Director of Inventory Planning

Stio

21h•$110,000 - $140,000•Onsite

About The Position

Stio® is an omni-channel mountain brand that designs, develops and sells beautiful, functional, and innovative apparel, footwear and other accessories infused with the soul of the mountain lifestyle. With headquarters in Jackson, Wyoming, Stio draws inspiration from the surrounding Teton Range and offers product via Stio.com, catalog, B2B and its Mountain Studio® retail locations. We live and love mountain life, and as such see ourselves as caretakers of the resources that provide it. We are proud partners of Protect Our Winters and the Conservation Alliance among many other organizations. We have a strong preferred materials platform, use Bluesign® approved textiles wherever possible, audit our supply chains for best practices, and operate our workplaces responsibly. We think that outside is the best side and that you can’t improve on nature. It’s good for mind, body and soul, and it’s our responsibility to help enable access for all people, regardless of race, gender, beliefs, background or ability. We strive for inclusion at Stio and in our local and national communities. YOUR ROLE The Director of Inventory Planning (DIP) is responsible for developing, communicating and executing inventory strategies to maximize sales, optimize inventory and increase margin. The DIP will own pre-season planning, purchasing, and in-season inventory management for all categories and channels. It is a highly collaborative role and partners with a variety of cross functional teams to drive toward business objectives. The DIP leads and coaches the Planning team. The DIP is on the Operations team and reports directly to the Vice President of Operations.

Requirements

Bachelor’s degree in finance, business, engineering, economics, operations management, or equivalent.
8+ years of experience in inventory planning including forecasting, purchasing, allocation and inventory management
3+ years supervisory role/experience managing people with proven ability to build relationships and lead and develop a high-performing team while achieving business goals
Possess a clear understanding of financial measurements including sales, gross margin, return rate, months on hand, sell through, turn rate, and how to positively impact these metrics
Exceptional analytical skills and the ability to translate analytical findings into actionable recommendations and processes.
Excellent computer skills, including advanced Excel (pivot tables, charts, logical functions (sumif, vlookup, etc.).
Experience with planning software is required; Toolio preferred
Strong critical thinking and problem-solving skills along with curiosity to continually drive for results and process improvement.
Outstanding verbal and written communication and presentation skills including presenting complex material
Strong interpersonal and organizational skills with the ability to work collaboratively and cross-functionally to drive business initiatives forward
Experience leading or participating in an omni-channel business including wholesale, Ecommerce, full price retail and outlet retail; apparel experience preferred.

Responsibilities

Manages, coaches and develops the Inventory Planning team by fostering a culture of collaboration, high performance and continual process improvement
Prioritizes and balances the team’s workload across in-season and pre-season planning deadlines to ensure on-time and accurate execution
Participates as a member of the Operations Leadership team including All Staff presentations, department meetings and cultural initiatives
Partner with VP of Ops to develop and manage Planning team’s OKRs, ensuring they are aligned with company priorities and progress is tracked and communicated regularly
Develops, communicates, and gains alignment on seasonal inventory strategies throughout the GTM process including OTB and Revenue meetings
Oversees pre-season, item-level sales and inventory plans that align with historical performance, merchandising strategies and financial targets
Provides Category Planning Managers with category/channel level strategy direction including growth, margin, safety stock and delivery targets. Ensures the alignment of bottoms-up sales and buy plans to the tops down targets
Manage in-season pricing and markdown strategies to maximize sales and margin, while meeting sell through targets
Oversee omni-channel approach to inventory planning, ensuring optimization across sales channels. Partner with key stakeholders to provide visibility to slow moving inventory and work cross functionally on action plans to hit target inventory levels.
Identify and implement tools, KPIs, processes and best practices to optimize inventory performance
Actively partner cross functionally to drive shared business goals and key outcomes
Identify and lead projects to continuously improve current processes, tools and meeting
Manage weekly and monthly inventory reporting and insights, highlighting opportunities and risk. Look for opportunities to standardize reports and streamline processes
Lead the implementation of new workflows to maximizing inventory planning software across the planning team