Men's Planner - Rhone Apparel, Inc.
Stamford, CT
About the Job
About the Company:
Founded in 2014, Rhone is a performance lifestyle brand dedicated to championing mental fitness. Engineered for optimal style, comfort, and performance, our clothing is designed to enhance every aspect of the active individual's life. Led by brothers Nate & Ben Checketts, Rhone is fueled by a clear vision: positively impacting lives through a commitment to physical and mental fitness, inspiring community, and crafting performance-driven products. Rhone's purpose is straightforward yet impactful: to inspire those who challenge themselves in their relentless pursuit of progress. In addition to a robust E-commerce business and a strong wholesale presence, Rhone currently has 15 retail stores across the U.S., all of which are used for building community through various initiatives such as the brand's signature Mind & Muscle events. More information can be found at www.rhone.com
About the role:
The Men’s Planner will collaborate with the merchandising, wholesale, and store teams to create preseason and in-season plans, aligning on sales expectations and inventory strategies. The Planner will need to assess the current state of the business and recommend the proper course of action to achieve maximum sales. This is an exciting opportunity to join a high-growth brand.
What you’ll do:
PRESEASON
Create pre-season sales, margin, and inventory plans by style and color by analyzing previous quarter results, noting lost sales, and identifying growth drivers over prior year using merchandising and market insights.
Effectively communicate the style level buys as it relates to current trend and historical findings
Summarize the opportunity and risk of a product plan as it relates to trend and financial metrics: initial mark-up, average unit retail, average unit cost, net margin dollars/rate
Recommend style and color count as it relates to the topline forecast
Develop the financial strategy associated with growth and diminish categories in quarterly investment review meetings
IN SEASON
Provide weekly updates on business as it relates to the buy plan; Identify trends and highlight programs that exceed or recede expectations
Propose receipt chase and/or adjustments based on current selling to inventory relationships
Prepare monthly core style sales and inventory forecasts; Provide sales trend opportunity for future quarters, validate stock-to-sales relationships, and maximize receipt flow to improve turn
What you’ll bring:
4+ years of merchandise planning experience; Additional related experience in allocation, merchandising, financial planning, strategy, or business analytics is a plus
Wholesale experience preferred, but not required
Self-starter mindset with the ability to take initiative to complete tasks
Strong communication, analytical and problem-solving skills
Ability to summarize business performance into key highlights with a pointed root cause and a “so what, now what” plan of action
Proficiency in Microsoft Excel required,
Experience with Domo or similar BI tools a plus
Experience in an ERP system, Netsuite preferred
Experience in a forecasting system, Singuli preferred but not required
Job Type: Full Time
Location: Hybrid - Stamford, CT
Reports To: Planning Manager