About KHAITE:

KHAITE is a leading Luxury fashion brand based in New York City, known for its modern and luxurious designs. With a commitment to craftsmanship and attention to detail, we create high-quality clothing and accessories that celebrate individuality and empower our customers to express their unique style.

About the Role:

As the Director of Planning and Allocation, you will play a pivotal role in establishing and overseeing planning and allocation functions across Retail, E-Commerce, and Wholesale channels. Your strategic insights will drive global revenue and profit growth.

Location: Based in NYC

Responsibilities:

Global Planning and Allocation:

• Develop, update, and analyze various reports to monitor global business performance, including, but not limited to:
• Weekly selling reports (collection performance, by style selling)
• Chase and replenishment reports
• Liquidation and inventory reports
• Draw conclusions and build action plans for both short term and long-term business growth.
• Strategically build a best-in-class chase and replenishment program for the global business.
• Manage stock from initial allocation through the end-of-life cycle of merchandise, including:
• Overseeing global inventory levels based on store capacity, attributes, seasonality, and selling curves.
• Developing a strategy for liquidation of aged stock via sample sales and off-priced distributors. Prepare weekly reports to leadership to ensure visibility and understanding of sales trends and stock positions.
• Providing data and insights to merchandising to support decisions made around the product lifecycle. This includes suggested markdown vs. carryover styles.
• Defining financial impact of stock decisions.
• Collaborate with cross-functional teams, including supply chain, merchandising, ecommerce, and IT, to create best-in-class data management and classifications for consistent and accurate analysis of the global business.
• Responsible for meeting stock coverage targets and optimizing inventory levels across channels.
• Partner with other departments to anticipate risks and implement mitigation strategies.

Retail Planning:

• Develop, align, and publish daily/weekly/monthly/annual sales plans with Merchandising and Channel Executives, ensuring cohesion and alignment with financial targets.
• Reforecast annual sales plans for Retail and E-Commerce monthly based on current sales trends.
• Analyze daily/weekly reporting on Business Performance, including qualitative comments on key drivers, risks, and opportunities.
• Analyze by-door performance at a style and SKU level and prepare weekly recommendations of stock movements.
• Define, prepare, and track seasonal and carryover open-to-buys to support HQ in the creation of seasonal OTBs.

Wholesale Support:

• Assist in defining annual and seasonal budgets for the wholesale team, ensuring alignment with financial targets.
• Reforecast each month based on shipping trends, cancellations, reorders, off-price, etc.
• Support the wholesale team to manage Replenishment Program on Carry-Over Best Sellers.
• Partner with Sales to create seasonal by-door budget projections.

Qualifications:

• 10+ years of retail planning and analysis experience, preferably in luxury retail.
• Bachelor's degree in Business or Finance preferred.
• Proficiency in Microsoft Excel and strong analytical skills.
• Excellent understanding of retail math and organizational abilities.
• Ability to multitask, prioritize, and adapt to evolving business needs.
• Quick reactivity and agility to address requests and ever-evolving business needs.
• Strong team player with the ability to work with many cross-functional teams.
• Strong communication and interpersonal skills, both verbal and written, including the ability to interact confidently with senior executives locally and internationally.

Please note: This job description does not list all duties of the job. Employees may be asked by management to perform other duties. The employer has the right to revise this job description at any time.

Salary Range: $140-150k. The rate of pay offered will be dependent upon the candidates' relevant skills and experience. Other benefits include a company bonus plan, employee discounts, medical, dental, vision, a 401k plan, and other ancillary benefits.

KHAITE is an equal opportunity employer. We want to offer an inclusive environment of mutual respect where we welcome diversity and all our employees feel included, developed, and heard. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. KHAITE recruits and recognizes all types of talent and singularities.

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. The employee is regularly required to sit; use hands to finger, handle, or feel and talk or hear. The employee is occasionally required to stand; walk; reach with hands and arms; climb or balance; stoop, kneel, crouch, or crawl; and taste or smell. The employee must occasionally lift and/or move up to 30 pounds. Specific vision abilities required by this job include close vision. The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.

This employer participates in E-Verify and will provide the federal government with your Form I-9 information to confirm that you are authorized to work in the U.S. If E-Verify cannot confirm that you are authorized to work, this employer is required to give you written instructions and an opportunity to contact Department of Homeland Security (DHS) or Social Security Administration (SSA) so you can begin to resolve the issue before the employer can take any action against you, including terminating your employment. Employers can only use E-Verify once you have accepted a job offer and completed the Form I-9.