Coach is a global fashion house founded in New York in 1941. Inspired by the vision of Creative Director Stuart Vevers and the inclusive and courageous spirit of our hometown, we make beautiful things, crafted to last—for you to be yourself in. Coach is part of the Tapestry portfolio – a global house of brands committed to stretching what’s possible. A member of the Tapestry family, we are part of a global house of brands that has unwavering optimism and is committed to being innovative and wholly inclusive. Visit Our People page to learn more about Tapestry's commitment to equity, inclusion, and diversity. Job Title: Manager, Inventory Management The successful individual will leverage their proficiency in Inventory Management by... - Developing the Open-To-Buy for the new season buy/Clearance/PCE/special event for Major Asia Market in collaboration with leadership, Finance, Brand Operations & Buying team. - Collaboration with key business partner to manage OTB, re-forecast (SMI/QO) process and liaise with key stakeholders to ensure accurate assumptions to meet inventory goals. o Buying- product metrics (AUR, Discount, AUC and etc.) trends, floor set change, delete flow o Finance (FP&A) -Topline sales estimates, promotions, key initiatives, business development impacts, etc. o Brand Ops – inventory rolling with MFP sales, receipt & transfer plan, target growth rate, write off, other measures through horizons - Being able to apply latest info to accurately build or re-forecast the OTB for the following metrics at dept./class level for the required horizon: o Sales$ and units o WOH o AUR/AUC o Discount rate/ Gross Margin/IMU o Shipments or production and excess o Inventory transfers o Aged inventory - Monitor the key metrics and OTB usage in the buy process and advice the revision for the new topline and key metrics assumptions - Being able to generate the Long Range Plan (LRP) for the channel by department and class in collaboration with leadership - Facilitate lifecycle & End of Life management, exit strategy, excess review, as well as inventory & capacity planning horizons from an Integrated Business Planning perspective - Have a solid understanding of the business trend, inventory situation through solid analysis on KPI measures, and recommend actions on inventory optimization - Run Analysis for different events and promotions to provide the insights to improve inventory productivity - Build database and develop model & stimulations in excel to assist any ad-hoc business analysis - Work with BI & IT to improve merchandise reporting & system enhancement to support merchandising strategies & business growth The accomplished individual will possess... - BA or BS degree in Business Accounting, Economics or Finance. - 5-8 years’ experience in Inventory Planning, demand planning, business planning, or buying experience. - Excellent communication, presentation skills are required; - Advanced computer skills in RPAS, SAP is a plus - Strong analytical skills to deep dive complex quantitative data and offer proactive solutions. - Fluent in English and Chinese. An outstanding professional will have... - Strategic vision and executional abilities - Strong entrepreneurial spirit - Excellence product sensibility, quick learning of market and trends - Team oriented with ability to multi-task and build partnership beyond own area of responsibility - Ability to take initiative, ownership, and accountability for business - Ability to react quickly with a strong sense of urgency - Able to work under stress with positive approach. - Understanding/exposure in regional roles in Asia Markets. Our Competencies for All Employees - Courage: Doesn’t hold back anything that needs to be said; provides current, direct, complete, and “actionable” positive and corrective feedback to others; lets people know where they stand; faces up to people problems on any person or situation (not including direct reports) quickly and directly; is not afraid to take negative action when necessary. - Creativity: Comes up with a lot of new and unique ideas; easily makes connections among previously unrelated notions; tends to be seen as original and value-added in brainstorming settings. - Customer Focus: Is dedicated to meeting the expectations and requirements of internal and external customers; gets first-hand customer information and uses it for improvements in products and services; acts with customers in mind; establishes and maintains effective relationships with customers and gains their trust and respect. - Dealing with Ambiguity: Can effectively cope with change; can shift gears comfortably; can decide and act without having the total picture; isn’t upset when things are up in the air; doesn’t have to finish things before moving on; can comfortably handle risk and uncertainty. - Drive for Results: Can be counted on to exceed goals successfully; is constantly and consistently one of the top performers; very bottom-line oriented; steadfastly pushes self and others for results. - Interpersonal Savvy: Relates well to all kinds of people, up, down, and sideways, inside and outside the organization; builds appropriate rapport; builds constructive and effective relationships; uses diplomacy and tact; can diffuse even high-tension situations comfortably. - Learning on the Fly: Learns quickly when facing new problems; a relentless and versatile learner; open to change; analyzes both successes and failures for clues to improvement; experiments and will try anything to find solutions; enjoys the challenge of unfamiliar tasks; quickly grasps the essence and the underlying structure of anything. Our Competencies for All People Managers - Strategic Agility: Sees ahead clearly; can anticipate future consequences and trends accurately; has broad knowledge and perspective; is future oriented; can articulately paint credible pictures and visions of possibilities and likelihoods; can create competitive and breakthrough strategies and plans. - Developing Direct Reports and Others: Provides challenging and stretching tasks and assignments; holds frequent development discussions; is aware of each person's career goals; constructs compelling development plans and executes them; pushes people to accept developmental moves; will take on those who need help and further development; cooperates with the developmental system in the organization; is a people builder. - Building Effective Teams: Blends people into teams when needed; creates strong morale and spirit in their team; shares wins and successes; fosters open dialogue; lets people finish and be responsible for their work; defines success in terms of the whole team; creates a feeling of belonging in the team. Coach is an equal opportunity and affirmative action employer and we pride ourselves on hiring and developing the best people. All employment decisions (including recruitment, hiring, promotion, compensation, transfer, training, discipline and termination) are based on the applicant’s or employee’s qualifications as they relate to the requirements of the position under consideration. These decisions are made without regard to age, ***, sexual orientation, gender identity, genetic characteristics, race, color, creed, religion, ethnicity, national origin, alienage, citizenship, disability, marital status, military status, pregnancy, or any other legally-recognized protected basis prohibited by applicable law.
