Senior Planner Margin and Profitability
$90.72k - $113.4kThe North Face
The North Face was built on a love for the outdoors and the desire to enable all types of exploration, for all people, from their backyards to the Himalayas. Over the last 50 years we've lived by our "true north," the belief that exploration has the power to change us, to challenge us and to help us see the world from new perspectives. To help ignite a global movement of outdoor exploration, love for the natural world and an unwavering commitment to protect it, we welcome and encourage new participants to the outdoors. We extend our reach through support of non-profit organizations, establishing programs that connect participants with close-to-home recreation opportunities, and creating a connection with young leaders, inspiring them to explore and conserve.
The North Face: Sr Planner Margin & Profitability
- Support the Planning team in developing analytical framework used to inform strategically and tactically merchandising strategies, providing qualitative and quantitative analysis on business and product performance, globally and regionally
- Conduct global analysis of essential product KPIs with visibility to long-term risk and opportunity and in the context of Brand and Market strategies
- Research macroeconomic and industry trends that impact the margin and pricing approach
- Develop, update, and maintain evaluation and pricing strategies to test and deploy best practices constantly
- Collaborate with other functions and senior management to evaluate the cost/benefit of different pricing models to maximize and scale margin, on both new and carryover products
- Work with complex data sets to help the business determine and set competitive prices to gain market share, achieve revenue goals and optimize margin
- Working cross-functionally to develop product, go-to-market strategy, profit and loss, and pricing strategies globally
- Ensure product merchandising plans by product category and classification align with financial and brand strategies, partnering with Global category team to track progress against target, to achieve global and regional revenue & margin goals
- Build Financial modeling to calculate impacts of potential business strategies.
- Ad hoc reporting and special projects, primarily related to understanding product costs, factory output, and the enhancement of financial performance.
- Support identifying target across product line, through design and development phases and at concept stage, ensuring that the Global and regional product teams clearly understand target fabric, trims, and labor costs to achieve the desired margin.
- Be the 'go-to' person for all pricing/profit queries from design, development, merchandising, supply teams and finance.
- Support the team in translating global strategic targets into seasonal and product specific targets, partnering with business leaders to build/elevate global margin planning process with clear visibility around demand, price, and costs for key platforms.
- Partner with global Merchandising to suggest corrective actions by region in relation to pricing; support teams to hit necessary costs/margins, perform variance analysis and develop the tools necessary to analyze the market competition across the globe.
- Collaborate to identify risks and opportunities throughout the line and GTM process.
- Provide costing and margin reporting where and when appropriate, for business decision making and planning, keep global leadership informed of challenges/issues.
- Reconcile margins against financial targets (consider volumes, COO), identify outliers, follow up for resolution.
- Working closely with PD and Merchandising to identify opportunities to improve margin on new and carryover products, ensuring costs are available in line with critical path, from predictive through to latest factory quoted costs.
- Liaise with regional Finance and Operations team on revenue, pricing and profit/margin analysis whenever required.
- 6+ years of experience in pricing, margin management, merchandise planning, forecasting, or buying
- 3+ years of experience in the apparel or fashion industry preferred
- Strong expertise in Excel-based financial modeling and data analysis
- Experience working with BI tools (Tableau, NPD, Edited or similar)
- Proven ability to influence cross-functional partners using insights and data
- Strategic mindset with the ability to dive deep into detail when needed
- Comfortable working across global teams and time zones
Hiring Range:
$90,720.00 USD - $113,400.00 USD annually Incentive Potential : This position is eligible for additional compensation awards that may include an annual incentive plan, sales incentive, or commission potential. Specific details of the additional compensation eligibility for this position will be provided during the recruiting and interview process. Benefits at VF Corporation : You can review a general overview of each benefit program offered, including this year's medical plan rates on and by clicking Looking to Join VF? Detailed information on your benefits will be provided during the hiring process. P lease note, our hiring ranges are determined and built from market pay data. In determining the specific compensation for this position, we comply with all local, state, and federal laws. At VF, we value a diverse, inclusive workforce and we provide equal employment opportunity for all applicants and employees. All qualified applicants for employment will be considered without regard to an individual's race, color, sex, gender identity, gender expression, religion, age, national origin or ancestry, citizenship, physical or mental disability, medical condition, family care status, marital status, domestic partner status, sexual orientation, genetic information, military or veteran status, or any other basis protected by federal, state or local laws. If you require accommodations during the application process, please contact us at View email address on click.appcast.io. VF will provide reasonable accommodations for qualified individuals to the extent required by applicable law. Pursuant to all applicable local Fair Chance Ordinance requirements, including but not limited to the San Francisco Fair Chance Ordinance, VF will consider for employment qualified applicants with arrest and conviction records.
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