Job Title: Inventory Planning Manager - Merchandising

Your New Salary: £219 p/d PAYE or £278 p/d Umbrella (inside IR35)* equivalent of £57K pa
Location: Central London
Duration: 3-month temporary assignment, office-based
Start date: ASAP
Working hours: 40 hours per week, Monday - Friday, 9am - 6pm                       

Who You'll Be Working for: World class luxury fashion brand. 

What You'll be Doing:

This position will be accountable for managing inventory at a Global level, supporting all OTB (Open to Buy) activities within company’s planning organisation.

Inventory Planning Manager - Merchandising will be accountable for:

• Owning Open to Buy (OTB) and overall Group inventory management, by Region and Globally
• Accountable for setting Product Margin targets aligned with Finance Group targets
• Ensuring adherence to Inventory Targets and all Planning KPIs
• Responsible for re-balancing Global Inventory
• Accountable for Delisting and Markdown strategy in line with OTB targets

 Inventory Planning Manager - Merchandising - Responsibilities:

• Accountable for Global Inventory management activities including assessment of monthly Global OTB updates across all Channels (FP Stores, Digital, Outlet, Wholesale), in partnership with Outlet team.
• Lead the development of a comprehensive Global Inventory Strategy across the full product life cycle, across all Channels.
• Prepare and deliver all OTB sign off presentations, up to c-suite, effectively communicating complex data and strategic recommendations to inform decision making.
• Ownership of the centralised Global and Regional Rolling OTB for all Channels ensuring optimal inventory and productivity assumptions.
• Define Global OTB parameters alongside Senior Manager of Inventory Planning, including Stock Turn and Inventory Targets for all Channels.
• Partner with Finance to develop accurate and aligned Global and Regional revenue expectations, on which the OTB will be built.
• Define and plan Regional Revenue and procurement targets at division level in partnership with Retail Merchandising, Collection Merchandising, Regional teams and Replenishment to support centralised seasonal OTB, as well as the market buy.
• Provide FY (Fiscal Year) and Seasonal Intake Margin guidance to Merchandising based on Group Finance Net Margin expectations to inform Range Plan and Seasonal intake margin targets.
• Analyse and identify risks to overall sales margin, across all Channels.
• Responsible for managing Global Safety Stock and Central Inventory Orders in partnership with Retail Merchandising and Replenishment team.
• Propose and agree inventory rebalances to improve Global sell through across Regions.
• Define Global Markdown and Delisting strategy, working to minimise revenue and inventory risk, working closely alongside the Outlet team to ensure adherence to Regional inventory targets and liquidation strategies.
• Managing team of 5 people

 Inventory Planning Manager - Merchandising - The Skills You'll Need to Succeed:

• Strong Manager experience in Global inventory planning.
• Effective communication skills.
• Strong leadership skills.
• Creative, innovative and customer-oriented when faced with business challenges.
• Strong decision-making capability.
• Dynamic and collaborative style, able to build positive working relationships with cross-functional teams and translate strategic direction to all levels of the organisation
• Exceptional attention to detail and analytical skills.
• Creatively Driven.
• Forward Thinking.

*Please note this Umbrella rate is the amount payable to the Umbrella company - this does not represent what you will actually receive from the Umbrella company.

Please follow us on Linkedin: https://www.linkedin.com/company/people-first-supply-chain 

We would be grateful if you could send your CV as a Word document. If your application is successful, you will be contacted within 7 days. We regret that due to the high volume of applications we receive we cannot provide feedback on individual CVs. Please note that we can only consider candidates who are eligible to work in the UK and are able to provide relevant supporting documentation.

People First is committed to increasing diversity, and maintaining an inclusive workplace culture. We welcome applications from all qualified candidates regardless of their ethnicity, race, gender, religious beliefs, sexual orientation, age, marital status or whether or not they have a disability.

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