Planning Manager, Inventory Planning
Burberry is a purpose-driven luxury brand that believes creativity opens spaces. Our purpose is to unlock the power of imagination to push boundaries and open new possibilities for our people, customers and communities. Since 1856, we have committed to sustainability, industry change and community championing.
Job Purpose
Burberry is looking for an experienced Planning Manager to join the Inventory Planning team. In this position you will be accountable for managing inventory at a Global level, supporting all OTB activities within Burberry’s planning organisation. You will embody the Burberry values and foster a culture of innovation and collaboration.
* Owning Open to Buy (OTB) and overall Group inventory management, by Region and Globally
* Accountable for setting Product Margin targets aligned with Finance Group targets
* Ensuring adherence to Inventory Targets and all Planning KPIs
* Responsible for re-balancing Global Inventory
* Accountable for Delist and Markdown strategy in line with OTB targets
Responsibilities
Inventory Management
* Accountable for Global Inventory management activities including assessment of monthly Global OTB updates across all Channels (FP Stores, Digital, Outlet, Wholesale), in partnership with Outlet team
* Lead the development of a comprehensive Global 4YP Inventory Strategy across the full product life cycle, across all Channels.
* Prepare and deliver all OTB sign off presentations to SLT, up to c-suite, effectively communicating complex data and strategic recommendations to inform decision making.
* Ownership of the centralised Global and Regional Rolling OTB for all Channels ensuring optimal inventory and productivity assumptions.
* Define Global OTB parameters alongside Senior Manager of Inventory Planning, including Stock Turn and YE Inventory Targets for all Channels.
* Partner with Finance to develop accurate and aligned Global and Regional revenue expectations, on which the OTB will be built.
* Define and plan Regional Revenue and procurement targets at division level in partnership with Retail Merchandising, Collection Merchandising, Regional teams and Replenishment to support centralised seasonal OTB, as well as the market buy.
* Provide FY and Seasonal Intake Margin guidance to Merchandising based on Group Finance Net Margin expectations to inform Range Plan and Seasonal intake margin targets.
* Analyse and identify risks to overall sales margin, across all Channels, proactively escalating risks to SLT.
* Responsible for managing Global Safety Stock and Central Inventory Orders in partnership with Retail Merchandising and Replenishment team.
* Propose and agree inventory rebalances to improve Global sell through across Regions.
* Define Global Markdown and Delist strategy, working to minimise revenue and inventory risk, working closely alongside the Outlet team to ensure adherence to Regional inventory targets and liquidation strategies.
Personal Profile
* Extensive experience demonstrating excellence across all aspects of Global inventory planning, at a manager level
* Effective communication skills, with proven experience in influencing with credibility up to C-suite
* Strong leadership skills: inspiring, energising and instilling a culture of innovation, collaboration and accountability
* Creative, innovative and customer-oriented when faced with business challenges
* Strong decision-making capability
* Dynamic and collaborative style, able to build positive working relationships with cross-functional teams and translate strategic direction to all levels of the organisation
* Exceptional attention to detail and analytical skills
Burberry is an Equal Opportunities Employer and as such, treats all applications equally and recruits purely on the basis of skills and experience.
Seniority level
Mid-Senior level
Employment type
Full-time
Job function
Product Management
Industries
Retail
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