About the role
Ralph Lauren Corporation (NYSE:RL) is a global leader in the design, marketing and distribution of premium lifestyle products in five categories: apparel, accessories, home, fragrances, and hospitality. For more than 50 years, Ralph Lauren's reputation and distinctive image have been consistently developed across an expanding number of products, brands and international markets. The Company's brand names, which include Ralph Lauren, Ralph Lauren Collection, Ralph Lauren Purple Label, Polo Ralph Lauren, Double RL, Lauren Ralph Lauren, Polo Ralph Lauren Children, Chaps, among others, constitute one of the world's most widely recognized families of consumer brands.
At Ralph Lauren, we unite and inspire the communities within our company as well as those in which we serve by amplifying voices and perspectives to create a culture of belonging, ensuring inclusion, and fairness for all. We foster a culture of inclusion through: Talent, Education & Communication, Employee Groups and Celebration.
Responsible for developing and presenting annual merchandise financial plans and seasonal Open to Buy; forecasting business based on changes in strategies or business climate and managing inventory to support updated forecasts.
- Assist in developing sales and receipt plans, ensuring alignment with target budgets, LRP targets, and overall objectives.
- Support the development of receipt flow targets by Label for the Buying team and recommend in-season delivery adjustments based on business trends and performance.
- Participate in Business Reviews and Forecast Meetings.
- Participate in preseason merchandising meetings and workshops to gain an understanding of merchandise strategy, fashion flow, and range selection, as applicable.
- Determine target class penetration mixes and initial seasonal projections, and contribute to Scorecard development through style-selling analysis and market insights.
- Maintain door profiles and volume cluster rankings that reflect the needs of each region.
- Manage Evergreen products, including order placement, sales trend monitoring, and inventory management.
- Develop an understanding of key competitors and evaluate the effectiveness of assortments in the marketplace.
- Communicate relevant insights and learnings to the Buying team to support assortment optimization.
- Review key business reports to assess assortment planning effectiveness, including sell-through analysis, sales-to-stock performance, concept selling, and other relevant metrics.
Requirements:
- Degree holder in Textile, Merchandising, Retail or related discipline
- 1 to 3 years planning / merchandising related experience.
- Strong computer skills including Excel, Word and merchandise planning system
- Ability to leverage AI tools and data-driven technologies to enhance planning efficiency, generate business insights, and support decision-making.
- Experience in fashion apparel industry preferred
- Excellent analytical and problem-solving skills
- Good communication and presentations skills on financial information and business strategies
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