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Manager, Inventory Management

Coach

London, LND, GB

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. Tapestryhas unwavering optimism and is committed to being innovative and wholly inclusive. VisitOur People page to learn more about Tapestry's commitment to equity, inclusion, and diversity.

Primary Purpose: The Manager of Inventory Management for Coach Europe will lead the team to create, finalise, and execute the in-season Open-to-Buy (OTB) plan across Retail, Ecommerce, and Outlet channels. This role is instrumental in driving performance against sales and margin targets by optimising inventory across channels and maximising both pre-season and in-season stock. Reporting to the Tapestry Senior Director, Inventory Management & Allocation, the Manager will lead, develop and inspire a team of two, a Senior Inventory Management Planner and Inventory Management Planner.

The successful individual will leverage their proficiency in Inventory Management to:

• Lead annual inventory management for Coach Europe
• Conduct monthly sales reforecast against OTB plans, supporting with the evaluation of business performance and update of sales, shipments, inventory, GM%, DR% targets, and stock turn
• Drive total Europe inventory optimisation in line with global targets to support delivery of the Coach Europe Annual Operating plan and facilitate inventory optimisation
• Maintain and publish seasonal OTB, including sales, gross margin, shipment, inventory turn and W.O.H targets at department/class level
• Manage the carryover vs seasonal inventory strategy (NOOS management) in-season trading, driving risk and opportunity discussions
• Determine optimal multi-brand DC fulfilment at the time of seasonal buys (utilising planning system and tools)
• Utilise planning system management and ensure deliverables are met by the team
• Partner with Coach Buying teams to drive movement of aged inventory through relevant channels and share timelines with the business
• Collate and present inventory overviews and weekly trade to Global and Leadership teams
• Partner closely with the Finance team to align on short and long-term sales, gross margin, and inventory targets; support the monthly planning process with the goal of collaborative alignment

The accomplished individual will possess:

• 4+ years’ experience in inventory management/merchandise planning
• Highly commercial, numerate and analytical, and familiar with demand planning processes; operates with a clear command of key financial drivers in driving a business
• Advanced computer skills in Excel and retail planning systems e.g. RPAS, Cora, SAP
• Knowledge of the fashion or accessories luxury goods market
• Proven people management skills with the ability to effectively communicate, mentor and problem solve
• Organised and analytical with strong attention to detail
• Experience of working with a global company/brand
• Ability to manage own workload and effectively focus on multiple priorities
• Excellent collaborator with the desire to achieve team objectives and goals
• Experience working with European markets

What Coach can offer you:

• Hybrid working (3 days working from the office, 2 days remote)
• Option to finish early on a Friday (Flex Fridays)
• 1 Paid Volunteering Day per year and opportunities to volunteer with global projects
• Internal mobility & career progression
• Regular Social Events - Seasonal & Cultural
• Equity Inclusion & Diversity initiatives which include employee resource groups & regional inclusion council

Other benefits include:

• 25 days holiday in addition to bank holidays
• Annual Incentive Plan (company performance bonus)
• Multi brand discount up to 50% off
• Private Healthcare with health assessment (Bupa)
• Bupa rewards - Financial wellbeing support and wellness discounts
• Free 24/7 support for family building, fertility and menopause with Maven
• Employee Assistance Program
• Interest free season ticket loan
• Cycle to work scheme

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 moraleand spirit in theirteam; 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, sex, 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. Visit Coach at www.coach.com.

Job Segment: Fashion Retail, Outside Sales, Supply Chain, Demand Planner, Inventory, Fashion, Sales, Operations