Inventory Planner

Description

Key Areas of Responsibility:

 

Develop and maintain seasonal forecasting plans from demand through to net sales, incorporating

Margin, returns and transfer impacts to all channels within the company, pre-season and in-season,

Create and maintain item/SKU forecasts for all items within assigned divisions,

Collaborate with the Product Management team: new item forecasts, seasonal buys and data analysis

Create and review weekly inventory buys

Analyze seasonal results of key metrics providing highlights and action items

Review product performance, recommend, and take actions on forecasts, buys, inventory balancing, chasing to fill orders, or reviewing pricing/markdowns,

Analyze and review life-cycle of the products, or colors, with recommendations and actions to closeout items and sell-through inventory to growth opportunities,

Create vendor projections by season and communication with vendors,

Understand manufacturing and each vendors capacities, lead times, MOQs and ability to adjust production to balance inventories,

Communicating with internal partners and external vendors

Advocate for financial disciplines and inventory efficiency while working with the product manager and department managers,

Collaborate with merchant partners to create optimal demand forecasts that maximize results through replenishment and align with the merchandise strategy,

Proactively seek opportunities to drive replenishment and improve item performance

Perform analysis and influence decision-making to improve replenishment sales and inventory result that complement the total assortment

Maintain attributes and default settings in forecasting and item set-up tools,

Special projects as requested

Goals include driving demand, inventory turnover and in-stock goals, forecast accuracy, and profitability goals.

Requirements

Strong written and verbal communication skills 

Superior problem solving and analytical skills along with the ability to make decisions, with limited data 

eCommerce Retail experience in seasonal planning, forecasting, buying and inventory balancing

Ability to multi-task, prioritize, and adapt to changes quickly 

High degree of attention to detail, accuracy and quick to learn 

Proficiency in Microsoft Excel, including proficiency with Pivot Tables and formulas.

Working knowledge of Microsoft Access, Excel, Power BI,

Familiarity with Click Up or other project management software 

Familiarity with Promethean Planning and Budgeting or other planning software 

A quiet, dedicated space from which to work remotely.  

Takes initiative, positive attitude, eager to help team-mates

Eastern time zone availability (8:00-5:00 p.m.) 

PC required for access to our software 

Preferred Skills and Qualifications: 

 

Equestrian experience (strongly preferred) 

Prior experience in a similar role 

Bachelor’s degree or at least 5 years equivalent experience

Proficient in English Language