RH-USA Inc
VP, Merchandise Planning
RH-USA Inc, Corte Madera, California, United States, 94925
Job Description
RH at its core is about taste, and we believe the idea of scaling taste is large and far reaching.
The RH brand attracts the best designers, artisans, manufacturers and talent in our industry, scaling and rendering their work more valuable across our integrated platform, enabling us to curate the most compelling collection of luxury home furnishings in the world. We are moving the brand beyond curating and selling products to conceptualizing and selling spaces by building an ecosystem of products, places, services and spaces that elevates and establishes the RH brand as a global thought leader, taste and place Maker.
At RH we believe deeply that the "right" people are our greatest asset. We value people with high energy, who possess the ability to energize others. People who are smart, creative and have a point of view. People who see the answer in every problem, versus those who see the problem in every answer. People who are driven, determined and won't take "no" for an answer. We value team players, people who are more concerned with what's right, rather than who's right.
RH is seeking a VP of Merchandise Planning to play a crucial role in overseeing multiple categories and strategically planning the development of our products while focusing on effective inventory planning. In this role, you will not only meet strategic, financial, and brand equity objectives but also be involved in meticulous planning to optimize inventory levels. You will provide thoughtful planning to ensure that our product strategy aligns seamlessly with financial goals, while also maintaining a strategic approach to inventory management for sustained success.
YOUR RESPONSIBILITIES
Live our Vision, Values, and BeliefsLead weekly and monthly financial review meetings, identifying corrective actions necessary to maximize sales and margin, and spearhead the financial forecast of the business in collaboration with Planning Leaders.Own in-season forecasting of business and replenishment buys to ensure the best in-stock levelsWork directly with vendor partners to secure unit capacity and address in-stock challenges and/or procurement constraintsFormulate comprehensive strategies for both long-term and short-term objectivesDrive and execute product assortment strategies to deliver sales and margin forecastsResponsible for achieving all components of the financial plan including Demand, Net Sales, Margin, and Inventory TurnAnalyze weekly/monthly business as part of the division to understand trends, issues, and opportunities to drive necessary actionsDevelop exit strategies for non-productive inventory to maximize GMROICreate and present divisional forecasts and action plans for monthly OTB meetings and Executive Business ReviewsConduct regular reviews and analyses of key performance indicators to identify opportunities and mitigate risksOUR REQUIREMENTS
10+ years of experience leading and inspiring a successful planning team at a senior levelMust enjoy working in a challenging, fast-paced, and dynamic environmentProven track record of successful operation and leadership of a large team with multiple divisionsExperience in top-down and bottom-up financial planning processes and a clear understanding of financial measures: sales, gross margin, weeks on hand, weeks of supply etc., and how to maximize themPrevious experience with taking ownership to drive profitability of the division/departments and an understanding of how it impacts the total businessStrong analytical, organizational, and communication skills and must be able to present and support business strategiesLead, mentor and develop your direct team as well as the businessExceptional Excel skills and data analysis
About Us
RH is an equal opportunity employer and does not discriminate against any applicant on the basis of race, color, religion, national origin, gender, marital status, age, disability, sexual orientation, military/veteran status, or any other status protected by federal or state law or local ordinance.
At RH, we are committed to promoting pay equity. Rate of pay is determined based on each individual's experience, qualifications, and the geographic location of the role.
RH at its core is about taste, and we believe the idea of scaling taste is large and far reaching.
The RH brand attracts the best designers, artisans, manufacturers and talent in our industry, scaling and rendering their work more valuable across our integrated platform, enabling us to curate the most compelling collection of luxury home furnishings in the world. We are moving the brand beyond curating and selling products to conceptualizing and selling spaces by building an ecosystem of products, places, services and spaces that elevates and establishes the RH brand as a global thought leader, taste and place Maker.
At RH we believe deeply that the "right" people are our greatest asset. We value people with high energy, who possess the ability to energize others. People who are smart, creative and have a point of view. People who see the answer in every problem, versus those who see the problem in every answer. People who are driven, determined and won't take "no" for an answer. We value team players, people who are more concerned with what's right, rather than who's right.
RH is seeking a VP of Merchandise Planning to play a crucial role in overseeing multiple categories and strategically planning the development of our products while focusing on effective inventory planning. In this role, you will not only meet strategic, financial, and brand equity objectives but also be involved in meticulous planning to optimize inventory levels. You will provide thoughtful planning to ensure that our product strategy aligns seamlessly with financial goals, while also maintaining a strategic approach to inventory management for sustained success.
YOUR RESPONSIBILITIES
Live our Vision, Values, and BeliefsLead weekly and monthly financial review meetings, identifying corrective actions necessary to maximize sales and margin, and spearhead the financial forecast of the business in collaboration with Planning Leaders.Own in-season forecasting of business and replenishment buys to ensure the best in-stock levelsWork directly with vendor partners to secure unit capacity and address in-stock challenges and/or procurement constraintsFormulate comprehensive strategies for both long-term and short-term objectivesDrive and execute product assortment strategies to deliver sales and margin forecastsResponsible for achieving all components of the financial plan including Demand, Net Sales, Margin, and Inventory TurnAnalyze weekly/monthly business as part of the division to understand trends, issues, and opportunities to drive necessary actionsDevelop exit strategies for non-productive inventory to maximize GMROICreate and present divisional forecasts and action plans for monthly OTB meetings and Executive Business ReviewsConduct regular reviews and analyses of key performance indicators to identify opportunities and mitigate risksOUR REQUIREMENTS
10+ years of experience leading and inspiring a successful planning team at a senior levelMust enjoy working in a challenging, fast-paced, and dynamic environmentProven track record of successful operation and leadership of a large team with multiple divisionsExperience in top-down and bottom-up financial planning processes and a clear understanding of financial measures: sales, gross margin, weeks on hand, weeks of supply etc., and how to maximize themPrevious experience with taking ownership to drive profitability of the division/departments and an understanding of how it impacts the total businessStrong analytical, organizational, and communication skills and must be able to present and support business strategiesLead, mentor and develop your direct team as well as the businessExceptional Excel skills and data analysis
About Us
RH is an equal opportunity employer and does not discriminate against any applicant on the basis of race, color, religion, national origin, gender, marital status, age, disability, sexual orientation, military/veteran status, or any other status protected by federal or state law or local ordinance.
At RH, we are committed to promoting pay equity. Rate of pay is determined based on each individual's experience, qualifications, and the geographic location of the role.