lululemon

who we are

lululemon is an innovative performance apparel company for yoga, running, training, and other athletic pursuits. Setting the bar in technical fabrics and functional design, we create transformational products and experiences that support people in moving, growing, connecting, and being well. We owe our success to our innovative product, emphasis on stores, commitment to our people, and the incredible connections we make in every community we're in. As a company, we focus on creating positive change to build a healthier, thriving future. In particular, that includes creating an equitable, inclusive and growth-focused environment for our people.

position

Senior Planner

reports to

Senior Manager, Planning

location

Shanghai

about this team

As a member of the product team, the Planning team is responsible for ensuring the financial success of the company. They work closely with Buying and Allocations to understand new product trends, localized selling patterns, store opportunities, size trends and logistics.

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 promote guest experience, followed by delivering profitable sales growth.

Reporting directly to the senior manager of merchandise planning, this position is responsible for category sales targets, markdowns, gross margin, planned purchases, turn and open to buy management. You love everything product, inventory and numbers; you are a born entrepreneur, passionate to pioneer a global brand in a new market.

core responsibilities

• Mentor and develop planning talent
• Streamline and build efficiencies into the planning process
• Partner with the Buyer to develop pre-season sales, markdown, margin, receipt and inventory
• Develop assortment plans to the category level by channel considering business strategy and trends
• Manage projections and drive inventory flow for key items/collections
• Analyze and understand current performance; revising in-season sales/profit plans, and control inventory levels
• Partner with your Buyer to develop and propose tactics in response to business trends:
• Make key financial decisions to maximize sales, margin and inventory productivity
• Monthly plan review process: develop sales, markdown, receipt and inventory re-forecasts
• Communicate revisions and strategies with the Merchandise team
• Partner with Store Planning to review and create informed store plans for allocations and OTB planning
• Exhibit initiative to look beyond the everyday business for opportunities to maximize sales potential
• Partner and communicate with various cross-functional teams to collectively drive for results
• Provide reporting and analysis to facilitate the achievement of business goals (e.g. hindsighting)

qualifications

• Tertiary qualification preferably in business or commerce
• 10+ years merchandise planning experience in the apparel industry
• Regional China exposure
• Previous experience with merchandise and planning systems
• Expert knowledge of Excel is required
• Excellent team player as well as the ability to work independently
• Effective communication skills (written & verbal)
• Extremely organized thorough and able to prioritize
• Detail-orientated with exceptional analytical skills
• Strong ability to see the merchandise vision and translate into viable plans
• Results oriented - strong sense of motivation
• Self-directed problem solver, proactive and resourceful
• Responsible, dependable and mature, with sound judgment
• Capable of effective demand management from a variety of sources and adapts well to change

must haves

• Acknowledge the presence of choice in every moment and take personal responsibility for your life.

• Possess an entrepreneurial spirit and continuously innovate to achieve great results.

• Communicate with honesty and kindness and create the space for others to do the same.

• Lead with courage, knowing the possibility of greatness is bigger than the fear of failure.

• Foster connection by putting people first and building trusting relationships.

• Integrate fun and joy as a way of being and working, aka doesn’t take yourself too seriously.

additional notes

Authorization to work in China is required 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. As part of our total rewards offering, you will receive competitive base pay and permanent employees in this position may be eligible for our annual bonus program and 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:

• Supplement health and dental benefits, and mental health plans

• Paid time off

• Savings plan matching - Employee Stock Purchase Plan

• 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

In-person collaboration and office-based work is necessary and important for this role. Work is performed onsite, 5 days a week, depending on role requirements.

#LI-Onsite #LI-MF1