Inventory Planner

Pentland Brands•Long Beach, CA

1d•$90,000 - $100,000•Hybrid

About The Position

As our Inventory Planner, you are responsible for inventory management and development of a DC replenishment plan that satisfies demand and optimizes service vs cost objectives as defined by leadership. Your primary role is to plan inventory across core and fashion workflows, manage related planning systems (when applicable) for your portion of the business, and minimize stock excess and obsolescence. Through these actions, you will help improve the overall quality and carrying cost of the inventory while still meeting demand needs and service requirements.

Requirements

Minimum 1-3 years in Supply Chain management roles, including: inventory & distribution planning, inventory management, operations, buying/procurement, and/or logistics/distribution.
1+ year with a leading inventory/replenishment planning solution or relevant experience with similar inventory & DRP modules and SAP.
Ability to proactively lead collaborative efforts with commercial planners on inventory policies and impact of forecast changes.
Strong communication skills with the ability to influence and inform through all levels in the global organization.
Strong analytical, creative problem solving, and data driven decision making skills.
Advanced knowledge of Spreadsheet software (Excel).

Nice To Haves

Consumer products company experience preferred, especially a fast-moving, multi-channel consumer goods business with global manufacturing/sourcing.
Bachelor’s degree in business administration, supply chain, or related focus preferred.

Responsibilities

Create inventory plans and targets for different product workflows (Core, Fashion, & SMU) based on strategic direction and vision of Leadership.
Reconcile and revise Purchase Requisition commitments as needed through production lead time.
Manage/resolve stock-out occurrences and expedite products when needed given inventory position and outlook and report on associated costs.
Create and analyze recommendations of seasonal and SMU bulk greige commitments with Business and Forecast teams.
Manage bulk greige buy positioning, allocation, and inventory throughout seasonal finished good production.
Collaborate with associated planners & merchandisers to proactively manage impacts to the plan (e.g. demand changes, supply variability, etc.).
Begin inventory segmentation rule setting aligned to both sales and supply chain objectives.
Plan and track new item introduction across all workflows to ensure products are available to ship from across the network to meet target on-shelf dates.
Support leadership in preparation of monthly IBP process through creation and explanation of finished goods inventory forecast.
Based on strategic targets, managing planning parameters such as days of supply, order minimums, safety stock setting, lead time management, and maximum coverage.
Generate reports and support performance management process in such areas as stock high/low/outs, service levels to customer, weeks of supply vs goal, etc. Achieve KPI Targets.
Champion inventory/replenishment planning best practices and support continuous improvement in the inventory/replenishment planning and collaboration processes.