Job Description
RH at its core is about taste, and we believe the idea of scaling taste is large and far reaching.
The RH brand attracts the best designers, artisans, manufacturers and talent in our industry, scaling and rendering their work more valuable across our integrated platform, enabling us to curate the most compelling collection of luxury home furnishings in the world. We are moving the brand beyond curating and selling products to conceptualizing and selling spaces by building an ecosystem of products, places, services and spaces that elevates and establishes the RH brand as a global thought leader, taste and place Maker.
At RH we believe deeply that the “right” people are our greatest asset. We value people with high energy, who possess the ability to energize others. People who are smart, creative and have a point of view. People who see the answer in every problem, versus those who see the problem in every answer. People who are driven, determined and won’t take “no” for an answer. We value team players, people who are more concerned with what’s right, rather than who’s right.
YOUR RESPONSIBILITIES
- Live Our Vision, Values and Beliefs
- Lead the Inventory Planning team in a high growth business
- Lead the forecasting of sales, margin, markdowns, and inventory on a weekly/monthly basis
- Work directly with Vendor partners to secure Unit capacity and address In Stock challenges and/or procurement constraints
Pre-Season Inventory Planning: - Strategize, develop, and present annual and seasonal divisional financial plans.
- Partner with company planning and FPA in the establishment of divisional sales, margin, and inventory targets
- Collaborate with merchandising to support product strategies and vision.
- Provide seasonal and event recaps, as well as ad hoc analysis
- Direct the analysis of historical data and current trends to identify risk and opportunities by department, category, collection, and SKU
In-Season Inventory Planning: - Responsible for leading the forecasting process for all departments in division.
- Responsible for achieving all components of the financial plan including Demand, Net Sales, Margin and Inventory Turn
- Lead in-season forecasting of business to ensure adequate product flow to the business trends
- Analyze weekly/monthly business as part of the division to understand trends, issues, and opportunities to drive necessary actions
- Develop exit strategies for non-productive inventory to maximize GMROI
- Create and present divisional forecasts and action plans for monthly OTB meetings and Executive Business Reviews
OUR REQUIREMENTS
- Strong track record of successful operation and leadership of a large team with multiple divisions
- Prior experience as an Inventory Planner for a high-volume Retailer
- Experience top-down and bottom-up financial planning processes and systems and a clear understanding of financial measures: sales, gross margin, weeks on hand, weeks of supply etc. and how to maximize them
- Financially knowledgeable; will be responsible for department budgets
- 5+ years’ experience coupled with at least 5 years of leadership experience
- Previous experience with taking ownership to drive profitability of the division/departments and an understanding of how it impacts the total business is a must have
- Experience in Demand and Inventory Planning Systems, Micro strategy, and GTN is a plus
- Strong Excel skills and data analysis is required
About Us
RH is an equal opportunity employer and does not discriminate against any applicant on the basis of race, color, religion, national origin, gender, marital status, age, disability, sexual orientation, military/veteran status, or any other status protected by federal or state law or local ordinance.
At RH, we are committed to promoting pay equity. Rate of pay is determined based on each individual’s experience, qualifications, and the geographic location of the role.