The Estee Lauder Companies logo

SRP Senior Manager

The Estee Lauder Companies

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At a glance

Compensation
No compensation found
Location
Melville, NY
Work Authorization
Not specified

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Job overview

The role drives business through strategic merchandise planning, inventory management, reporting and analysis, developing and leading brand merchandise financial plans for e‑commerce, forecasting, and supporting sales targets for multiple brands.

Skills & qualifications

RequiredNice to have

Qualifications

7+ Years of Relevant Experience in Ecommerce and or Retail InventoryAdvanced Excel and Analytical SkillsStrong Understanding of Time Phased Forecasting and Replenishment SystemsSap/Apo a PlusAbility to Analyze and Review Large Amount of Data in ExcelAbility to Work Quickly on Ad‑Hoc Reporting and Analyzing Data in Real TimeKnowledge of Inventory Models and MetricsDeep Understanding of Retail Planning and Inventory Management NeedsStrong Communication SkillsSelf‑Starter and Ability to Work IndependentlyMotivated and Driven, Quick LearnerTeam Player

Full job description

Description

This role is responsible for driving the business through strategic merchandise planning, controlled inventory management, actionable reporting and insightful analysis. This position will develop and lead the execution of the brand merchandise financial plans for E⁃Commerce including sales, product margin, receipts, and inventory.

The role will lead the seasonal merchandise planning process which requires analyzing current business trend, market data, historical data, and recommending strategies, course corrections and improvements based on these assessments. The individual works together with their ecommerce team counterparts and plays a critical role in achieving sales targets by ensuring overall merchandising support for 5 or more brands.

Responsibilities

Forecasting (40%)

  • Manage the monthly replenishment forecasts for basic products at the sku level ensuring a never out of stock strategy through strong forecast accuracy and in⁃season management.

  • Own "bottoms up" planning by category, assortment and buy plans to achieve financial plans.

  • Drive detailed weekly analysis & reporting that leads to clear actions to drive the business in support of sell⁃through and revenue goals set for brand.

  • Work effectively as a member of a cross⁃ functional department team (Merchandising/Ecommerce, Planning, & Allocation) by focusing on team objectives and communicating clearly.

  • Manage category monthly identifying key risks and opportunities including clear actions to drive performance in key metrics with focus on sales, margin and inventory turn.

  • Reforecast business in⁃season based on current performance, present revised projections and recommendations to cross⁃functional partners and senior leadership.

  • Partner with brands and cross⁃functional teams in identifying risks and capitalizing on business opportunity.

  • Merchandising and demand planning to forecast new product launches based on business performance and industry trends.

  • Assist teams with tracking and pricing excess inventory to sell quickly.

  • Present to and regularly interact with senior team leaders, including VPs and SVP/GM.

  • Act as lead for ad⁃hoc division⁃wide projects.

Collaboration with E⁃commerce/Marketing teams (30%)

  • Work closely with Merchandising/E⁃commerce teams and Business Planning to identify sales opportunities through effective strategic planning and product level analysis.

  • Participate in pre⁃season strategy including robust hind⁃sighting as well as participate in pre⁃season strategy through partnership with E⁃commerce team.

  • Team with ecommerce to have in⁃depth knowledge of marketing programs including new launches to understand impact on sales and inventory needs.

  • Review inventory requirements for promotions i.e., Friends & Family, GWP, Black Friday, Cyber Monday Inventory.

Management (20%)

  • Forecast inventory monthly to ensure proper inventory levels are maintained by consistently reviewing weeks of supply, sell thru and trend.

  • Plan, Manage, Communicate, and Execute Returns of Goods on discontinued items, and post⁃holiday items.

  • Identify regional stock transfers based on business needs and review out of stocks on a weekly basis.

Reporting (10%)

  • Sales reporting

  • Sell⁃through reporting

  • Inventory reporting

  • New launch SKU requirements

  • Historical analysis

  • SKU analysis

Qualifications

  • 7+ years of relevant experience in Ecommerce and or retail inventory

  • Advanced Excel and analytical skills

  • Strong understanding of time phased forecasting and replenishment systems

  • SAP/APO a plus

  • Ability to analyze and review large amount of data in Excel

  • Ability to work quickly on ad⁃hoc reporting and analyzing data in real time

  • Knowledge of inventory models and metrics

  • Deep understanding of retail planning and inventory management needs

  • Strong communication skills

  • Self⁃starter and ability to work independently

  • Motivated and driven, quick learner

  • Team player

  • Ability to work in fast⁃paced environment

  • Sense of Urgency, Proactive, Attention to Detail

  • Can⁃do attitude, Willingness to learn, Problem solver

Equal Opportunity Employer

It is Company's policy not to discriminate against any employee or applicant for employment on the basis of race, color, creed, religion, national origin, ancestry, citizenship status, age, sex or gender (including pregnancy, childbirth and related medical conditions), gender identity or gender expression (including transgender status), sexual orientation, marital status, military service and veteran status, physical or mental disability, protected medical condition as defined by applicable state or local law, genetic information, or any other characteristic protected by applicable federal, state, or local laws and ordinances. The Company will endeavor to provide a reasonable accommodation consistent with the law to otherwise qualified employees and prospective employees with a disability and to employees and prospective employees with needs related to their religious observance or practices. Should you wish to apply for this position or any other position with the Company and you believe you require assistance to complete an application or participate in an interview, please contact [email protected].

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