Nicole Procida

Associate Director, Merchandise Planning at Thinx Inc.
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Location
New York, New York, United States, US

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Experience

    • United States
    • Retail Apparel and Fashion
    • 1 - 100 Employee
    • Associate Director, Merchandise Planning
      • Apr 2021 - Present

    • Merchandise Planning Manager
      • Nov 2019 - Mar 2021

    • United States
    • Retail Apparel and Fashion
    • 500 - 600 Employee
    • Planning Manager
      • Feb 2019 - Oct 2019

    • United Kingdom
    • Restaurants
    • 1 - 100 Employee
    • Business Planning & Analysis Manager – Wholesale & Retail
      • Oct 2016 - Feb 2019

      • Develop strategic financial plans by channel that supports the company’s objectives from a top down perspective • Conduct a quarterly review of sales, margin and receipt plans, providing recommendations and guidance for future plans• Provide wholesale data and analysis to Sales and Executive team weekly• Oversee retail data and analysis provided to Sales and Executive team weekly• Identify risks and opportunities based on analytical observations and provide recommendations to achieve wholesale financial objectives• Participate in weekly retail strategy meetings to develop financial plans and contingences for both pre-season and in-season management• Collaborate with the sales team and direct reports prior to market to prepare seasonal plan presentations to major accounts• Led a team project to expand planning tool capabilities and efficiencies which reduced retail reporting time by 8 hours • Manage gross margin/VA reconciliation process • Experience working with better Department Stores (Nordstrom, Bloomingdales, Saks & Neiman Marcus), Specialty Stores (Shop Bop, Revolve and 2,500 Road Rep accounts) and Off Price (Nordstrom Rack, Saks Off Fifth, Rue La La, Gilt, TJ Maxx & Century 21)• Assess and develop talent to ensure succession planning for team (2 direct reports)• Partner with leadership to develop individual immediate and stretch goals for direct reports

    • Product & Financial Analyst
      • Jun 2013 - Oct 2016

      • Responsible for the Creation of annual financial forecasts and assessing projected needs by department based on growth projections • Provide comprehensive financial forecasting, budgeting and analysis to senior management weekly • Attend weekly sales meetings to coordinate the flow of statistical information to the sales team to guide them to meeting seasonal goals • Create and maintain efficient financial and product reporting processes for specialty store, road reps and off price businesses • Partner on financial projects such as annual audits and monthly inventory analysis

    • Forecasting and Planning Associate
      • Apr 2012 - Jun 2013

      • Partner with the Planning Director in creation of the total company monthly shipping budget• Maintain and analyze wholesale shipping, open orders & bookings in comparison to the monthly budget weekly• Maintain and analyze Finished Goods and Raw Material inventory, production and purchase orders weekly• Responsible for design, production schedule and sales plan of the off price business, increasing sales +22% to LY• Assist in annual physical inventory by running real time variance reports and reporting final data to the executive team and accountants

    • Planning Assistant
      • Jun 2010 - Apr 2012

      • Partnered with the Planning Director in audit preparation by actualizing cost sheets• Assisted in the successful implementation and maintenance of our new ERP system – Simparel• Maintained the Finished Goods Style set up from UPC creation to vendor catalogue uploads via 832 transactions

    • Planning Intern
      • Feb 2010 - May 2010

      • Recapped weekly selling for key department, specialty and international stores• Assisted in weekly production cuts by identifying size breakdowns needed to balance inventory

    • Owner
      • Sep 2005 - Dec 2009

      • Managed a 1,200 sq. ft. Contemporary boutique with sales of approximately $550,000 per year• Created pre-season sales, OTB, gross margin and inventory plans by class to support management strategies• Managed sales staff which led to higher productivity and more satisfied customers • Managed a 1,200 sq. ft. Contemporary boutique with sales of approximately $550,000 per year• Created pre-season sales, OTB, gross margin and inventory plans by class to support management strategies• Managed sales staff which led to higher productivity and more satisfied customers

Education

  • Fashion Institute of Technology
    Bachelor of Science - BS, Fashion Merchandising
    2006 - 2010

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