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Manager, Product Planning
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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
Ralph Lauren Corporation (NYSE:RL) is a global leader in the design, marketing and distribution of premium lifestyle products in five categories: apparel, accessories, home, fragrances, and hospitality. For more than 50 years, Ralph Lauren's reputation and distinctive image have been consistently developed across an expanding number of products, brands and international markets. The Company's brand names, which include Ralph Lauren, Ralph Lauren Collection, Ralph Lauren Purple Label, Polo Ralph Lauren, Double RL, Lauren Ralph Lauren, Polo Ralph Lauren Children, among others, constitute one of the world's most widely recognized families of consumer brands.
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.
The Integrated Business Planning (IBP) organization will leverage talent to evolve our culture and align our process for greater connectivity. The objective of the IBP Program is to transform planning through connectivity, automation and predictive analytics The newly established IBP team will consist of Product, Demand and Supply Planning. The Product Planning Team is the process owner for maintaining our product plans. This is done by setting the assumptions for non-organic growth/decline for all our product categories across global regions & channels. We will be continuously partnering with Demand & Supply Planning teams within IBP to ensure synergies across our plans & organization.
Essential Duties & Responsibilities
- Build product plans and own SKU planning and SKU analysis.
- Secure assumptions on SKU counts and price architecture, in partnership with category leads.
- Monitor those assumptions during the development period to look for anomalies.
- Collaborate with Brand Merchandising teams to establish, track and support key brand strategic initiatives to achieve the brand vision and support growth.
- Identify, track and garner insights through SKU analysis, SKU productivity, top line selling, hind sighting.
- Track products in their portfolio and flag specific products for an in-depth review & strategy build out
- Integrate advice and input on decisions regarding product retainment, refreshment or removal
- Develop portfolio segmentation methodology & optimization process through creative problem solving, as the business necessitates
- Implement and orchestrate touchpoints and tools to support the cross-functional teams and facilitate decision- making in line with the brand strategy
Experience, Skills & Knowledge
