Nuuly Associate Inventory Planner

Urban Outfitters•Philadelphia, PA

About The Position

Nuuly is looking for an Associate Inventory Planner. This role supports the efficient flow and distribution of inventory to designated sell-off locations and across the distribution network. This role focuses on executing strategies to manage obsolete or slow-moving inventory while proactively balancing stock between Distribution Centers (DCs) to maximize turnover, profitability, and warehouse space optimization.

Requirements

Experience: Background in inventory management, preferably within a specialty retailer or start-up environment.
Analytical Skills: Strong analytical capabilities with a basic understanding of demand planning and identifying inventory obsolescence.
Collaboration: Ability to work effectively in cross-functional teams with a focus on process improvement.
Communication: Strong communication skills for effective collaboration with various stakeholders.
Work Style: Detail-oriented with the ability to thrive in a fast-paced setting.

Responsibilities

Execute DC Balancing: Manage inventory leveling across the network to ensure optimal stock positioning, reducing regional stock-outs and minimizing logistics bottlenecks.
Fulfillment Optimization: Diagnose and resolve bottlenecks in fulfillment centers that affect inventory movement, ensuring efficient flow to sell-off or high-demand locations.
Network Visibility: Maintain transparent reporting tools to track inventory flow, shrinkage, and the sell-off process across the entire network.
Cross-Functional Distribution: Partner with Logistics and Merchandise Planning to support network-wide initiatives and optimize inventory distribution across various locations.
Inventory Identification: Collaborate with Merchandise Planning to identify obsolete or slow-moving inventory, contributing to decisions that minimize overstock.
Strategy Execution: Assist in implementing scalable sell-off solutions to effectively manage inventory risk and enhance the customer experience.
Operational Support: Oversee the returns, inbound, inspection, and outbound processes related to sell-offs to ensure adherence to SLAs.
Data Analysis: Analyze inventory data to forecast demand for sell-offs and aid in maintaining optimal stock levels.
Compliance: Work with cross-functional teams to ensure accuracy in inventory processing and compliance with performance standards.