Inventory Demand Planner Jobs

Company Overview

LUS Brands (“Love Ur Self”) is a Toronto-based DTC (direct-to-consumer) hair care brand that’s backed by Y Combinator, Sound Ventures, Comcast and other notable VCs and angel investors.

Since launching in 2017, we have shipped over 4 million bottles of our innovative hair care products to consumers with curly hair worldwide and earned thousands of 5-star reviews. Our mission is as simple as the products we create: to encourage people to genuinely love and accept themselves so that their unique beauty can shine through.

LUS brands was built to a significant size in less than 5 years, using predominantly digital marketing. While we have remained almost exclusively DTC for the first several years of operations, this year, we’re looking to expand to new sales and distribution channels.

To learn more, visit lusbrands.com

Job Summary

The Inventory Demand Planner is a key member of the operations team responsible for ensuring the planning and coordination of the operational supply chain. This role will report to the General Manager, converting consumer trends into sales projections and coordinating with Operations to ensure executable manufacturing and sourcing strategies by leveraging exceptional analytical skills.

Responsibilities

• Manage ad-hoc projects, such as cohort and retention analysis.
• Ensure the marketing inventory demand plan is reviewed and feasible within the current operations environment.
• Identifies opportunities for process improvements and cost savings within demand planning and inventory management.
• Proactively seeks out important data and identifies new, better ways of reporting and presenting information drawn from various data sets.
• Review consumer and sales trends through omnichannel data sources and collaborate with marketing to create accurate demand forecasting.
• Support the supply chain growth strategy and its execution through coordination with procurement, manufacturing, logistics and quality functions.
• Manage all product inventory levels and coordination of inventory within the distribution network.
• Adjusts forecasts based on changes in sales trends, seasonality, promotions, and other factors.
• Create weekly and monthly reports to analyze trends regarding inventory levels and supporting financials.
• Collaborate with operations to ensure optimal inventory is available to satisfy customer demand.
• Coordinate the data-driven flow of information between the operations and the sales/marketing functions.

Qualifications

• 5+ years of relevant experience in supply planning, demand forecasting, inventory management, retail planning or comparable roles.
• Continuous improvement mindset to drive supply chain performance in the areas of service and inventory. Maintain a high level of accuracy and attention to detail.
• Strong interpersonal skills: the ability to effectively communicate and escalate information and issues
• Highly tech-savvy
• Expertise with full G-Suite products (Gmail, Google Drive/Meets/Calendar, etc.)
• Understanding of business processes, including supply chain, inventory systems and material requirements planning.
• Experience in the cosmetic or CPG industry, with a strong understanding of the Bill of Materials
• Advanced Excel skills, statistics applications ERP systems.
• Ability to organize priorities based on deadlines and the importance of tasks
• Manage time efficiently while working on several different tasks at once.
• Quantitative and analytical skills (extensive spreadsheet analysis, dashboarding and strong mathematical abilities).
• Ability to show versatility and resourcefulness when problem-solving
• Strong analytical acumen – the ability to identify trends and problems
• University Degree in Business, Supply Chain Management, or related field of study
• Self-starter who thrives in fast-paced environments that requires multi-tasking, prioritization, and minimal oversight.