Inventory Planner Jobs

Summary of Role:

The Inventory Planner provides analysis, executes processes, and utilizes business tools and metrics to ensure that the correct product is in the correct distribution centers and in the right quantities. They work closely with the merchandising, supply chain, and store operations to ensure connectivity between the sales plan and the inventory plan and to drive business strategies.

Key Responsiblities

Inventory Planning & Analysis

• Analyze excess inventory; create and monitor action plans to minimize inventory liability.
• Utilize the replenishment systems planning functionality to maximize product flow to achieve objectives.
• Performs SKU/DC level inventory analysis. Provide ad event analysis and recommendations. Provides defined and ad hoc business analysis and make recommendations based on findings.
• Develop and manage DC/SKU level plans by utilizing tools and procedures within the replenishment system.

Inventory Procurement & Vendor Mgmt

• Perform lead-time forecasting analysis and manage receipt flow in alignment with company objectives.
• Seek ways to maximize replenishment dollars while supporting sales opportunities.
• Develop and support supplier relationships through ongoing interactions.

Purchase Order Maintenance

• Prioritizes inbound POs to improve DC and Store inventory position. Closes aged purchase orders.
• Accountable for the management of all open purchase orders. Tracks open POs to ensure on-time delivery at the DC.

Communication/Collaboration

• Proactively communicates issues and recommends solutions. Develops and presents business updates that are tailored to the audience receiving them.
• The Inventory Planner collaborates with vendors to communicate forecast trends and drives business specific outcomes through inventory planning.
• The successful candidate is an active member of the planning team. Works cross functionally with merchandising, merchandise planning, store ops, supply chain and other key areas.

Life cycle Management

• Executes SKU level life cycle and transition strategies.
• Oversees inventory balancing functions and manages annual vendor returns.

Continuous Learning

• Eagerly learns new skills and capabilities to improve upon performance and drive value.

Requirements:

Education – Bachelor’s Degree in Business Administration, Supply Chain, or Mathematics

Previous experience – 2+ years business experience (Inventory, Merchandising, Merchandise Planning, or Retail experience preferred)

Other requirements:

• Analytical and problem solving skills
• Ability to work independently and with a high level of energy and initiative
• Strong attention to detail, planning, and organizational skills
• Excellent verbal and written communication skills
• PC and Microsoft Office

We are currently working 2 days in office and 3 days remote, subject to change in the future.