The Senior Analyst's role is to support strategic distribution of Tiffany Watches. This unique Senior Analyst merchandising role blends Replenishment Planning and Demand Planning fumctions while maintaining a critical and effective relationship with the vendor. The Senior Analyst will develop rolling 18-month worldwide sales, inventory, and purchase forecasts in units and dollars. Additionally, the Senior Analyst is to liaise with the vendor to ensure accurate supply and timely delivery of all skus. Acting as a direct liaison to all retail branches and sales organizations, the Senior Analyst is to provide regular stock level analysis and sales support. The role also encompasses preparing and developing sales reporting to provide management with timely and accurate information for decision making.
The Senior Analyst will manage product replenishment for Tiffany Watches by analyzing market trends and maintaining product models. He/She will analyze product allocations and make changes to distribution based on inventory constraints, sales trends, merchandising initiatives, or strategic regional needs. He/She will create purchase orders to target country specific needs, while monitoring inventory levels of top selling styles, aiming to maintain Replenishment Planning target availability standards, and communicate recovery plans to regions.
The Senior Analyst will create an 18-month sales forecast and purchase plan for all active, discontinued and new items worldwide by using Logility Value Chain solution software, New Product Planning and Inventory Planning applications. He/she will apply business and marketplace knowledge while maximizing sales of successful items, and minimizing inventory liabilities. The Senior Analyst will be responsible for optimizing sales and inventory turn with a focus on category objectives. He/She will support the success of key items and new product through proactive management of backorders and ensure sufficient inventory levels. He/She will create an 18-month worldwide acquisition schedule for all active and new product, and communicate planned purchases with the vendor on a monthly schedule. The Senior Analyst will collaborate with the vendor to ensure new product target launch dates are met and replenishment purchase orders are prioritized. He/She will communicate changing business needs and identify their impact on manufacturing and procurement.
The Senior Analyst will engage in solution based communication that ensures business needs are met. He/She will partner with Category Marketing, Global Merchandising Operations and Product Development to ensure the appropriate ratio of assortment count to sku productivity. He/She will partner with Global Merchandising and retail teams to support new store openings, market initiatives, and top selling styles through rebalances and purchase orders, and will communicate scarcity or excess inventory issues. The Senior Analyst will collaborate on new product launches to supply deliverables, ensuring target launch dates are met.
The Senior Analyst will utilize and share reports which monitor sales trends, inventory availability and accuracy of forecasts. He/She will work to ensure forecasts meet targets and inventory meets turn and ending inventory objectives. He/She will develop ad hoc reports as business needs dictate, including but not limited to focusing on key initiatives and new product.
The Senior Analyst will assist in training and development of Analysts and new hires, where feasible. He/She will share global planning knowledge and experience with outside groups. He/She will provide support, suggestions and be open to process change to improve efficiencies and add value to the business. He/She will propose innovative and creative solutions to conquer business challenges.
* Strong analytical skills
* Strong verbal and written communication skills
* Strong multi-tasking skills
* College education or equivalent experience
* Proficiency in Microsoft Excel and Windows environment
* Sound decision making skills
* 3-5 years previous merchandising experience
* Desire to work in a team-oriented environment
* Proficient in database software experience
* Previous merchandising experience
* Self motivated with strong drive for achievement
* Comfortable working in a highly dynamic environment
Associated topics: ad, brand marketing, capex, celebrity, invest, leverage, leveraging, media, publicist, social media marketing
* The salary listed in the header is an estimate based on salary data for similar jobs in the same area. Salary or compensation data found in the job description is accurate.
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