Ralph Lauren
Associate Merchandise Planner
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Ralph Lauren Corporation
Ralph Lauren Corporation (NYSE:RL) is a global leader in the design, marketing and distribution of premium lifestyle products in five categories: apparel, accessories, home, fragrances, and hospitality. For more than 50 years, Ralph Lauren's reputation and distinctive image have been consistently developed across an expanding number of products, brands and international markets. The Company's brand names, which include Ralph Lauren, Ralph Lauren Collection, Ralph Lauren Purple Label, Polo Ralph Lauren, Double RL, Lauren Ralph Lauren, Polo Ralph Lauren Children, Chaps, among others, constitute one of the world's most widely recognized families of consumer brands.
At Ralph Lauren, we unite and inspire the communities within our company as well as those in which we serve by amplifying voices and perspectives to create a culture of belonging, ensuring inclusion, and fairness for all. We foster a culture of inclusion through: Talent, Education & Communication, Employee Groups and Celebration.
Responsibilities
- Support Planner with in Season Forecasting, Trading and Future Season Planning, in order to maximise sales and profitability.
- Liaise with Assortment Planning and Buying partners to review and assist in the formation of the seasonal lessons learnt. Influencing future Buys, using analysis and historical data to ensure commercial decisions are made.
Operation/Financial
- Accurately interpret trade reports on a weekly, monthly, and ad hoc basis, summarising key messages and actions.
- Utilises trade reports and own knowledge to influence forecasting & promotional/MD planning.
- Analyses channel availability & can take necessary trading actions.
- Accurately forecasts WSSI to reflect short- and long-term risks and opportunities to KPI’s, communicating impacts to planner.
- Contributes to hindsight analysis and forward strategies, able to communicate clearly and objectively the key learnings to planner.
- Supports forecasting of line cards to maximise sales potential and optimise stock availability across channels, highlighting any risks and opportunities to immediate team.
- Oversees seasonal recodes.
- Oversees delivery tracker and amends forecasts to reflect risks and opportunities, demonstrating awareness of the impact to end of season stock targets, communicating this to the planner.
- Responsible for actioning seasonal markdowns & communication to stores.
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Commercial Awareness
- Leads regular store visits, analysing store reports prior and presenting feedback to team.
- Understands where RL fits within the wider retail environment through comprehensive competitor analysis, and begins to identify areas of opportunity & risk.
Training and Development
- To adopt a positive and proactive approach to their own training and development as well as that of their peers.
- Proactively promotes improvements to working practices and systems.
- Provides support to new team members, ensuring they understand the training given & department processes.
- Supports team in achieving their personal goals.
- Participates in company initiatives as appropriate.
- Participates in team wellness & prioritises psychological safety.
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Communications & Partnerships
- Creates and maintains strong working relationships within cross-functional teams: Buying, Allocations, ECOM and the retail store teams.
- Liaise with Assortment Planning and Buying partners to review and assist in the formation of the seasonal lessons learnt. Influencing future Buys, using analysis and historical data to ensure commercial decisions are made.
Skills
- Strong analytical and numerical mindset.
- Effective communicator - able to communicate messages clearly and concisely to a variety of audiences.
- Work autonomously, results orientated and able to 'think outside the box'.
- Demonstrates logical analysis and problem-solving skills.
- Solution orientated and positively embraces change.
- Organize, prioritise tasks and manages time well to meet deadlines.
- Demonstrates self-awareness of their impact on others & seeks feedback on ways to improve.
- Builds and maintains productive relationships within team environment.
- Competent in using Microsoft excel and BI reporting tools.
- Attention to detail.
- Leads by example & is a good Associate role model.
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