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Form of workWho we are
lululemon is a yoga-inspired technical apparel company up to big things. The practice and philosophy of yoga informs our overall purpose to elevate the world through the power of practice. We are proud to be a growing global company with locations across North America, Australia and New Zealand, Europe, and Asia. We owe our success to our innovative product, our emphasis on our stores, our commitment to our people, and the incredible connections we get to make in every community we are in.
About this team
As a member of the product team, Global Planning team is responsible for ensuring financial success of the company. They work closely with Merchandising and Allocations to understand new product trends (Merchandising) and regional/climate selling, size trends, and logistics (Allocations). 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).
A day in the life:
- Reporting directly to Manger, Strategic Sales Merchandise Planning, this position is responsible for category sales targets, markdowns, gross margin, planned purchases, turn and open to buy management
- Partner with the Merchants on the development of pre-season sales, markdown, margin, receipt and inventory. Develop assortment plans to the category level by country by channel. 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 in order to maximize sales, margin and inventory productivity Monthly plan review process: develop sales, markdown, receipt and inventory re-forecasts. Manage receipts and adjust inventory flow
- Forecast monthly and seasonal store plans for allocation, OTB Plan and store review. Communicate revisions within the team and cross functionally
- 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. hindsights, 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:
- Acknowledges the presence of choice in every moment and takes personal responsibility for their life.
- Possesses an entrepreneurial spirit and continuously innovates to achieve great results.
- Communicates with honesty and kindness, and creates the space for others to do the same.
- Leads with courage, knowing the possibility of greatness is bigger than the fear of failure.
- Fosters connection by putting people first and building trusting relationships.
- Integrates fun and joy as a way of being and working, aka doesn’t take themselves too seriously.
- 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)
workplace arrangement
This role is classified as Hybrid under our SSC Workplace Policy:
Hybrid
In-person collaboration is important, and much of the role can be performed remotely. Work is performed onsite at least 3 days per week.
