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Senior Planner, Retail Allocations

Mejuri

Mejuri

Toronto, ON, Canada
Posted on Nov 27, 2024
Mejuri is the category-defining fine jewelry brand redefining luxury, your way. Feeling disconnected from an industry that typically markets to men, co-founder and CEO Noura Sakkijha leveraged her learnings as a third-generation jeweler to rethink the way women purchase jewelry—for themselves. In only seven years, and with a team of over 75% women, Mejuri has shipped over one million orders and opened retail stores across the globe, all while introducing new products weekly.
As part of Noura’s original vision to empower women to invest in themselves, the brand launched the Empowerment Fund to support underrepresented women and non-binary individuals with the tools to empower themselves. Mejuri continues to reach new customers through exciting community initiatives and expansion into international markets, such as the UK, Australia and Germany.
We are a team of retailers, creatives, technologists and strategists, and we are looking for someone special to join our team.

Mejuri is seeking a Senior Planner, Retail Allocations to join our Product Supply team during an exciting period of growth! With 20 new store openings planned next year, this role is critical to ensuring inventory aligns with customer expectations and sales forecasts, directly driving revenue growth and profitability.

Reporting to the Retail Allocations Manager, the ideal candidate is a customer-focused, analytical self-starter who thrives in a fast-paced, high-growth environment. You will execute allocation strategies that optimize store performance, support seamless new store openings, and contribute to Mejuri’s mission by ensuring that products are available at the right time and in the right quantity to create exceptional customer experiences.

What you'll do

  • Retail Allocation Strategy: Collaborate with Merchandising and Planning to develop and execute tailored store-specific allocation strategies, aligning inventory plans with overall merchandise goals to optimize sales, profitability and inventory turns.
  • Product Allocation & Replenishment: Allocate and replenish products to stores based on assortments, store clusters, and financial targets, ensuring optimal stock levels to meet customer demand while minimizing excess and obsolescence.
  • Seamless Store Openings: Partner with cross-functional teams to support 20+ planned store rollouts, defining inventory breadth and depth to ensure new locations are fully stocked and operationally ready from day one.
  • Inventory Optimization: Monitor inventory health through weekly assessments, execute rebalancing strategies to eliminate excess inventory, and improve inventory turns across the retail network.
  • Sales Growth Support: Drive allocation strategies to capture market share in both existing and new locations, directly supporting revenue growth and delivering an exceptional customer experience.
  • Reduced Obsolescence: Implement data-driven allocation adjustments to minimize end-of-season excess inventory, reducing write-off risk and protecting profit margins.
  • Performance Analysis: Continuously analyze sales trends and retail performance data to identify growth opportunities by style, category, price point, or region, and refine future allocation strategies accordingly.
  • Reporting & Insights: Prepare and present regular KPI reports to leadership, delivering actionable insights and recommendations to optimize inventory performance and align with financial objectives.
  • Process Improvement: Design and refine scalable allocation, replenishment, and inventory management processes, leveraging analytics tools to enhance efficiency, align inventory strategies with market dynamics, and support the growing store network.
  • Cross-Functional Collaboration: Work closely with Merchandising, Planning, Retail, Operations, and Logistics teams to ensure seamless execution of inventory plans and alignment with broader business objectives.

What you'll bring to the team

  • Proven experience in retail allocation, inventory management, or merchandise planning within a fast-paced, high-growth retail environment.
  • Strong analytical and technical skills, including proficiency in allocation tools, inventory systems, and advanced Excel (experience with Blue Ridge is a plus).
  • A customer-focused mindset with a track record of aligning inventory strategies to improve product availability and enhance the shopping experience.
  • Excellent collaboration and communication skills to work effectively with cross-functional teams, including Merchandising, Planning, Retail and Operations.
  • A data-driven, problem-solving approach with the ability to develop scalable processes for a rapidly expanding retail network.
  • Enthusiasm for Mejuri’s mission, with experience in retail, fashion, or jewelry considered a strong asset.
Benefits at Mejuri:
  • A minimum of three weeks vacation, plus personal days and three religious observance days.
  • A hybrid work model for all corporate roles.
  • ‘Mejuri Passport’ which allows employees who meet specific criteria to work in other locations for one month per year.
  • Comprehensive medical and dental benefits, including mental health coverage, and generous personal and sick days for our full-time employees. We also offer bereavement leave, including miscarriage and stillbirth support.
  • Parental leave salary top-up of up to 80%, as well as a personalized return-to-work transition and accommodation plan for full-time employees.
  • Semi-annual performance reviews.
  • A generous product discount!
Please note that these benefits apply to full-time employees.
Location [Toronto, Ontario]

At Mejuri we embrace a hybrid working environment and support our corporate employees to be successful whether they are at home or in the office. The primary purpose of our offices is to drive collaboration and deepen relationships with one another. This position requires in office work 3 days a week and remote work 2 days a week
Application deadline
Early review of applications will take place on Dec 4th 2024.
Posting Expiry Dec 17th 2024. After Dec 17th if the role remains open, the posting will remain online until filled.
#LI-Hybrid

Along with our central mission and vision, we have guiding values that set the tone for where we’re heading and how we work together. These values are behaviors that form our shared beliefs and approach to how we wish to work together at Mejuri, regardless of role, level, and work location. Our 8 core values help drive our decision making when we are cross collaborating, redefining luxury, and creating a sense of commitment and inclusion to help shape our company culture.

Our values are:

FIND A WAY | We break down problems into manageable steps, explore creative solutions daily, learn from failure, and adapt quickly

RAISE THE BAR | We share constructive feedback openly, continuously improve personal and team performance, collaborate and challenge for better outcomes

CUSTOMER OBSESSED | We actively listen to customer feedback, make decisions that impact customers positively, continuously refine product, service, or customer interactions

EMPOWERED OWNERS | We proactively address cross team challenges, willingly tackle any task big or small, take initiative, and lead by example

JUST DO IT | We make informed decision quickly, encourage experimentation and learning, encourage thoughtful risk taking, embrace change, and stay adaptable

HUMILITY | We acknowledge team contributions before self, acknowledge and learn from mistakes, maintain an open and receptive mindset, and promote a respectful work environment

CURIOSITY | We seek out new challenges daily, ask questions to understand deeply, reimagine and innovate to drive progress

DRIVE RESULTS | set clear goals and prioritize tasks, focus on high impact activities daily, monitor progress through clear metrics, stay persistent and solution orientated

Accommodation / Accessibility:
Mejuri does not discriminate in hiring or terms and conditions of employment because of an individual’s race, ancestry, colour, place of origin, religion, gender, gender identity, national origin, citizenship, age, disability, sexual orientation, family status or marital status, or any other protected category recognized by provincial or federal laws.
Should you require any accommodation, please inform us and we will work with you to meet your accessibility needs. For any accessibility-related assistance, requests for information in accessible alternative formats or to report any accessibility problems, please share in your application.