Inventory Planning Manager

Parachute Home•Los Angeles, CA

4d•Hybrid

About The Position

At Parachute, we are focused on creating premium, responsibly-made home essentials that fill homes with soft landings. We believe the home is an extension of one's self, it offers a sense of belonging and welcomes all with ease and warmth. Home is where we recharge, wash off the day and rest up for tomorrow. It is the most comforting word there is – that’s why they say there’s no place like it. The unmistakable feeling of home is what inspired us to create Parachute and we invite you to join us in helping people transform a house into a home. We're looking for people who are curious, accountable, and motivated to build something exceptional together. At Parachute, we value teammates who take ownership, adapt with optimism, challenge themselves to grow, and raise the bar for themselves and those around them. If you're energized by meaningful work, high standards, and the opportunity to make a real impact, we'd love to meet you. The Inventory Manager leads the Inventory Reconciliation process between Demand and Supply Planning as part of the Sales & Operations Planning (S&OP). You will drive total company inventory health (accuracy, timeliness, Netsuite single source of truth) working closely with Finance, Logistics, Demand and Supply Planning and ensure inventory accuracy, and smooth flow of goods. This role is highly analytical supporting weekly reporting and monthly S&OP reviews. The ideal candidate is detail-oriented, comfortable with spreadsheet-based systems, and able to translate raw data into clear, actionable reporting.

Requirements

3–5+ years of experience in inventory planning, merchandise planning, supply planning or inventory management within a consumer, retail or ecommerce business
Strong understanding of inventory planning concepts and metrics including Weeks of Supply (WOS), sell-through, aging, GMROI, inventory turns and S&OP
Advanced Excel or Google Sheets skills, including the ability to manipulate and analyze large datasets independently (ex. pivot tables, XLOOKUP, and advanced formulas)
Able to move beyond reporting what happened to develop a clear point of view on what the business should do next
Commercially minded and able to balance inventory availability, working capital, customer demand and financial risk
Confident communicating complex analysis and recommendations to senior stakeholders and comfortable constructively challenging assumptions
Highly accountable and comfortable driving cross-functional action without direct authority
Comfortable operating in a fast-moving environment where processes, systems and tools are continuing to evolve

Nice To Haves

Experience with NetSuite or similar ERP systems strongly preferred

Responsibilities

Own the company's inventory position and provide clear visibility into inventory levels, value, location, availability and overall health across products and channels
Analyze inventory productivity using metrics including weeks of supply, sell-through, aging, and Gross Margin Return on Investment (GMROI) to identify risks, opportunities and areas requiring action
Identify excess, slow-moving and at-risk inventory and develop fact-based recommendations to improve inventory productivity and reduce exposure
Own inventory reconciliation between demand and supply planning as part of the Supply & Operations Planning (S&OP) process, highlighting gaps, risks and tradeoffs against the business plan
Establish inventory targets and ideal coverage by SKU based on demand, supply constraints, lead times and business objectives
Partner with Merchandising, Revenue and Finance to translate inventory insights into commercial and financial decisions, including markdowns, buys and inventory investment
Drive accountability around inventory actions, establishing clear owners and tracking progress from recommendation through outcome
Partner with Finance on inventory valuation, aging, write-off risk and period-end reconciliation across production, in-transit and warehouse inventory
Build and improve inventory reporting, tools and processes across NetSuite, Excel/Google Sheets and emerging planning technologies
Communicate inventory performance, risks and recommendations clearly to the CSCO and senior cross-functional leaders

Benefits

Hybrid schedule with Fridays work-from-home
Comprehensive medical, dental, vision, and disability coverage
One Medical (full health), Kindbody (fertility health), and Talkspace (mental health) memberships
Open & flexible PTO
401(k) plan through Empower
Employee stock options & annual bonus plans
Up to 10 weeks of paid parental leave
Weekly catered lunch & free snacks
Monthly work-from-home stipend
Monthly cell phone reimbursement
$300 annual free bedding, plus an employee discount and $250 new hire gift card
Beautiful HQ in Culver City, steps from the light rail
Dog friendly office