lululemon Planner, Strategic Sales Merchandise Planning

Description & Requirements

who we are

lululemon is an innovative performance apparel company for yoga, running, training, and other athletic pursuits. Setting the bar in technical fabrics and functional design, we create transformational products and experiences that support people in moving, growing, connecting, and being well. We owe our success to our innovative product, emphasis on stores, commitment to our people, and the incredible connections we make in every community we're in. As a company, we focus on creating positive change to build a healthier, thriving future. In particular, that includes creating an equitable, inclusive and growth-focused environment for our people.

about this team

As a member of the product team, the Global Planning team is responsible for ensuring financial success of the company. They work closely with Merchandising to understand new product trends as well as members of the Retail and Operations teams to understand and respond business product needs. The team monitors the business on a daily, weekly, monthly and quarterly basis, understanding changes in trend and reacting to the business to maximize sales and mitigate risk. The priority is to understand and protect the guest experience, followed by delivering profitable sales growth (comp and GM$s).

core responsibilities

Reporting directly to the Planning Manager, this position is responsible for category sales targets, gross margin, planned purchases, turn and open to buy management

• Partner with the Merchants on the development of pre-season sales, margin, receipt and inventory. Develop assortment plans to the category level by country by program. Develop projections and inventory flow for key items/collections
• Analyze and reflect current trends in performance of strategy based on actual sales performance; revise in-season plans for sales and profitability; control inventory levels. Make recommendations for key financial meetings/decisions to maximize sales, margin and inventory productivity. Monthly plan review process: develop sales, receipt and inventory re-forecasts. Manage receipts and adjust inventory flow
• Execute hind-sighting by analyzing historical data and presenting findings. Recap and analyze actual results on an on-going basis to understand core drivers; identify risks and opportunities and partner with cross-functional partners to respond appropriately. Provide ad-hoc analysis related to driving business goals (e.g. analyzing attribute trends, class mix)
• Exhibit initiative to look beyond the everyday business to look for opportunities to maximize sales potential. Provide other analysis related to driving business goals (e.g. hindsight's, etc.)
• Actively engage in a variety of projects depending on business needs. Proactively seek out self-improvement opportunities

qualifications

• Four-year college degree or equivalent required
• 3-5 years proven experience with data analysis
• Previous experience with merchandise and planning systems.
• Expert knowledge of Excel is required.

must haves

• Acknowledge the presence of choice in every moment and take personal responsibility for your life.
• Possess an entrepreneurial spirit and continuously innovate to achieve great results.
• Communicate with honesty and kindness and create the space for others to do the same.
• Lead with courage, knowing the possibility of greatness is bigger than the fear of failure.
• Foster connection by putting people first and building trusting relationships.
• Integrate fun and joy as a way of being and working, aka doesn't take yourself too seriously.

additional notes

Authorization to work in Vancouver is required for this role.

compensation and benefits package

lululemon's compensation offerings are grounded in a pay-for-performance philosophy that recognizes exceptional individual and team performance. The typical hiring range for this position is from $104,600 - 137,300 annually; the base pay offered is based on market location and may vary depending on job-related knowledge, skills, experience, and internal equity. As part of our total rewards offering, permanent employees in this position may be eligible for our competitive annual bonus program and, subject to program eligibility requirements.  

At lululemon, investing in our people is a top priority. We believe that when life works, work works. We strive to be the place where inclusive leaders come to develop and enable all to be well. Recognizing our teams for their performance and dedication, other components of our total rewards offerings include support of career development, wellbeing, and personal growth:

• Extended health and dental benefits, and mental health plans
• Paid time off
• Savings and retirement plan matching
• Generous employee discount
• Fitness & yoga classes
• Parenthood top-up
• Extensive catalog of development course offerings
• People networks, mentorship programs, and leadership series (to name a few)

Note: The incentive programs, benefits, and perks have certain eligibility requirements. The Company reserves the right to alter these incentive programs, benefits, and perks in whole or in part at any time without advance notice.

workplace arrangement

In-person collaboration and connection is important to our culture. Work is performed onsite, minimum 4 days per week.