We are an American luxury lifestyle brand, founded in 2004. Anchored in the casual elegance of American sportswear, Tory’s design philosophy is defined by effortless silhouettes, innovative materials, eclectic juxtapositions of color, and the tension of past and present. The collections include ready-to-wear, handbags, footwear, accessories, jewelry, home and beauty.
Empowering women is the company’s guiding principle, expressed through Tory’s collections and reflected in the company culture as well as the work of the Tory Burch Foundation. Established in 2009, the Foundation provides women entrepreneurs in the United States with capital, education and community.
You are seeking a work environment where people are encouraged to dream, explore, discover and, as important, laugh together. If you’re prepared to work hard, create impact, and have fun while doing it, we would love to have you join #TeamTory. Apply today!
Life @ToryBurch is Special Because:
When you join us, you’re joining a global, purpose-led company on an exciting growth journey with an amazing culture and great benefits.
- Our culture is welcoming and inclusive -- everyone is empowered to make a difference.
- We have the best team in the world and believe in paying competitively and rewarding for high performance.
- Your overall well-being is important to us; we offer generous benefits to help you take care of your mental and physical health, create financial security, and achieve wellness in all areas of your life.
- We love seeing our employees wear our beautiful collections. You’ll receive a generous employee discount and access to exclusive sample sales.
- We are invested in your professional growth – you’ll have access to free executive coaching on-demand.
This Role is Tailor-Made for You Because:
Supports allocations to send merchandise by store, ensures that all stores are within their goal inventory targets
A Day in the Life:
OVERALL
The goal of this allocation function is responsible for driving and supporting the sales with the right amount of products at the right time and place at retail/digital stores in both qualitatively and quantitatively. He/she monitor the distribution of all our products to ensure the retail/digital to achieve business targets and to optimize the inventory level/supply to channels. and Success in this position requires the ability to lead a team that is able to translate quantitative and qualitative data into actionable strategies; and the ability to build strong cross-functional partnerships with Planning, Buying, Logistics, Store Operations, and the Field.
RESPONSIBILITIES
- Inventory Control
- Develop the seasonal inventory allocation strategies that support the product, investment strategies, and commercial plan strategies.
- Collaborate with planning/buying team to develop and communicate a comprehensive strategy that aligns MFR plans and business opportunities across the categories inclusive of style/sku targets, in store dates, good/better/best framework, key attribute, and season code (time on offer).
- Ensure team executes initial inventory releases; ensuring consistent and profitable in-season replenishment for categories, manage stock re-balance to enhance sell through before end of season/Stock return to DC from stores
- Drive profitability through leading and executing promotional and markdown strategies which align with divisional and brand financial goals
- Ensure effective management of Basics forecast, Inbound from global DC, allocation and service levels for each product categories.
- Analysis and operation management
- Analyze sales, stock, and size performance at SKU and store level, as well as identify missed sales opportunities and stock imbalances, providing actionable insights to improve performance
- Optimize store inventory by implementing automatic replenishment procedures to mitigate risks of overstock or out-of-stocks, streamline shipments from warehouse to retail in collaboration with logistics.
- Communication with other functional partners
- By collaborating with logistics/buying/planning partners to manage expected delivery schedules and communicate that information, proposing contingency plans from delivery delays
- Manage to deliver visibility of weekly allocated detail with other stock information to stores.
- People Management
- Coach and train allocators to identify key learnings and develop future strategies; Lead team priorities and initiatives, organize tasks, monitor workflow, and remove roadblocks to support team in meeting deadlines
To Land This Role:
EDUCATION & PRIOR EXPERIENCE NEEDED
- BA or BS degree with 6-8 years of prior experience in merchandise planning and analysis – allocation/ distribution experience a plus
- Experience with Merchandise Planning & Allocation Systems – SAP/JDA (a plus)
- Financial/accounting background preferred but not required
- Advanced PC skills Excel and Power Point etc. – Microstrategy/Power BI (a plus)
- Business level both in Japanese and English
- Presentation and analytical skills required
- Product sensibility
- Able to build and maintain productive relationships with peers and cross-functional teams
- Flexible and adaptive to changing priorities
- Able to organize and prioritize workload to meet deadlines
- Demonstrates logical analysis and problem solving skills required
Why You'll Want to Join Our Team:
How We Work Together
- Adaptable – We change before we have to
- Entrepreneurial – We own it
- Collaborative – There’s no “I” in Tory
- Client & Brand Focused – We put ourselves in Tory’s shoes
- Live the Values – We show up for each other
- Functional Expertise – We’re constantly learning and growing
#TeamTory Values
We show up with honesty & kindness, act with integrity & compassion, work with passion & humility and lead with excellence & humor.
