Director of Merchandise Planning & Production
Milton Keynes (Milton Keynes)
Job description
Richemont, one of the world leaders in the luxury sector, has various Houses specializing in jewelry, watches and high-end accessories. Each Maison proudly embodies a tradition of style, quality and craftsmanship and Richemont strives to preserve the heritage and identity specific to each of them. At the same time, we are committed to innovating and designing new products in line with the values of our Houses, through a process of permanent creativity.
YOUR MISSION:
The Director of International Supply Chain is the focal point for all planning, production, logistics and compliance related activities. You will oversee the International Production team to ensure production orders are placed on calendar, products are set up properly and orders are properly summarized from all locations. You will support Production with the execution and coordination of inventory planning from raw materials to finished goods, from origin to fulfillment center. As part of this role, you will oversee the International Planners and establish processes and procedures which mirror the US planning team. This role assists with reporting of key performance indicators and performance data, with suggestions for process improvements and robust data reporting/action. This role will partner with the US Production team and external factories to issue forecasts and plan capacity at factories, along with working with the International fulfillment centers on inbound and outbound flow and partner with operations on domestic embellishment forecasts. You will coordinate all inbound shipments and make judgment calls on what types and methods of freight to use to ensure on-time delivery while balancing budgetary needs. This role will liaise with the Director of Compliance and escalate issues as necessary, including new compliance requirements as they arise. Finally, this role will collaborate with Finance to meet financial and inventory turnover targets and will provide Finance long-range plans.
HOW WILL YOU MAKE AN IMPACT?
- Develop and forecast supply plans by brand (Peter Millar and G/FORE) and product category to support the demand plans.
Manage inventory reporting for all channels; establish regular review of KPIs – turn, sell-thru and inventory – and react to changes in demand and logistics.
Own full lifecycle of products including season code maintenance, aging and disposal via donation/closeout. Coordinate closeouts with International and Domestic teams.
Maintain oversight on all freight purchases while maintaining annual freight budgets.
Oversee growth and development of personnel within the Supply Chain team.
Identify opportunities to maximize throughput at vendors.
Build monthly production plans out 24-36 months to combine with US plans.
Build monthly inbound receipt plans with operations to optimize flow of goods (inbound+outbound).
Direct logistics on flow of goods to maximize ATS, bringing forward key styles to maximize allocation conversion. Level load receipts to maintain internal activity drivers.
Build framework and tools for line scheduling as input to the supply plan and collaborate with production to turn this on in key suppliers.
Communicate International needs to Line Review Director(s) and Merchant(s) to inform total company SKU plan development needs. Work with sales teams regarding inventory callouts, event needs, and assortment concerns to advise strategy.
Ensure alignment of merchandise buy plans, budgets, sales/margin forecasts, and other business goals to achieve financial targets.
Develop and forecast seasonal sales for DTC, Wholesale and Distributor channels and present to management for approval prior to placing factory orders. Establish the open-to-buy plan at the product category, style and SKU level.
Maintain weekly reviews of current season and future season open to sell units, monitor when inventory is running low and identify reorder opportunities.
Oversee adoption of new technology tools / systems on the international team.
Proactively communicate to sales team on seasonal sales and inventory strategy, and gain feedback for buys and future season planning.
Propose strategies to drive product sell-thru in order to maximize profitability on the life of an item or product category.
HOW WILL YOU EXPERIENCE SUCCESS WITH US?
Extremely proficient with Microsoft Excel
Travel to International Offices on a regular basis as needed by the business
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
A proven track record of continuous improvement in business practices
Exceptional communication skills and time management.
Ability to lead teams and develop teammates
Ability to solve problems and manage multiple projects and meet deadlines
Apparel knowledge and luxury brand experience is strongly preferred
Strong inventory planning experience – preferably with a consumer brand
Solid in-bound logistics planning & production experience
Knowledge of forecasting software related to demand & supply planning is a plus
WHAT MAKES OUR GROUP DIFFERENT?
Our true power does not lie in our similarities but in the rich diversity of our arts, cultures, and human skills, as well as our specific ability to foster untapped potential.
- We value freedom, collegiality, loyalty, and solidarity
- We foster empathy, curiosity, courage, humility, and integrity
- We care for the world we live in
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:
- Initial screening call with Richemont Talent Team
- Interview with the Hiring Manager
- Interview with the HR Manager
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