Job Details
Founded in 2014, Rhone is a performance lifestyle brand dedicated to championing mental fitness. Engineered for optimal style, comfort, and performance, our clothing is designed to enhance every aspect of the active individual's life. Led by brothers Nate & Ben Checketts, Rhone is fueled by a clear vision: positively impacting lives through a commitment to physical and mental fitness, inspiring community, and crafting performance-driven products. Rhone's purpose is straightforward yet impactful: to inspire those who challenge themselves in their relentless pursuit of progress. In addition to a robust E-commerce business and a strong wholesale presence, Rhone currently has 15 retail stores across the U.S., all of which are used for building community through various initiatives such as the brand's signature Mind & Muscle events. More information can be found at www.rhone.com
About the role:
The VP of Planning and Allocation will be responsible for leading the overall inventory strategy across all of Rhones channels including eCommerce, Wholesale, Retail (full price and outlet), and Marketplace. They
will be responsible for optimizing sales, margin, and inventory turnover through effective planning, forecasting, and inventory management and will play an important role in the transformation of processes, systems, and methods of working to drive this rapidly growing business, now both Mens and Womens.
The ideal candidate for Rhone is gritty, guided by principle, driven to succeed and consistent in showing up for themselves and their loved ones. They are
hands-on and enjoy working in a highly creative and collaborative environment.
What youll do:
Lead the Inventory Planning function for all Rhone revenue channels through the entire product lifecycle to achieve key inventory and profitability goals.
In partnership with the Merchandising team, develop and implement inventory planning strategies aligned with Rhones sales and margin goals, market trends, and customer demand.
Create monthly financial plans at division, category, and season code levels for fiscal time periods.
Manage the inventory liquidation process by optimizing our omni-channel distribution, balancing
seasonal liabilities and product conversion strategies.
Partner with merchandising on life cycle management, balancing ecommerce promotional opportunities, outlet seasonal introductions and maximizing margin recovery.
Collaborate with Ecommerce, Retail, and Wholesale teams to ensure that financial objectives align with product opportunities; create style level demand plans in partnership with channel leaders; closely monitor changes in demand and course correct with product development to maximize selling trends where necessary.
Maximize newly adopted technology to leverage historical data, AI and market insight for current and expected trends to inform inventory buys. Lead quarterly Investment review.
Lead monthly S&OP meeting with cross functional leadership team to provide sales and monthly inventory insights. Guide the team on forward looking forecasts for key categories and franchises, including anticipated inventory supply to support key initiatives.
Work with Rhones leadership team and other key partners to develop, establish and improve processes and tools, and that support a multi-channel business
Lead, develop, and manage direct reports to support succession planning initiatives.
What youll bring
:
12+ years of professional experience in inventory planning and/or other analytic field
Experience leading an omni-channel business including wholesale, Ecommerce, full price retail and outlet retail; apparel experience preferred
8+ years supervisory role/experience managing people with proven ability to build relationships and lead and develop teams
Strong command and business acumen, highly analytical and curious and proficient in forecasting, financial analysis, and inventory management
Excellent verbal and written communication and presentation skills including presenting complex material
Strong interpersonal and organizational skills with the ability to to work collaboratively and cross-functionally
Strong project management skills and the ability to deliver results
An entrepreneurial attitude, and a passion for working on fast-paced, dynamic teams
Advanced proficiency in Excel, Word, PowerPoint
Experience with merchandise planning software and tools a plus
What youll get:
Competitive Compensation
401k Incentive Savings Plan
Health, Dental, Vision, and other Ancillary Benefits
Open PTO Policy
Generous employee discount with semi-annual gift card allotments
Job Type: Full Time
Reports to: Chief Operation Officer/ Chief Financial Officer
Location: Stamford, CT - Hybrid
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