Vice President Of Planning And Allocation

WHO WE ARE:

We are a leading specialty retailer of casual apparel, footwear and accessories for young men, young women, boys and girls with an extensive assortment of iconic global, emerging, and proprietary brands rooted in an active and social lifestyle. We are based out of sunny Southern California at the Tilly’s RSC. You’ll hear the term RSC a lot, it stands for Retail Support Center since our corporate offices are here to support our retail and online stores.

Working at Tillys allows you to experience a new style of work life. Our work culture is fun and relaxed. We encourage you to be you and that means you should be comfortable. Our employees enjoy a casual dress code and a fun, fast paced work environment where creative minds work together to achieve common goals. As a part of the team you’ll contribute towards and share in our success. A career at Tillys is all about working together to make things happen… so what are you waiting for?

SUMMARY:

The Vice President of Planning and Allocation will bring strategic leadership experience in merchandise planning, inventory management, replenishment, supply chain, and allocation in a high SKU business model. The following is a brief description of responsibilities to be performed by the Vice President of Planning and Allocation. This position will not be limited to just those responsibilities described below.

ESSENTIAL DUTIES AND RESPONSIBILITIES:

• Partners with cross-functional leaders to communicate merchandise plans; translate plans to distribution, visual, and eCommerce teams.
• Ensures consistency of in-season replenishment strategies and best practices to meet in-stock targets.
• Oversees high-level strategic business analysis.
• Oversees company reporting for the entire merchandising area, as well as any needed ad-hoc analytics to drive the business and enable quick, informed decisions.
• Strategically manage transfers to all channels.
• Coordinates the in-season business review and reaction process.
• Oversees the financial aspect of the buying organization, e.g. Open-To-Buy, Assortment plans, Buy Breaks, Key Item Plans, Replenishment buys and Size Optimization.
• Translates knowledge of size selling, geographic performance and trends into distribution/allocation action plans.
• Responsible for financial inventory planning and directing allocation of merchandise.
• Develop effective relationships with the field to drive selling, visual, in-stocks and conversion opportunities.
• Manage category level inventory goals for new store openings, remodels and refresh projects.
• Oversee the management of store profiling and visit stores on a regular basis in order to understand customers’ and stores’ product needs.
• Ensures the allocation/replenishment strategies and processes are in place in order to maximize sales, gross margin, and inventory turnover.
• Communicate with field organization, create strategies for clusters of stores by attributes, and translate strategies into assortment plans and buy plans.
• Develops company seasonal financial targets/plans.
• Provides gross margin planning and analysis for Buyers.
• Champions the technical evaluation of MP&A systems and ensures all MP&A tools and technical systems are effective and provide a competitive edge.
• Advises Buyers on optimum unit purchase planning and stock ratios.
• Collaborate with Distribution Center and Store Operations to optimize product flow, including Direct to Customer initiatives.
• Oversees department budget and applies cost saving processes.
• Leads and develops team of direct reports to ensure consistency of practices that meet and exceed financial targets.
• Reports on Open-To-Buy financials. Presents risks and opportunities in buyers purchase orders vs. the company’s financial plan.

REQUIRED SKILLS AND ABILIITIES:

• Working knowledge of technical systems.
• Strong supervisory leadership skills.
• Ability to forecast sales with great accuracy (pre-season and in-season, manage risks and drive opportunities).
• Excellent organizational skills and attention to detail.
• Strong analytical and problem-solving skills.
• Ability to balance multiple priorities and meet deadlines.
• Extensive knowledge of the principles, procedures, and best practices in the industry.
• Excellent verbal and written communication skills.
• Ability to work independently and as part of a team.
• Advanced proficiency with of Microsoft Office Suite and related software.

EDUCATION and/or EXPERIENCE:

• Must have extensive experience in MP&A for large specialty apparel.
• Change Management Experience leading a team during implementation of new inventory planning processes and systems (JDA Demand and Fulfill software, Retail Inventory Management, Store Inventory Management, Retail Price Management)
• Track record of success leading MP&A teams for a large volume retail business.
• At least 10 years of industry-related experience including three years in senior management required.
• Bachelor’s or master’s Degree in related field preferred.

WORK ENVIRONMENT:

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform essential job functions.

• Typical office environment with low level noise exposure.

PHYSICAL REQUIREMENTS:

• Prolonged periods of sitting at a desk and working on a computer.
• Must be able to lift up to 15 pounds at times.

WHY US?

• Discount on numerous attractions, travel and events
• Relaxed work environment … wear what we sell in our stores
• Fitness and wellness events virtually or at the office
• Employee Discount online and in-store
• Bonus eligible
• 401k with Employer match!
• Comprehensive medical and dental benefits … vision is fully paid by us!
• Annual Employee Sample Sale
• ·40 hours paid sick time granted on day 1

Annual Salary Range: $240,000-$270,000: Offer placement within this range is dependent on a variety of factors, including prior relevant experience, skill set, and qualifications

“Tillys will consider applicants with criminal histories in a manner consistent with the requirements of the Los Angeles Municipal Code, Chapter XVIII, Article 9 (Los Angeles Fair Chance Initiative for Hiring (Ban the Box).”