Inventory Planner - Rejuvenation

Williams-Sonoma•Portland, OR

3d•Onsite

About The Position

The Inventory Planner supports the full inventory planning and management lifecycle for the Furniture product category. The role assists with building quarterly bottom-up plans, including new product launches and exits, and supports in-season execution by monitoring incoming inventory, reporting delays, tracking sell-through against targets, and identifying corrective actions. The planner recommends pricing strategies for product exits and works with marketing to support sales. The role monitors product movement and reporting variances, summarizes important changes for the manager or senior leadership, and collaborates with merchants, sourcing, and eCommerce and Retail partners to achieve sales growth, maintain margin, and improve inventory turn. The position also contributes to forecasts, open-to-buy planning, reorder recommendations, reporting, and ongoing process improvements. The role is expected to be performed 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, especially excellent proficiency in Microsoft Excel.
Strong retail math skills, 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 perform work onsite in the Portland office full-time, subject to state, local, and company return-to-work guidance.

Responsibilities

Prepare reporting for weekly cross-functional business reviews, including backorder positions, significant variances to forecast and last year, the performance of recent clearance and limited-time-offer pricing actions, and new-product performance versus 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 review file and supporting documents, collaborating with merchandising on initial forecasts for new products, suggesting drops for downtrending or low-selling products, ensuring margins are accurate, and updating the presentation.
Support the monthly Open-to-Buy process by aligning with merchants on category sales and margin forecasts, updating forecasts in OFT files, communicating inventory positions and pricing recommendations, and requesting additional receipts or receipt shifts to keep inventory aligned 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 Open-to-Buy receipts and submit roll-ups to senior management for approval.
Prepare pricing-action proposals for review and upload them to AMS or PRiMA.
Correspond with distribution centers regarding 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 facilitate continued company growth.

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.
Self-development resources.
Advisor (mentor) program.
Career development workshops and learning programs.
Speaker series.