About Banana Republic
Born from two California creatives fueled by their explorer spirits, Banana Republic has repositioned itself as a premium, experiential lifestyle brand for today’s modern world. Designed for a life where anything is possible, we use the finest materials with the latest fabric innovations to create timeless, versatile clothing, jewelry, shoes and handbags. Through our home and art collections, we extend beyond apparel and are a part of our customers' lives at home.
We are creating memorable, immersive experiences online and in-store that build lasting relationships and solve our customers’ lifestyle needs. Our team is made up of passionate and curious storytellers who are pushing the boundaries to deliver consistent, quality product through an elevated customer experience. Sound interesting? Join us as on the BR journey as we create what’s next.
About the Role
The Director of Inventory Strategy is a key leadership role responsible for developing and executing strategies that optimize inventory levels, improve supply chain efficiency, and support business growth across all channels. This role partners cross-functionally with Inventory Management, Merchandising, Brand Ops, Product Management and Data Science to ensure that inventory investment aligns with customer demand, company goals and financial performance.
The scope of this role spans both Banana Republic and Banana Republic Factory Store brands across the North America Omni markets and channels.
What You'll Do
Strategic Planning:
- Serve as a thought leader to develop and implement a comprehensive inventory strategy that supports business objectives
- Define key performance indicators (KPIs) to monitor inventory health and assess benefit realization of key strategies
Forecasting & Planning Alignment:
- Collaborate with Inventory Management, Merchandising and Product Management to promote accurate demand forecasts and assortment strategies
- Guide inventory buys and replenishment plans to align with sales forecasts and inventory budgets
Inventory Optimization:
- Lead initiatives to reduce excess and obsolete inventory, improve turns, and minimize stockouts
- Evaluate inventory policies, lead times, and safety stock levels to maximize speed and responsiveness
- Partner with Inventory Management teams and Brand Ops to evaluate cross-channel inventory transfers (both fungible and VAS)
- Evaluate size offering across categories and channels to inform opportunities to invest or divest in sizes
- Serve as a thought leader to inform both pre-season and in-season pricing decisions
- Collaborate with technical and change management teams to support IM transformation initiatives
Data & Analytics:
- Leverage BI and advanced analytic tools to assess performance, identify trends, and inform decision-making
- Oversee the development of dashboards and reporting tools to track business performance and inventory KPIs
Cross-functional Leadership:
- Partner with Finance, Brand Operations and Technical Teams to align inventory strategy with enterprise systems and financial planning
- Influence senior leadership with data-backed recommendations on inventory related decisions
Team Development:
- Build, lead, and mentor a high-performing team of inventory strategists
- Foster a culture of continuous improvement and innovation
Who You Are
- Bachelor’s degree in Supply Chain Management, Business, Finance, or related field
- 10+ years of progressive experience in inventory management, demand planning, or supply chain strategy
- 5+ years in a leadership or executive role with direct oversight of strategic planning and team management
- Deep understanding of inventory planning systems
- Strong analytical and decision-making skills, with the ability to translate data into actionable insights
- Exceptional leadership, communication, and stakeholder management abilities
Benefits at Banana Republic
- Merchandise discount for our brands: 50% off regular-priced merchandise at Old Navy, Gap, Banana Republic and Athleta, and 30% off at Outlet for all employees.
- One of the most competitive Paid Time Off plans in the industry.*
- Employees can take up to five “on the clock” hours each month to volunteer at a charity of their choice.*
- Extensive 401(k) plan with company matching for contributions up to four percent of an employee’s base pay.*
- Employee stock purchase plan.*
- Medical, dental, vision and life insurance.*
- See more of the benefits we offer.
*For eligible employees
Gap Inc. is an equal-opportunity employer and is committed to providing a workplace free from harassment and discrimination. We are committed to recruiting, hiring, training and promoting qualified people of all backgrounds, and make all employment decisions without regard to any protected status. We have received numerous awards for our long-held commitment to equality and will continue to foster a diverse and inclusive environment of belonging. In 2022, we were recognized by Forbes as one of the World's Best Employers and one of the Best Employers for Diversity.
Salary Range: $175,100 - $232,000 USD
Employee pay will vary based on factors such as qualifications, experience, skill level, competencies and work location. We will meet minimum wage or minimum of the pay range (whichever is higher) based on city, county and state requirements.
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