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Merchandise Planning Associate, Children's DTC
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Company Description
At Ralph Lauren, we unite and inspire the communities within our company as well as those in which we serve by amplifying voices and perspectives to create a culture of belonging, ensuring inclusion, and fairness for all. We foster a culture of inclusion through: Talent, Education & Communication, Employee Groups and Celebration.
Position Overview
Essential Duties & Responsibilities
- Own and deliver financial outcomes (Sales, GM$, Inventory, Turn) through well-constructed assortment and inventory strategies grounded in historical trends, forward demand signals, and channel dynamics.
- Build, maintain, and continuously refine detailed style-level financial plans across pre-season and in-season horizons for the Evergreen assortment
- Translate high-level targets into actionable CC-level investment strategies, including depth, breadth, and lifecycle management.
- Identify and articulate risks and opportunities early, with clear recommendations to course-correct performance.
- Partner closely with Buying to shape assortments that are both brand-right and financially productive, proactively identifying gaps, redundancies, and opportunities.
- Quantify assortment architecture (style count, depth, size curves, attribute mix) to ensure alignment with financial targets and customer demand.
- Drive CC productivity through ongoing analysis of performance, lifecycle management, and rationalization decisions.
- Execute and continuously refine store clustering and attribute-based planning, ensuring assortments are localized and optimized.
- Own accuracy and integrity of planning inputs ensuring they reflect realistic demand and operational constraints (Evergreen item planners)
- Own inventory flow and lifecycle management from receipt to exit, ensuring optimal balance between availability and risk.
- Analyze and forecast sales and inventory at the style/CC level, adjusting strategies dynamically based on performance trends.
- Lead receipt management, reconciliation, and reflow decisions to maximize productivity and minimize aged inventory.
- Develop and execute markdown strategies at the program/concept/delivery level, grounded in margin optimization and inventory productivity—not just sell-through.
- Ensure focus-item availability strategies are properly supported through allocation and replenishment alignments.
- Drive consistency and rigor in planning processes, improving how decisions are made, communicated, and executed.
- Contribute to enhancements in tools, systems, and workflows that improve planning accuracy and efficiency.
- Maintain high standards of data integrity across all planning and reporting systems
- Actively identify opportunities to simplify processes and remove inefficiencies.
- Model accountability, ownership, and a results-driven mindset aligned with Ralph Lauren values.
- Act as a thought partner to Buying and Allocation, ensuring decisions are grounded in data, financial impact, and customer outcomes.
- Operate with a “plan owner” mentality, taking full accountability for outcomes rather than task execution.
- Communicate clearly and concisely, tailoring messaging to different audiences (peer, leadership, cross-functional).
- Adapt quickly to new tools, technologies, and evolving business needs.
Experience, Skills & Knowledge
- Enterprise Planning
- Global Insight reporting
- Microsoft Office Suite
- GFE+
- Future need for LRDP, EDP, MFP tools
- Strong command of retail math, inventory flow, and margin management
- Ability to connect financial outcomes to product and assortment decisions
- Advanced analytical and problem-solving capability, with attention to detail and data integrity
- Ability to operate at both strategic and tactical levels simultaneously
- Strong communication skills with the ability to influence without authority
- Highly organized with the ability to manage multiple priorities in a fast-paced environment
- Proven ability to build and maintain effective cross-functional relationships
