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- Tasks: Manage global inventory and support Open to Buy activities at Burberry.
- Company: Burberry is a renowned British luxury fashion house, committed to creativity and sustainability.
- Benefits: Enjoy a collaborative culture, opportunities for innovation, and a focus on community impact.
- Why this job: Join a values-driven brand that champions creativity and offers a dynamic work environment.
- Qualifications: Extensive experience in global inventory planning and strong leadership skills required.
- Other info: Burberry is an Equal Opportunities Employer, welcoming diverse applicants.
The predicted salary is between 43200 - 72000 £ per year.
Join to apply for the Planning Manager, Inventory Planning role at Burberry
At Burberry, we believe creativity opens spaces. Our purpose is to unlock the power of imagination to push boundaries and open new possibilities for our people, our customers and our communities. This is the core belief that has guided Burberry since it was founded in 1856 and is central to how we operate as a company today.
We aim to provide an environment for creative minds from different backgrounds to thrive, bringing a wide range of skills and experiences to everything we do. As a purposeful, values-driven brand, we are committed to being a force for good in the world as well, creating the next generation of sustainable luxury for customers, driving industry change and championing our communities.
JOB PURPOSEBurberry is looking for an experienced Planning Manager to join the Inventory Planning team. In this position you will be accountable for managing inventory at a Global level, supporting all OTB activities within Burberry\’s planning organisation. You will embody the Burberry values and foster a culture of innovation and collaboration.
You will be accountable for:
Owning Open to Buy (OTB) and overall Group inventory management, by Region and Globally
Accountable for setting Product Margin targets aligned with Finance Group targets
Ensuring adherence to Inventory Targets and all Planning KPIs
Responsible for re-balancing Global Inventory
Accountable for Delist and Markdown strategy in line with OTB targets
RESPONSIBILITIES
Accountable for Global Inventory management activities including assessment of monthly Global OTB updates across all Channels (FP Stores, Digital, Outlet, Wholesale), in partnership with Outlet team
Lead the development of a comprehensive Global 4YP Inventory Strategy across the full product life cycle, across all Channels.
Prepare and deliver all OTB sign off presentations to SLT, up to c-suite, effectively communicating complex data and strategic recommendations to inform decision making.
Ownership of the centralised Global and Regional Rolling OTB for all Channels ensuring optimal inventory and productivity assumptions.
Define Global OTB parameters alongside Senior Manager of Inventory Planning, including Stock Turn and YE Inventory Targets for all Channels.
Partner with Finance to develop accurate and aligned Global and Regional revenue expectations, on which the OTB will be built.
Define and plan Regional Revenue and procurement targets at division level in partnership with Retail Merchandising, Collection Merchandising, Regional teams and Replenishment to support centralised seasonal OTB, as well as the market buy.
Provide FY and Seasonal Intake Margin guidance to Merchandising based on Group Finance Net Margin expectations to inform Range Plan and Seasonal intake margin targets.
Analyse and identify risks to overall sales margin, across all Channels, proactively escalating risks to SLT.
Responsible for managing Global Safety Stock and Central Inventory Orders in partnership with Retail Merchandising and Replenishment team.
Propose and agree inventory rebalances to improve Global sell through across Regions.
Define Global Markdown and Delist strategy, working to minimise revenue and inventory risk, working closely alongside the Outlet team to ensure adherence to Regional inventory targets and liquidation strategies.
PERSONAL PROFILE
Extensive experience demonstrating excellence across all aspects of Global inventory planning, at a manager level
Effective communication skills, with proven experience in influencing with credibility up to C-suite
Strong leadership skills: inspiring, energising and instilling a culture of innovation, collaboration and accountability
Creative, innovative and customer-oriented when faced with business challenges
Dynamic and collaborative style, able to build positive working relationships with cross‐functional teams and translate strategic direction to all levels of the organisation
Exceptional attention to detail and analytical skills
Burberry is an Equal Opportunities Employer and as such, treats all applications equally and recruits purely on the basis of skills and experience.
Seniority levelMid‐Senior level
Employment typeFull‐time
Job functionRetail Luxury Goods and Jewelry
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Planning Manager, Inventory Planning employer: Burberry
Contact Detail:
Burberry Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Planning Manager, Inventory Planning
✨Tip Number 1
Familiarise yourself with Burberry's values and mission. Understanding their commitment to creativity and sustainability will help you align your responses during interviews, showcasing how your experience and vision fit within their culture.
✨Tip Number 2
Prepare to discuss your previous experience in global inventory management in detail. Be ready to share specific examples of how you've successfully managed OTB activities and improved inventory performance in past roles.
✨Tip Number 3
Network with current or former employees of Burberry, especially those in planning or inventory roles. They can provide valuable insights into the company culture and expectations, which can help you tailor your approach.
✨Tip Number 4
Demonstrate your analytical skills by preparing to discuss how you've used data to inform decision-making in inventory planning. Highlight any tools or methodologies you've employed to analyse sales margins and inventory risks.
We think you need these skills to ace Planning Manager, Inventory Planning
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities and requirements of the Planning Manager position at Burberry. Tailor your application to highlight your relevant experience in global inventory management and your ability to communicate complex data effectively.
Craft a Compelling CV: Your CV should clearly showcase your extensive experience in inventory planning, leadership skills, and any achievements that demonstrate your ability to influence at a senior level. Use quantifiable metrics where possible to illustrate your impact in previous roles.
Write a Strong Cover Letter: In your cover letter, express your passion for Burberry's values and commitment to sustainability. Highlight specific examples from your past that align with the company's mission and demonstrate your innovative approach to inventory management.
Proofread and Edit: Before submitting your application, thoroughly proofread your documents for any spelling or grammatical errors. A polished application reflects your attention to detail, which is crucial for the role of Planning Manager.
How to prepare for a job interview at Burberry
✨Understand Burberry's Values
Before your interview, take some time to familiarise yourself with Burberry's core values and mission. Show how your personal values align with theirs, especially regarding creativity, sustainability, and community engagement.
✨Prepare for Data Presentation
As a Planning Manager, you'll need to present complex data effectively. Practice summarising key points from your past experiences in inventory management and be ready to discuss how you would approach OTB sign-off presentations.
✨Demonstrate Leadership Skills
Burberry is looking for someone who can inspire and energise teams. Prepare examples of how you've led cross-functional teams in the past, focusing on collaboration and innovation to solve business challenges.
✨Showcase Analytical Abilities
Highlight your attention to detail and analytical skills during the interview. Be prepared to discuss specific instances where you've identified risks in inventory management and how you addressed them to improve overall sales margin.
