Inventory Planner - Rejuvenation

Williams-Sonoma•Portland, OR

2d•Onsite

About The Position

The Inventory Planner supports the full inventory planning and management lifecycle for the Furniture product category within a product division. The role helps build quarterly bottom-up plans, including plans for new product launches and exits, and supports in-season execution by monitoring inventory arriving at distribution centers, communicating delays, and reporting product sell-through against targets. The planner recommends corrective actions and pricing strategies for product exits and partners with marketing to support sales. Working cross-functionally with merchants, sourcing, and eCommerce and Retail teams, the Inventory Planner monitors product movement and forecast variances and communicates important changes to management and senior leadership. The role supports division KPIs for sales growth, maintained margin, and inventory turn. The position is based onsite in the Portland office full-time, subject to applicable return-to-work guidance.

Requirements

At least 3 years of prior experience in inventory planning and management.
Prior experience in retail.
Proficiency with Microsoft Office, with excellent proficiency in MS Excel.
Strong retail math acumen, including markup, margin planning, open-to-buy, and inventory productivity measures.
Proven analytical and business-planning skills.
Ability to make timely decisions, anticipate problems, and provide creative solutions.
Well-organized and detail-oriented.
Ability to work effectively with ambiguity and in a changing environment.
Ability to work onsite full-time in the Portland office, subject to state, local, and company return-to-work guidance.

Responsibilities

Prepare reporting for weekly cross-functional business reviews.
Summarize backorder positions.
Analyze large variances to forecast and last year (LY).
Analyze the success of recent pricing actions, including clearance and limited-time offers (LTO).
Calculate new-product performance against plan and resulting inventory liabilities.
Participate in initial forecasts for new product development to guide sourcing strategies.
Support quarterly Investment Review planning by building the IR file and supporting documents, collaborating with Merchandising on initial forecasts for new products, suggesting potential drops for downtrending and low-selling products, ensuring margins are accurate, and updating the PowerPoint presentation.
Support the monthly Open-to-Buy process by aligning with the merchant on monthly category sales and margin forecasts, updating forecasts in OFT files, communicating inventory positions and pricing recommendations, and requesting additional receipts or receipt shifts to align inventory with the sales plan.
Maintain SKU-level forecasts in JustEnough software.
Build monthly Push-Chase-Cancel requests to optimize open inventory receipt dollars by month.
Build monthly reorder recommendations in line with approved OTB receipts and submit them to senior management for approval.
Prepare pricing-action proposals for review and upload them to AMS or PRiMA.
Correspond with distribution centers about receiving delays or lost product.
Monitor delay NLA reports for products removed from the web.
Monitor vendor feedback in weekly PWR reports and surface issues.
Audit for ship-mode-to-distribution-center mismatches.
Run ad hoc reporting for partners and senior management as needed.
Participate in regular process-improvement discussions to support continued company growth.
Monitor product arrivals at distribution centers for launches, communicate delays to cross-functional partners, and report sell-through against targets.
Suggest pricing strategies for product exits and partner with marketing to help drive sales.
Monitor variances in company reports against product movement and summarize important changes for the manager or senior leadership.

Benefits

Discount on Williams-Sonoma, Inc. brands.
401(k) plan and other investment opportunities.
Paid vacations, holidays, and time off to volunteer.
Health, dental, and vision insurance, including same-sex domestic partner benefits.
Tax-free commuter benefits.
Wellness program supporting physical, financial, and emotional health.
In-person and online learning opportunities through WSI University.
Cross-brand and cross-function career opportunities.
Resources for self-development.
Advisor (Mentor) program.
Career development workshops and learning programs.
Speaker series.