Intern, Merchandising - DTC Planning
Intern, Merchandising - DTC Planning
Values & Innovation
At Under Armour, we are committed to empowering those who strive for more, and the company's values - Act Sustainably, Celebrate the Wins, Fight on Together, Love Athletes and Stand for Equality - serve as both a roadmap for our teams and the qualities expected of every teammate.
Our Values define and unite us, the beliefs that are the red thread that connects everyone at Under Armour. Our values are rallying cries, reminding us why we're here, and fueling everything we do.
Our pursuit of better begins with innovation and with our team's mission of being the best. With us, you get the freedom to go further - no matter your role. That means developing, delivering, and selling the state-of-the-art products and digital tools that make top performers even better.
If you are a current Under Armour teammate, apply to this position on the Internal Career Site Here.
Purpose of Role
The Intern, Demand Planning (6 months internship) is responsible for supporting the Demand Plans for DTC channels (Retail & E-commerce) by using data-driven statistical information merged with intelligence gathered from multiple inputs such as financial plans, market demand, and industry information to reach an unbiased consensus with all stakeholders. His/her responsibilities will include sales analysis, forecasting demand, inventory management and looking for continual improvements in sales and stock position.
Your Impact
Demand Planning
• Responsible for supporting SAPAC seasonal buying targets ($ & Unit) in DTC through partnering with Finance/Commercial/DTC Merchandising/Supply Chain; ensure alignment among buying plan, financial target, and inventory plan with business strategy directions
• Analyze and develop the top-down and bottom-up demand forecast that deliver impactful financial performance
• Conduct weekly reviews on forecast accuracy, identify ways to improve the forecast and maintain all supply-related parameters to ensure optimal product availability
• Dive into sales trends and inventory performance to identify opportunities and risks. Work closely with Allocator and take decisive actions to improve sell-through and inventory efficiency
• Collaborate with cross-functional teams to incorporate market insights and business objectives into the demand planning process. Partner with the DTC Merchandising team and adjust demand plans to reflect seasonality/trends and uplifts due to marketing activities, commercial launch date, product lifecycle changes, category strategy and consumer demand
• Assist in preparing the monthly inventory rolling forecast and managing the end-to-end inventory liquidation plan.
• Responsible for buying and forecasting (RDP2 -3) deadlines
• Drive the alignment process of RDP vs. financial targets (F0 – F4). Review trends in historical sales, forecast accuracy/forecast bias with a goal of progressive continuous improvement
• Monitor delivery status and call out any opportunity & risk
• Support the financial targets and strategic initiatives by driving the current and future DTC Merchandising requirements (supporting key stories, inventory and SKU efficiency with accurate forecasts)
• Lead analysis of product past performance data and identify missed opportunities and gaps
• New store opening – Support DTC Merchandising/Retail Operation team with SKU/ inventory holding for selection and allocation.
• Work closely with cross-functional teams to optimize the process and improve inventory turn by implementing strategies to mitigate stockouts and excess inventory while managing in-season and aged inventory
• Support DTC allocator for on-time allocation/replenishment to achieve desired sales, inventory turn and sell-through objectives for the region
• Drive continuous improvement in inventory health metrics
• Prepare for, support with relevant analysis and engage in respective Countries & Channel WIP/Weekly Huddles, Monthly Ops/Business Review Meetings and Market/Store visits
• Responsible for setting up seasonal templates - SCM ETA Tracking and Allocation Material/SKU file; and supporting the tracking of product availability in the DTC channel alignment file (minimally 1 month before the season starts)
• Update size curve buy vs historical sales data and make the necessary adjustments to the new season buy
• Support order placement during seasonal buy cycles including chase buy
Analysis and System
• Contribute to the development of best practices and continuous improvement initiatives
• Provide data-driven insights to drive seasonal demand plan
• End-of-season sales recaps to impact future buy plan
• Identify and communicate any other opportunities to improve inventory turn
Qualifications
• Bachelor’s degree in Business or related field preferred
• Experience in planning, buying, replenishment, finance or related fields (preferably with a background in apparel and/or footwear retail or wholesale sector)
• Proficient in Microsoft Excel
• Proficiency at analyzing and interpreting large amounts of data; attention to detail
• Excellent organizational, verbal and written communication
• Attention to detail, strong problem-solving and analytical skills
• Strong aptitude with retail math and forecasting methodology
• Ability to prioritize and organize workload to adhere to product calendar deadlines
• Strong communication skills and ability to build collaborative partnerships cross-functionally
• Self-starter, creative, enthusiastic, innovative and collaborative attitude
• Sense of urgency and accuracy
• Ability to work in a team environment
Workplace Location
• Location: Bangkok Office
• Return To Work Designation: FULLY IN OFFICE / HYBRID
Benefits & Perks
• Rookie Merchandise Items
• Pro-rated Annual Leave
• Paid “UA Give Back” Volunteer Days: Work alongside your team to support initiatives in your local community.
• Rookie Training Course
• Company activities; Sport Challenge
Our Commitment to Diversity
At Under Armour, we are committed to providing an environment of mutual respect where equal employment opportunities are available to all applicants and teammates without regard to race, color, religion or belief, sex, pregnancy (including childbirth, lactation and related medical conditions), national origin, age, physical and mental disability, marital status, sexual orientation, gender identity, gender expression, genetic information (including characteristics and testing), military and veteran status, family or paternal status and any other characteristic protected by applicable law. Under Armour believes that diversity and inclusion among our teammates is critical to our success as a global company, and we seek to recruit, develop and retain the most talented people from a diverse candidate pool. Accommodation is available for applicants with disabilities upon request.
Pathumwan, TH, 10330