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Qualifications BBA-Finance, 28 years in retail experience, 8 at Sr Executive level. 25+ years of Merchandise Planning, Allocation, Assortment Planning and Buying knowledge at all levels Development and supervisory skills of as many as 100 direct and indirect reports at atime. Cross functional partnerships with multiple areas, as well as with senior managementincluding CEO, Exec VPs and Board Members.Specialties: supply chain, logistics, distribution, accountancy, budgeting, ceo, cfo, data collection, database administration, dc, delivery, driving, essbase, executive management, fast, finance, focus, functional, graphics software, human resources, inventory management, management, marketing, mba, merchandising, microsoft excel, microsoft word, next, personnel, presentation skills, profit, reports, retail, sales, space planning, strategic, supervisory skills, supply chain, tops, trend,
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Svp Commercial OperationsGroupe Dynamite May 2024 - PresentTown Of Mount-Royal, Qc, CaHead of Stores, Store Operations, Allocation, Visual, Merchandise System transformation, and store facing new technology implementation. 300+ stores and 4500 employees in a fast growing company, in multiple countries. -
Vice President Of Commercial OperationsGroupe Dynamite May 2023 - Apr 2024Town Of Mount-Royal, Qc, CaNewly created role to consolidate Stores and the retail buying and allocation strategies. Develop processes to streamline communicate of business objectives to stores, and turn the field into a far more commercial operation. Created a metric based operation - improving sales, margin, and dramatically reducing in store employee turnover. Implementing overall corporate Merchandising Planning, Buying, Assortmenting and Allocation systems. While also improving business processes, and strategies along the way. -
Project Owner Glass Pipeline - Executive ConsultantGroupe Dynamite May 2022 - May 2023Town Of Mount-Royal, Qc, Ca300 store Can & US Women’s multi brand apparel. (Garage/Dynamite) $700M. Implement company wide system integration of financial planning, item planning, store planning, allocation, and assortment plans. Train and develop merchants, planning, allocation, store planning teams to be best in class, and ready for total system change. Consult, and provide support, across the business on all aspects of improved metrics, processes, and implementation to improve sales, margin, and productivity. Spearhead change management techniques across the business. Lead training groups, present updates on system & process developments, and coordinate small group focus groups across the business. -
Chief Merchandising OfficerPimkie Feb 2019 - Nov 2019Villeneuve D'Ascq, FrMember of Executive Leadco of Pimkie, and part of Leadco of the other 5 apparel brands in Fashion Cube.Develop, create and manage a Merchandise Planning, Allocation and Store Segmentation teams as new elements of Pimkie. Implement a full set of industry standard metrics and business processes.Revamp entire buying/planning process and strategy. Emphasis on Planning sales and assortment from the beginning and managing stocks sharply to those plans. Extreme focus on speed to market and reactibility. Complete IT system overall eliminating Excel as system of record and shifting to more dynamic AI focused tools to lead the MP & A functions, as well as create a more robust assortment planning process and execution. -
Global Vice President Of Planning, Allocation, Supply Chain And LogisticsClaires Accessories Jun 2015 - Jan 2019Responsible for 3800 stores around the world and $1.6B in sales. Lead all elements of Planning and Allocation for the Under 12 Product line , as well as coordinating other product categories at the highest company levels. Acting as a de facto SVP for all P&A for the Global Brand. Lead and supervise 2 distribution centers - one UK and one Chicago based. Partner with Vendor base at logistics and global shipping of both goods in and goods out to stores. Logistics team supports the flow of goods by managing all relevant Customs and Trade laws and regulations. Establishing Global 5 year Supply Chain Strategy to better improve overall flow of product balanced again JIT practices at buy placement timing.
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Vice President Of Planning And AllocationClaire'S Accessories Apr 2014 - May 2015Hoffman Estates, Il, UsResponsible for all elements of Financial Planning for Accessories and Cosmetics. In addition, have total Claires North America Allocation responsibilities. Coordinate with DC, Logistics, and Visual departments at processing receipts, and determining presentation standards across a 1500 store chain. Current overall team size is 17 associates from Director level to Allocator level. Team Leader for the Katy Perry PRISM Collection as well. Dotted line reporting to CEO at running a global cross functional team of Merchandising, Planning, Marketing, Design, Visual, Logistics, Legal, and working with multiple outside vendors and partners. All cross funtional teams dotted line report to me in the execution of this merchandise initiative. Work with the Artist and her management teams to create the best overall outcome for both parties. -
Director Of Merchandise Planning - Accessories And CosmeticsClaire'S Accessories Oct 2011 - Apr 2014Hoffman Estates, Il, UsResponsible for all aspects of OTB, sales, markdowns and stock levels for 1500 store chain across all Accessories and Cosmetics Categories. Partner with Merchandising, Visual, Real Estate, Marketing, Stores, Design, IT and Finance teams daily to drive all elements of overall sales and margin performance. Aided in launching China stores and establishing a successful brand expansion into a new country, including assortment editing, logistics, and margin analysis to ensure a profitable launch. Work with EU, and Icing Brand teams to understand all elements of sales, and margin successes across all company brand platforms to help maximize total company success. Developed new planning processes and calendars to allow better overall performance with the Planning and Merchandising Organization. Coordinate with Real Estate teams to define space and capacity requirements for new store designs to ensure maximum performance for new design layout. Work with CEO and President on a regular basis. Manage. Team of 8 planners, along with indirectly managing a team of 17 Merchants, and 4 Allocators. -
Director Of Merchandise And Inventory PlanningThirty-One Gifts Sep 2010 - Sep 2011Columbus, Ohio, UsHead up all inventory related areas for a leading Direct Selling, Catalog based company. Create all assortment plans, OTB, delivery management, field inventory communiqués, and topside business planning. Forecast receipts/inventory usage for Operations to determine DC capacities and needs. Work with Sourcing partners to determine vendor capacity and by item production needs. Work with all executive team members at strategizing overall company direction from a product standpoint. What product will be promotional every month to what product will be featured in marketing documents. Partner with field staff to discuss inventory timing and any possible risks. Creating a company planning system with outside consultants. Working to instill a specialty retail mentality into the planning process. Taking old excel tools and improving performance, as well as, adding new improved metrics and ways of looking at the business. Supervise Consumer Mix area to better understand business segment shopping patterns and tie them into our financial plans. Ensure that our margin and business strategies make sense by product/merchandise segment. Coordinate with Finance area to create merchandise P&L and ensure company is hitting financial targets. Update forecast and plans on a monthly basis, and as needed to create scenarios to better understand company performance. Report on and give best solutions to improve company performance. -
Director Of PlanningAbercrombie And Fitch Corp May 1999 - Apr 2010
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Project Manager GeodemographicsKmart Corp 1996 - 1999
Michael Olson Skills
Michael Olson Education Details
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University Of MichiganFinance
Frequently Asked Questions about Michael Olson
What company does Michael Olson work for?
Michael Olson works for Groupe Dynamite
What is Michael Olson's role at the current company?
Michael Olson's current role is Experienced Retail Executive.
What is Michael Olson's email address?
Michael Olson's email address is mi****@****res.com
What is Michael Olson's direct phone number?
Michael Olson's direct phone number is +120776*****
What schools did Michael Olson attend?
Michael Olson attended University Of Michigan.
What skills is Michael Olson known for?
Michael Olson has skills like Merchandising, Retail, Inventory Management, Business Strategy, Merchandise Planning, Supply Chain, Store Management, Management, Assortment, Cross Functional Team Leadership, Visual Merchandising, Trend Analysis.
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