strong leader with experience in supporting and growing a multi-channel organization; ability to excel as strategic and/or hands on leader and adapt as needed

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Technology we use

  • Engineering
  • Product
  • Sales & Marketing
    • JavascriptLanguages
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    • AngularJSFrameworks
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    • TableuAnalytics
    • IllustratorDesign
    • PhotoshopDesign
    • BasecampManagement
    • ConfluenceManagement
    • JIRAManagement
    • WordpressCMS
    • ListrakEmail

Location

Our Home Office is located in the heart of Austin, with easy access to MoPac, downtown and North Austin neighborhoods.
3800 North Lamar Blvd, Austin, TX 78756

Insider's spotlight

What’s the vibe like in the office?

Our Home Office vibe is exactly how it sounds- it feels like home. It's exciting because you never know what daily surprises are in store-Kendra could be walking around in a unicorn costume giving everyone hugs or our Fun Committee may be hosting a happy hour in the cafe to relieve the stress of a busy week. This place is truly one of a kind!

JJ

Desktop Support Specialist

What projects are you most most excited about?

Our goal at Kendra Scott is to keep the shopping experience personal. I am most excited about how we are working to achieve that goal digitally. From personalized content on our website to targeted email campaigns, our focus for 2018 is on making every customer’s experience with Kendra Scott relevant and personal.

Kirsten

Site Merchandising Lead

How has your career grown since starting at the company?

In 2.5 years, I’ve been fortunate to experience our brand in 3 different cities. After 2 years in Memphis & Nashville as a Community Relations & Events Manager, I moved to Austin to take on a new role of Talent Acquisition Specialist. I’m thankful for a company that is committed to internal growth and sees development potential in every employee.

Laura

Talent Acquisition Specialist

With a business that’s growing as rapidly as ours, technology is so important in bringing an amazing Kendra Scott experience to our customers. Our IT team acts as a direct pipeline that connects them to our brand. I constantly challenge my team to continue to innovate the way we bring Family, Fashion, and Philanthropy to our customers.

Kendra

Founder and CEO

All of them! I just finished a new warehouse management system implementation and we have a roadmap full of system investments slated for 2018, all of which are critical to fuel our continued success! I love that I get exposure to ALL systems at Kendra Scott, including ERP, POS, WMS, & E-comm- experience I'd be hard pressed to gain anywhere else!

Gale

IT Project Manager

Perks of working here

401(K) Matching
401(K)
Dental
Flex Work Hours
Generous PTO
Happy Hours
Health Benefits
Onsite Gym
Generous Parental Leave
Parking
Some Meals Provided
Stocked Kitchen
Vision
Volunteering Opportunities
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