Top Merchandise Planning and Allocation Executive oversees, plans, and directs all aspects of an organization's merchandise planning and inventory allocation policies and methods. Develops strategies and processes to maximize sales, turnover, and profitability. Being a Top Merchandise Planning and Allocation Executive utilizes forecasting data to lead a business review of the current season to determine future allocation and replenishment strategies. Provides buyers with data and insights to use to optimize purchase planning and stock ratios. Additionally, Top Merchandise Planning and Allocation Executive requires a bachelor's degree. Typically reports to top management. The Top Merchandise Planning and Allocation Executive manages a departmental function within a broader corporate function. Develops major goals to support broad functional objectives. Approves policies developed within various sub-functions and departments. To be a Top Merchandise Planning and Allocation Executive typically requires 8+ years of managerial experience. Comprehensive knowledge of the overall departmental function. (Copyright 2024 Salary.com)
Wayfair is a powerful brand with exceptional depth and breadth of product; we believe there is a white space in the brick-and-mortar market to create a differentiated retail experience that showcases our online catalog and leverages our dynamic business model. The Associate Director of Planning Allocation will help craft and execute Wayfair’s Specialty Retail Brand strategy as we stand up and scale stores across North America. The ideal candidate is a proven leader with a track record of building retail assortments in the home space. Our Physical Retail division operates like a venture-backed start-up within Wayfair’s already entrepreneurial culture. To be successful in this role, you must get energy from operating amidst ambiguity, setting a vision for your categories while also rolling up your sleeves, and being a fierce advocate and brand steward with senior leadership, cross-functional peers, and the core team.
The Associate Director will work closely with the Heads of Category Merchants to build the merchandise assortment and strategy to ensure achievement of sales, margin and inventory turn goals. This is a diverse brand scope with experience necessary in depth, breadth, replenishment, and never-outs.
They will be responsible for leading the plan building pre-season and in-season - on an item and department level. Leading a team of planners and allocation analysts, they will collaborate closely with cross-functional partners (e.g., Merchandising, Visual Merchandising, Marketing, Partner Operations, Sales Forecasting, Supply Chain and Store Operations). We are seeking a motivated leader who can drive strong sales productivity, profitability, and allocation to ensure customer satisfaction in our physical retail business.
This role is based in Boston and reports to the Head of Planning Allocation, Wayfair, Physical Retail, with significant cross-functional responsibility, as well as responsibility to build out best-in-class process, reporting and tools. As the physical retail portfolio grows, the Associate Director should expect to further build out their team to manage an increasing fleet of stores.
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