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Starboard Retail Group

Associate Planning Manager

Inventory Management +1Confirmed live in the last 24 hours
Full-timeMiami, FL, USANo salary listed

About the Job

Requirements

  • Four to six years of experience.
  • A bachelor's degree is required.
  • Proficiency with Microsoft Outlook, Excel, Word, and PowerPoint; strong Excel skills are required, including creating and maintaining complex spreadsheets.
  • Financial acumen, including experience with cost inventory methods of accounting.
  • Ability to partner, build relationships, and gain consensus across the organization to drive improved forecasting.
  • Ability to influence peers and business partners without authority and execute under ambiguous circumstances.
  • Project management skills and the ability to handle multiple priorities with simultaneous deadlines.
  • Ability to manage multiple direct reports.
  • Must be available during core work hours of 8:00 a.m. to 5:00 p.m., Monday through Friday, and work 30 hours each week to maintain full-time status.
  • Ability to occasionally lift office products and supplies weighing up to 20 pounds.

Responsibilities

  • Develop annual sales, stock, and profit plans in collaboration with Merchandising, Cruise Line Retail, and Finance.
  • Create the monthly purchasing budget by program and brand for the year, in line with cash objectives.
  • Measure progress and performance and course-correct as needed.
  • Collaborate with the Merchant on profitable assortment strategies, including selecting productive programs for the cruise line and itinerary market and planning the mix of fashion and core or replenishable products based on product and vendor, expected volume, product-cycle cadence, inventory and weeks-of-supply targets, and gross-margin objectives.
  • Ensure strategies minimize markdown exposure and protect profit in fashion, itinerary-specific products, and new initiatives or tests.
  • Identify strategic opportunities to drive top-line growth or optimize profit.
  • Monitor, maintain, and forecast sales, receipts, and margin during the monthly Open-to-Buy process.
  • Present business results and forecasts during formal reviews with management.
  • Enlist support and alignment from the Cruise Line Retail team on in-season sales forecasts and stock-plan targets to capitalize on opportunities and minimize risk.
  • Partner with the Merchant in assortment development by providing guidance on assortment breadth by cluster, delivery timing and cadence, pricing and markup, and the mix of core and fashion products.
  • Collaborate with the Merchant on inventory analysis, markdowns and clearance of aged stock, and financial validation and execution of merchandising initiatives.
  • Identify opportunities and recommend expanding or funding well-performing programs or initiatives, and propose solutions for underperforming ones.
  • Review operational sales and inventory targets with the Distribution team to ensure replenishment and ordering align with top-line ship, itinerary, and program or brand targets.
  • Review sales-trend analysis with the Distribution team to optimize inventory investments and drive sales.
  • Review transition plans into a new assortment or itinerary with the Distribution team.
  • Review exception-based reporting with the Distribution team to identify projected low on-board stock, potential lost sales, low distribution-center stock, overstocks, and variance to fixture-fill.
  • Manage purchasing-budget days to fund the most profitable items appropriately and issue purchases with lead times ranging from one week to six months.
  • Ensure top items are in stock across all locations, including the distribution center, and communicate anticipated stock challenges to Merchandising and Cruise Line Retail.
  • Support new ships and initiatives with appropriate stock investment and communicate status and timing to relevant stakeholders.
  • Identify opportunities for process improvement and efficiencies.
  • Work with vendor partners to improve fill rates, timely shipping, and vendor compliance.
  • Collaborate with Logistics on inbound and outbound product flow for speed-to-market initiatives.
  • Identify and leverage cost efficiencies and support the company's profit-driving supply-chain initiatives.
  • Hire, train, develop, motivate, and retain a talented team.
  • Lead and manage a team of Distributors.
  • Complete annual performance evaluations and provide feedback to develop team members.
  • Provide regular performance feedback to the MP&D leadership team.
  • Develop a strong relationship with the Merchant partner through teamwork and communication.
  • Communicate with Cruise Line Retail leadership, Directors, District Managers, Ship Managers, Logistics, and sales-support functions.
  • Work occasional evenings and weekends as job duties require.
  • Travel less than 10% of the time.

Desired Qualifications

  • Experience with Pivot Tables and Access.

About the Company

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