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Sr. Director, Planning

Savage X Fenty

Savage X Fenty

El Segundo, CA, USA
Posted on Saturday, April 27, 2024

Job Description

Savage X Fenty is currently looking for a Sr. Director, Planning – Savage X Fenty.

Rihanna’s vision for Savage X Fenty has always been inclusivity, and empowering women to feel confident and express themselves through a little lace, a little corsetry and a little t-shirt bra. The Planning team’s mission is to deliver curated monthly collections that our customers love. We strive to have the proper inventory levels in all sizes, categories and fits to ensure the best in class user experience. Our roles, responsibilities and priorities are ever-changing as we support the rapid growth within Savage X Fenty. This team is analytical, forward-thinking, strategic, flexible and always has the members’ best interests at heart.

As the Sr. Director of Planning, you will be responsible for leading a team and supporting the rapid growth of Savage X Fenty with optimal inventory levels and margin results.

This position will report to the COO - Savage X Fenty.

Responsibilities:

  • Lead the planning team, including forecasting, OTB, promotional planning, category / SKU level analysis/ AUR/ AUC analyses
  • Develop and execute strategy for annual, seasonal and monthly merchandise plans for Savage X Fenty in collaboration with the merchandising team
  • Communicate monthly Open-to-Buy forecasts & supporting action plans as well as presentation of this data to Executive and Cross Functional teams
  • Manage the financial success of the department by meeting sales, and inventory goals; analyze historical data and current trends to identify risks and opportunities
  • Quantify in-season risks and opportunities by making the appropriate recommendations to merchant teams and management to drive results and increase profit
  • Provide insights and recommendations to key stakeholders for future season planning
  • Partner with marketing to develop monthly promotional plans to support revenue and margin targets in the budget, and appropriate level of inventory management
  • Partner with FP&A to accurately forecast out annual budgets and KPI assumptions
  • Responsible for building and maintaining in-season daily sales plans, reforecasting weekly as needed
  • Responsible for thoroughly communicating out to the executive team month end business results
  • Prepare innovative financial analysis for executive team as needed
  • Champion for driving cross-functional communication
  • Lead, inspire, and groom the planning team

Required Skills:

  • 10+ years of apparel planning experience, preferably in e-commerce
  • 5+ years’ experience as a people leader
  • Excellent presentation skills
  • Dynamic and powerful team leader
  • Ability to work in a fast-paced environment, managing analyses of multiple product lines
  • Expert with Retail Math and OTB planning
  • Proficient in Microsoft Office – advanced knowledge of Excel

Where We Are:

This role will be based in our El Segundo Headquarters on a hybrid schedule

Compensation, Benefits & Perks (Total Rewards)

At Savage X Fenty, we believe work and life should fit together! We continue to build a culture of flexibility to empower you to do your best and put yourself first. Our Total Rewards Program rewards employees for their hard work, supporting their health, well-being, families, and ultimately their life journey.

Total Rewards at Savage X Fenty include:

  • Hybrid Work Schedule*
  • Discretionary Paid Time Off*
  • Summer Fridays
  • Healthcare Plans
  • Calm App Subscription
  • Employee Discounts
  • 401K Plan
  • Annual Discretionary Bonus Plan
  • Equity Incentive Plan
  • And More

*Varied for retail and fulfillment roles

The annual base salary range for this position is from $175,300-$188,000. Offers to candidates are expected to fall within this range and will depend on the scope and complexity of the role, work experience, subject matter expertise, work location and other relevant factors.

#LI-LD

Savage X Inc. is an equal opportunity employer. We recruit, employ, compensate, develop, and promote regardless of race, national origin, religion, sex, sexual orientation, gender identity, age, disability, genetic information, veteran status, and other protected status as required by applicable. At Savage X Inc., we champion a vibrant workplace culture that thrives on diversity law and do not tolerate discrimination or harassment. We are one team from many backgrounds, innovating through diversity of individuals, who are driven by passion for creating an inclusive space for all. Savage X Inc. will continue to champion a workplace culture that prizes diversity and inclusivity.

We encourage you to apply regardless of meeting all qualifications and/or requirements.