Tiffany & Co. Business Planning and Obsolescence Analyst

New York • USA

Friday, January 3, 2025

Tiffany & Co., a distinguished name in the luxury jewelry sector, operates under the esteemed LVMH Group, a global leader in luxury goods. As an employer, Tiffany & Co. is renowned for its commitment to excellence, innovation, and craftsmanship, offering a dynamic and rewarding environment for its employees.

1. Conduct regular analysis of inventory productivity to identify opportunities for reducing excess inventory and collaborate with Finance to assess and align inventory risk.
2. Support the cross-functional obsolescence process by guiding partners across Merchandising, Planning, Retail, and Operations through lifecycle plans and disposition activities.
3. Present analyses and make recommendations on disposition plans to alleviate excess inventory, maximize lifecycle planning goals, and minimize expenses. Coordinate the execution of these plans.
4. Serve as the subject matter expert for obsolescence reporting and execution.
5. Prepare, review, and maintain Power BI data models and related reports monthly to support revenue and margin variance analysis. Track performance of categories/collections and investigate major deviations.
6. Collaborate with the Manager and VP to develop and test quantitative results against qualitative assumptions.
7. Support the development and administration of data used in annual product budget aggregation and reconciliation.
8. Recommend initial pricing structures for merchandise identified for sale through Employee Store or LVMH Group Channels, including discontinued items, Product Development samples, vendor seconds, and overstocks.
9. Regularly review pricing in the context of sales, inventory, and duration, making recommendations for price adjustments.
10. Ensure assortment alignment between Employee Store channels and partner on-site merchandising opportunities.
11. Facilitate SKU creation when necessary and support ad hoc requests for Employee Store merchandise in collaboration with Planning, Merchandising, E-Commerce, and Retail Operations teams.
12. Identify opportunities for process improvement and reporting optimization.
13. Maintain and update legacy Category Reporting and Analytics data models.

1. Minimum of 3 years of relevant experience

1. Proficiency in data analysis and reporting tools, particularly Power BI
2. Strong analytical and problem-solving skills
3. Excellent communication and presentation abilities
4. Ability to collaborate effectively with cross-functional teams
5. Knowledge of inventory management and lifecycle planning

A minimum of 3 years of relevant experience in business planning, inventory management, or a related field is required.

The hiring range for this position is $77,010 - $104,190, dependent on the candidate's relevant skills and experience.

Comprehensive benefits package including health insurance, retirement plans, and employee discounts.

Tiffany & Co. fosters a culture of innovation and excellence, encouraging employees to contribute to the brand's legacy of luxury and craftsmanship. The company values diversity and inclusivity, providing a supportive and collaborative work environment.