Timberland: Senior Planner Margin & Profitability

At Timberland, we’re a force of nature. We’re a team that steps outside, works hard together, and moves the world forward. The brand is widely recognized as the arbiter of boot culture. With a rich heritage of craftsmanship and an eye toward the future, Timberland has a decades-long commitment to make products responsibly, protect the outdoors, and build community.

 

So, before we get to the job details, take a minute to learn a little more about us – our values and our culture. If you can see yourself working side-by-side with an team of fun, adventure-loving people, Timberland just may be the place for you. 

 

To learn more about our values and our culture, visit Timberland Careers or www.timberland.com.

 

Sr. Planner Margin & Profitability (Timberland)

What will you do?

A day in the life of a Sr. Planner Margin & Profitability at Timberland looks a little like this.

The primary responsibility of the Sr. Planner Margin and Profitability is to support the development and implementation of tools/processes to drive product classification margin strategy, champion revenue growth and margin management principles , and improving profitability. You will work closely and collaboratively with Global Product leaders, Planning, Supply Chain, GTM and Finance departments in creating the strategy and the executional plan to achieve brand strategic, financial, and distribution products goals.

Reporting to the Head of Planning, you will help and drive the monitoring and managing of pricing strategy and profit related decisions, through the go-to-market cycle, to meet the gross margin business requirements and while consumer/marketplace price elasticity trends.

Let’s break down that day-in-the-life a bit more.

• Support the Planning team in developing analytical framework used to inform strategically and tactically merchandising strategies, providing qualitative and quantitative analysis on business and product performance, globally and regionally.

• Conduct global analysis of essential product KPIs with visibility to long-term risk and opportunity and in the context of Brand and Market strategies

• Research macroeconomic and industry trends that impact the margin and pricing approach

• Develop, update, and maintain evaluation and pricing strategies to test and deploy best practices constantly

• Collaborate with other functions and senior management to evaluate the cost/benefit of different pricing models to maximize and scale margin, on both new and carryover products

• Work with complex data sets to help the business determine and set competitive prices to gain market share, achieve revenue goals and optimize margin

• Working cross-functionally to develop product, go-to-market strategy, profit and loss, and pricing strategies globally

• Ensure product merchandising plans by product category and classification align with financial and brand strategies, partnering with Global category team to track progress against target, to achieve global and regional revenue & margin goals

• Build Financial modeling to calculate impacts of potential business strategies

• Ad hoc reporting and special projects, primarily related to understanding product costs, factory output, and the enhancement of financial performance

• Support identifying target across product line, through design and development phases and at concept stage, ensuring that the Global and regional product teams clearly understand target fabric, trims, and labor costs to achieve the desired margin

• Be the ‘go-to’ person for all pricing/profit queries from design, development, merchandising, supply teams and finance

• Support the team in translating global strategic targets into seasonal and product specific targets, partnering with business leaders to build/elevate global margin planning process with clear visibility around demand, price, and costs for key platforms

• Partner with global Merchandising to suggest corrective actions by region in relation to pricing; support teams to hit necessary costs/margins, perform variance analysis and develop the tools necessary to analyze the market competition across the globe

• Collaborate to identify risks and opportunities throughout the line and GTM process

• Provide costing and margin reporting where and when appropriate, for business decision making and planning, keep global leadership informed of challenges/issues

• Reconcile margins against financial targets (consider volumes, COO), identify outliers, follow up for resolution

• Working closely with PD and Merchandising to identify opportunities to improve margin on new and carryover products, ensuring costs are available in line with critical path, from predictive through to latest factory quoted costs

• Liaise with regional Finance and Operations team on revenue, pricing and profit/margin analysis whenever required

What do you need to succeed?

We all have unique skills that we bring to work and celebrate every day. For this role, there are foundation skills you’ll need to succeed and excel. Additionally, this role require 6+ years of experience and professional achievements in pricing, costing, merchandise planning, forecasting, or buying and 3+ years of experience in the fashion industry along with a Bachelor’s degree

The foundation skills you will need in this position are:

• Experience and proven ability in coaching, mentoring, and leading a team of direct reports

• Experience with Microsoft Office Suite – very strong knowledge of Excel required

• Edited, NPD, Tableau and BI reporting tools expertise

• Experience product forecasting, statistical modeling and/or strategic planning

• Strong analytical skills and ability to communicate analysis to broad audience

• Highly analytical and strategic leader capable of both high-level thinking and engaging in detailed models, with proven experience in pricing and costing data analytics

• Strong communication skills both verbal and written

• Strong organizational skills and the ability to juggle multiple priorities and deadlines

• Strong business acumen – can address challenges to guide practical and meaningful change in the business

• High process orientation – can identify opportunities and transform ways of working across groups

• Ability to work some flexible hours because of varying time zones and regions

• Ability to work with others as part of cross-functional team, build consensus, and achieve results across a variety of distinct groups. 

Now WE have a question for YOU.

Are you in?

Hiring Range:

$84,000.00 USD - $105,000.00 USD annually

Incentive Potential: This position is eligible for additional compensation awards that may include an annual incentive plan, sales incentive, or commission potential. Specific details of the additional compensation eligibility for this position will be provided during the recruiting and interview process.

Benefits at VF Corporation: You can review a general overview of each benefit program offered, including this year's medical plan rates on www.MyVFbenefits.com  and by clicking Looking to Join VF? Detailed information on your benefits will be provided during the hiring process.

Please note, our hiring ranges are determined and built from market pay data. In determining the specific compensation for this position, we comply with all local, state, and federal laws.

At VF, we value a diverse, inclusive workforce and we provide equal employment opportunity for all applicants and employees. All qualified applicants for employment will be considered without regard to an individual’s race, color, sex, gender identity, gender expression, religion, age, national origin or ancestry, citizenship, physical or mental disability, medical condition, family care status, marital status, domestic partner status, sexual orientation, genetic information, military or veteran status, or any other basis protected by federal, state or local laws. If you require accommodations during the application process, please contact us at peopleservices@vfc.com. VF will provide reasonable accommodations for qualified individuals to the extent required by applicable law.

Pursuant to all applicable local Fair Chance Ordinance requirements, including but not limited to the San Francisco Fair Chance Ordinance, VF will consider for employment qualified applicants with arrest and conviction records.