Zach Munoz.

Retail planning & AI advisor · Dallas


Better decisions about what to buy, where it goes and what it's worth.

I'm Zach Munoz. I help retailers, brands and their investors decide what to buy, where it goes and when to mark it down, and put AI to work where it pays. 25+ years in retail planning across luxury, mid-tier and discount, most recently leading Neiman Marcus' $4B planning function.

Zach Munoz

Retail Operator Experience

  • Neiman Marcus
  • Bergdorf Goodman
  • Kohl's
  • Robinsons-May
  • Meier & Frank

How I help


Senior planning judgment, on call.

For retailers, brands and the investors who back them. Short diagnostics, hands-on projects or interim leadership, sized to the problem.

Planning & inventory

Get the right inventory in the right store.

A clear read on where your inventory is working and where it's quietly costing you, then the fixes that move margin.

  • Merchandise financial planning and open-to-buy
  • Size profiles, allocation and replenishment
  • Markdown and pricing strategy
  • Assortment and SKU rationalization

$250M+in inventory reduction from a rolling 18-month forecast

Practical AI

Put AI to work where the money is.

Where AI can help your planning, merchandising and operations teams today, what has to be true first and how to measure it so the results hold up.

  • Score AI use cases by dollars at stake and data readiness
  • Design pilots with frozen baselines, so results hold up in a CFO review
  • Hands-on sessions that get planners using AI on their own work
  • A vendor-neutral read on the planning-tech market, from someone who tracked 26 vendors

73 bpsfewer lost sales than a Tier-1 department store's own allocation, in an AI pilot I led across 10 departments

Systems & transformation

Make the new system pay off.

Business-side leadership for planning system selection, migration and adoption, so the software matches how your teams make decisions.

  • Requirements and vendor selection
  • Planning, allocation and replenishment migrations
  • Process redesign and adoption
  • Data, BI and reporting modernization

~95%adoption of ML size optimization, worth an estimated $10M+ in profit

Teams & diligence

Build the team. Check the thesis.

Planning org design and coaching for growing teams, and an operator's view for investors and expert networks sizing up a retailer.

  • Planning org design and role clarity
  • Planner and buyer development
  • Commercial diligence on retail businesses
  • Expert calls and advisory

<5%of my planners left for other companies, and dozens were promoted to buyer

The record


Every claim has a number behind it.

$4Bomnichannel planning function led across 2K+ brands, 42 stores and 300K+ SKUs
$250M+in inventory reduction from a rolling 18-month forecast
$200M+in annual demand given access to $1.5B of inventory across Neiman Marcus and Bergdorf Goodman, avoiding an est. $40M in markdowns
16%better company-wide inventory turn in one year, from an objective target-turn method
20%+less inventory in the Shoes and Handbags core assortments, while sales grew $20M+
5×concession growth, from about $150M to $750M in GMV, on the reporting and contract infrastructure I built

Plus $50M+ in annual savings from Kohl's eSign digital signing, and sustainable and ethical product revenue grown from about $150M to $500M, hitting a public ESG goal a year early. Figures marked est. are modeled estimates.

Selected work


How the numbers happened.

Neiman Marcus & Bergdorf Goodman

Turned a shutdown into $200M+ in demand.

The problem
Buyer conflict got inventory sharing between the two chains shut off, cutting customers off from stock in the other chain. I had no authority over either buying team.
What I did
Left the block in place as the default, showed the CEO and both buying leaders what it was costing, and built an algorithm that opened sharing only on styles forecast to sell through below an agreed threshold. Each team's best sellers stayed protected.
Result
Sharing back on 80%+ of the assortment, $200M+ in annual demand with access to $1.5B of inventory, an est. $40M in markdowns avoided, and no more escalations.
Neiman Marcus

Planned before the money was spent.

The problem
About half of each season's purchases were committed before a plan existed. Plan reviews ended in "it's already spent," building in an overbought position season after season.
What I did
Replaced season-at-a-time planning with a monthly forecast rolling across three seasons, and tied buy plans to what the sales forecast could support.
Result
Sales and receipts agreed before going to market, brand profitability reviews up from under 100 a season to 2,000+ a month, and $250M+ less inventory.
Neiman Marcus

Got the holdouts to trust the model.

The problem
After we rolled out ML size optimization, two big categories pushed back. Forcing it would have killed trust in the tool. Ignoring it would have left money on the table.
What I did
Found them through usage and override tracking, then asked why. One needed an exception for high-price, low-quantity buys. In the other, my team proved the model was overweighting fringe sizes, and we got the vendor to fix its method.
Result
About 95% adoption company-wide, worth an est. $10M+ in profit.
Neiman Marcus

Built the forecast the new system didn't have.

The problem
A new merchandising system had to go live without demand forecasting, leaving a $500M promotional Beauty replenishment business on a simple min/max model, weeks out.
What I did
Built a SKU/location forecasting and ordering tool before go-live, then taught myself SQL and rebuilt it as an automated Snowflake pipeline.
Result
98% service levels, about 2,000 buyer hours a year saved, and adoption by 20–25 buying teams.

How we'd work together


Start small. Prove it. Then scale.

01

Conversation

Thirty minutes on what's keeping you up at night. No pitch deck.

02

Diagnostic

I dig into your plans, data and process and come back with the few moves that matter most.

03

Plan

A scoped plan with the number we're trying to move and how we'll know it moved.

04

Build

Hands-on work alongside your team, so the results stay after I leave.

About


An operator who's sat in your chair.

I've spent my career deciding how much to buy, where it goes and when it goes on sale.

At Neiman Marcus I rose from planning three categories to leading the $4B omnichannel planning function, with a team of 85+. I built a rolling 18-month forecast that took $250M+ out of inventory, led the business side of a full planning-system migration to 100% adoption, and developed dozens of planners into buyers.

A lot of my best work ended an argument. When buyers and planners fight over the "right" inventory level, or two chains fight over shared stock, I build an objective rule both sides can accept, so the teams can get back to the business.

Before Neiman Marcus I led merchandise solutions at Kohl's, where I ran pricing test-and-learn and modernized data, BI, RFID and PLM. Earlier, I held planning and finance roles at Robinsons-May and Meier & Frank, where I was named Finance/IT Executive of the Year.

Most recently I was VP of Industry Strategy at invent.ai, a retail AI company, working with fashion and apparel retailers on AI forecasting, allocation and pricing. I built the framework it used to prove customer value, with frozen baselines and counterfactual attribution, and led an AI allocation pilot that cut lost sales 73 bps against a Tier-1 department store's own allocation. I know what these tools can do, and what has to be true before they do it.

  • invent.aiVP, Industry Strategy & Partnerships
  • Neiman MarcusVP, Merchandise Planning
  • Kohl'sDirector, Merchandise Solutions
  • Robinsons-MayPlanning and finance
  • Meier & FrankExpense planning

Speaking & workshops


For teams who want AI to work.

Talk

AI Can't Read Your Mind

Most bad AI output is a context problem. How teams get better results by giving AI what they'd give a new hire.

Talk

The Number Behind the Number

How to test AI the way planners test markdowns: small, measured and graded, so teams keep what works.

Talk

Every Store Is a Cluster of One

What store clustering hides, and how planners can plan each store as its own business.

Work with me


Let's talk about your business.

Tell me a little about what you're working on. I reply personally within one business day.

Consulting projects, advisory, workshops, speaking and expert calls. Based in Dallas, working with clients nationwide.

Prefer to talk? Pick a time that works for you.

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