Requirements
Description & Requirements
Who 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, the Global Planning team is responsible for ensuring the efficient management of inventory for the company. They work closely with the regional teams to understand new product trends, regional needs, size trends, and logistics. The team monitors inventory levels on a weekly, monthly, quarterly and annual basis, assessing changes in trends and adjusting strategies to optimize inventory management and mitigate risks. The priority is to understand and protect the guest experience, followed by maintaining effective inventory control and supporting profitable sales growth.
A Day In The Life
Reporting to Global Planning Manager, this role will be responsible for managing and analyzing on-orders and receipts, providing critical inventory insights, and supporting our global merchandise planning strategies. Your work will help ensure optimal inventory levels and support the company's overall merchandise objectives.
- Orders and Receipts Analytics: Analyze and monitor order patterns and receipts data to identify trends, discrepancies, and opportunities for improvement. Generate and interpret reports to guide inventory decisions and enhance merchandise planning.
- Inventory Insights: Develop and maintain inventory insights to optimize stock levels across global locations. Work closely with the planning team to forecast demand and ensure alignment with sales objectives and market trends.
- Data Management: Ensure accurate data entry and maintenance within planning systems. Conduct regular audits and reconcile discrepancies to maintain data integrity.
- Collaborative Planning: Partner with cross-functional teams including DC operations, supply chain, and sales to align merchandise plans with inventory availability and market demands.
- Performance Tracking: Monitor key performance indicators (KPIs) related to inventory turnover, stockouts, and overstock situations. Provide actionable recommendations based on performance metrics.
- Reporting: Prepare and present detailed analysis and reports to senior management, highlighting key findings and proposing strategies for optimization.
- Process Improvement: Identify and implement process improvements to enhance the efficiency and effectiveness of merchandise planning and inventory management.
Qualifications
- College certificate or University degree is required
- 1-3 years merchandise planning or inventory management experience
- 2-3 years proven experience with data analysis
- Expert knowledge of Excel & Power Bi for report building is required.
- Financial acumen and understanding of retail math
- Effective communication skills (written & verbal)
- Extremely organized, thorough and able to prioritize
- Detail orientated
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.
Additional Notes
Immigration support is potentially available 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
$ 66,000-$86,600
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, 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
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.