Senior Manager, Buying & Allocation
VF Corporation
Role & Responsibilities:
Reporting to the Head of Planning, this role leads the Buying and Allocation Team for Direct-to-Consumer channels. This key role will drive sales, profitability, and brand growth by collaborating with leadership and cross-functional teams. Responsible for developing and executing buying strategies, managing inventory, and allocating merchandise to ensure optimal sales and profitability.
Key Result Areas:
**Buying**
+ **Accountable for overall categories achievement of financial category** **&** **classification targets** , inventory levels, margins, turns, and productivity.
+ **Manage** **the Open-To-Buy** by category according to buying strategy, financial target, and historical analysis.
+ **Determine** **strategies and tactics** to achieve collaboratively owned targets forseasonal buy, revenue growth targets and inventory management.
+ **Oversee** **DTC buy** **ing strategic** through depths & width, lead the reconciliation, adjustment during regional buy roll up and serve as the primary decision maker during final buy gate on SCO adoption.
+ **Ensure inventory plans tie to merchandise plans & company budget** ; identify business opportunities (e.g. by style and price point)
+ **Partner with Retail Planning to** **establish** **product plans** for each season in $ and unit based on Merchant’s Assortment Range.
+ **Own and** **Drive** seasonal newnessdepth planningand determine appropriate order depth.
+ **Collaborate with** **Category** **Planning** Team to provide key insight on 24-monthMerchandise Finance Plan rolling & drive high commonality across the region
+ **Define and** **monitor** **key performance indicators** (KPIs) that not only track performance but drive business performance, identifying opportunities for continuous improvement.
+ **Leverage data-driven insights** to inform critical decisions in merchandise planning, inventory management, and allocation to maximize profitability and reduce operational risk.
+ **Lead team of buyers and allocator** in driving sales optimization and inventory turn by through consolidations and model stock levels by store to drive improve stock availability, productivity, achieve sell through targets, and reduce overall markdown exposure.
+ **Lead and drive Size-Curve** Analytics to drive productivity.
+ **Develops positive and influential relationships with the core cross functional team** (Merchandising, Demand and Supply Planning, Marketing) to ensure consensus to buy investment and inventory levels required to support regional needs.
**Allocation**
+ **Oversee the allocation** **strategy** for all seasonal and core product across DTC channel
+ **Establish strong relationships cross functionally** to resolve allocation exceptions that are escalated due to sales performance or supply changes.
+ **Provides visibility to product launch readiness** for our sales channels and works collaboratively with supply planning, logistics, and distribution to ensure demand is met at launch
+ **Leads Allocation Planners and Sr. Allocation Planners** through clear goal setting and supports in resolving exceptions to meet their responsibilities
+ **Reviews implications to changes in demand/ supply week over week** within the allocation analysis and drives resolution.
+ **Reviews missed demand projections and** **identified** **deficiencies** with Demand. Buying & allocation planners to resolve.
+ **Direct team** **on** **inventory movements** required to support business needs, effectivelyplan and execute the transitional period between seasons to deliver full floor set refreshes in inline and cohesive collection launches in Outlets
+ **Owns analysis of inventory opportunities and recommending actions** to optimize inventory throughout the product lifecycle.
+ **Owns and drives improvements in allocation process** to leverage new tools and enhancements in support of optimizing supply.
+ **Monitor new store performance after opening** , communicate with new store team and cross functional team to ensure optimal inventory levels are maintained. Ensure new stores open with the correct assortment and appropriate inventory levels as determined by the new store plan and buying strategy.
+ Lead team to manage front and back of the house capacity to drive retail excellence
+ **Facilitates weekly and monthly checkpoints with** **marketplace** to ensure allocation is meeting forecasted needs, where there are shortages or excess inventory to escalate and take additional courses of action
+ **Escalates related demand/supply issues** that impact allocation planning
+ Participate in cross functional team projects to facilitate change and improvement with processes, systems, & people
+ **Develop and** **maintain** **a good understanding of store profiles** inclusive of master data, lead time management and location delivery requirements to improve the allocation process, cluster the stores into categories and continually improve the allocation process.
Competency Requirements:
+ **Strategic vision** - ability to articulate a clear, long-term strategy
+ **Strong analytical skills with** **expertise** in retail Buying, Allocation and Forecasting
+ **Solid understanding of retail operations, merchandising, and supply chain planning** within a fast-paced regional environment.
+ **Strong ability to balance statistical analysis with business judgment** to drive demand planning accuracy and strategic decision-making.
+ **Excellent communication, collaboration, and presentation skills** , with the ability to influence cross-functional stakeholders and senior leadership.
+ **Ability to navigate complexity and uncertainty** , adapting to shifting market conditions and business needs.
+ **Exhibits** **professionalism,** **honesty,** **integrity,** **curiosit** yandrespectinalldealingswithteammembers
+ **Self-motivated, team player** , quick learner, positive attitude, ability deal with heavy workload and stress at times, good communicator, great sense of proactivity, challenges the status quo.
+ **Effective leadership skills, driving results with minimal direction** , and managing teams to execute innovative strategies.
+ **Able to work under pressure** with multiple tasks simultaneously while meeting tight deadlines
Experience
Minimum Relevant Experience: Minimum 10 years’ experience Retail Planning, Allocation and Buying.
Minimum Supervisory Experience: 5 years of experience
Academic Qualifications
Minimum Degree Held: Bachelor’s degree in business or finance.
Language Proficiency:
Fluent in English and Mandarin
Specific Working Conditions
Frequency of Travel: As required
Other Specific Working Conditions:
_*If the_ _position_ _requires a person to work in special working conditions this should be_ _stated_ _in the_ _position_ _description. Special working conditions cover a range of circumstances from regular evening and weekend work, shift work, working outdoors, working with challenging clients, and so forth_
R-20250422-0029
VF Diversity Vision Statement
VF is committed to creating an inclusive environment that welcomes and values the differences among all of our associates, customers, suppliers and the communities in which we live and conduct business. The continued success and growth of VF is enhanced through initiatives that promote diversity throughout VF around the world.VF is an equal employment opportunity/ affirmative action employer of minorities, females, protected veterans and the disabled. VF is committed to providing equal opportunities in employment, and treating our VF associates and VF applicants without discrimination on the basis of their race, color, gender, age, national origin, religion, sexual orientation, gender identity or expression, marital status, citizenship, disability, protected veteran status, HIV/AIDS status, or any other legally protected factor.
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